OVIEDO, FL (MMD Newswire) January 20, 2009 -- Debt Remedy of America, Inc., a Debt Settlement  firm providing services to consumers and businesses, today announced that on December 11, 2008 it added Steven Gluckstein as an independent director to its Board of Directors.  

Mr. Gluckstein is a Managing Director at Oppenheimer & Co. Inc. where he is head of global strategy and previously held the position of Director of Research.  Prior to Oppenheimer, Mr. Gluckstein managed his own asset management business.  He earlier spent 12 years at Arnhold and S. Bleichroeder, where Mr. Gluckstein was a senior global equities analyst and later, Director of Research.  With more than 20 years experience in equity research, Mr. Gluckstein has extensively traveled to over 30 countries reviewing and analyzing investment opportunities.  He has ten years of wide ranging industrial experience in the manufacturing sector, which earned him senior member status in The Society of Manufacturing Engineers.  Mr. Gluckstein has been a regular past guest on CNBC and is often quoted in various business publications.  He is a graduate of the Wharton School of the University of Pennsylvania.

"Mr. Gluckstein will make a very valuable addition to our Board. His industry knowledge and expertise will assist us as we expand and grow Debt Remedy of America," said Carlo R. Besenius, Debt Remedy of America Chairman of the Board.

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About Debt Remedy of America, Inc.
Established in 2008, Debt Remedy of America, Inc offers Debt Settlement Services, to both Consumer and Businesses nationwide.  Debt Remedy of America is a Florida corporation based in Oviedo, FL. http://www.debtremedyofamerica.com

Forward-Looking Statement Disclaimer
This press release contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risk, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, without limitation, fluctuations in the volume of transactional services provided by the Company, competition with respect to other Debt Settlement Companies, the effect of general economic and market conditions, factors affecting the Debt Settlement industry as well as other risks and uncertainties detailed from time to time in the Company's filings. The Company undertakes no obligation to revise or update any forward-looking statement.

Media Contact:
Nathan Spells
nspells@debtremedyofamerica.com

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