DRV Direxion Daily Real Estate Bear 3X Shares

Debt Resolve, Inc. (AMEX: DRV), announced today that in the case of Cybersettle, Inc. vs. National Arbitration Forum, Inc. [2007-1092], the United States Court of Appeals for the Federal Circuit in a decision dated July 24, 2007, held that the asserted claims of US Patent No. 6,330,551 ("551 Patent") for online dispute resolution cover the submission of multiple rounds and offers that may be compared and tested at any time and directed that National Arbitration Forum submit to further proceedings in the District Court on the issue of its infringement. The Court also found that other claims do not have a multiple bid requirement. This major patent infringement case, titled Cybersettle v. NAF, reaffirms Debt Resolve�s patent protection, since Debt Resolve and Cybersettle both have rights under the same patent; Cybersettle for insurance; Debt Resolve for settlement of consumer debt. NAF, which had earlier admitted the validity of those patent claims, is a Minnesota-based company involved in alternative dispute resolution, including settling disputes concerning consumer and commercial debt. Debt Resolve believes that this decision will prevent NAF from entering the Online Dispute Resolution business in the field of consumer collections. CEO James Burchetta stated: �We were delighted, but not surprised, that the Court reaffirmed the protection provided by Debt Resolve�s patent and intellectual property. We applaud and congratulate Cybersettle and await the outcome of the hearing in the District Court on the issue of actual infringement. This is a significant victory that clearly demonstrates the power and breadth of our patents.� Debt Resolve�s suite of online collection tools is protected not only by the 551 Patent but also by US Patents 6,954,741 and 6,850,918. The Company intends to continue to vigorously defend its patent and intellectual property rights, which have been granted in numerous countries worldwide, including the UK. About Debt Resolve, Inc. Debt Resolve provides lenders, collection agencies, debt buyers and utilities with a patented online bidding system for the resolution and settlement of consumer debt and a collections and skip tracing solution that is effective at every stage of collection and recovery. Through its subsidiary, DRV Capital, LLC, the company is actively engaged in the purchase and collections of distressed accounts receivable using its own collections solutions. Through its subsidiary, First Performance Corp., the company is actively engaged in operating a collection agency for the benefit of its clients, which include banks, finance companies and purchasers of distressed accounts receivable. The stock of Debt Resolve is traded on the American Stock Exchange. Debt Resolve is headquartered in White Plains, New York. For more information, please visit our website at www.debtresolve.com. Forward-Looking Statements and Disclaimer Certain statements in this press release and elsewhere by management of the company that are neither reported financial results nor other historical information are �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of the company�s operations, or the performance or achievements of the company, or industry results, to differ materially from those expressed or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere in this press release, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied by the forward-looking statements include, but are not limited to, events or circumstances which affect the ability of Debt Resolve to realize improvements in operating earnings expected from the acquisition of First Performance and the contemplated acquisition of Creditors Interchange; competitive pricing for the company�s products and services; fluctuations in demand for the company�s products or services; changes to economic growth in the United States and international economies; government policies and regulations, including, but not limited to those affecting the collection of consumer debt; adverse results in current or future litigation; currency movements; and other risk factors discussed in the company�s Annual Report on Form 10-KSB for the year ended December 31, 2006, and in other filings made from time to time with the SEC. Debt Resolve undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Investors are advised, however, to consult any further disclosures made on related subjects in the company�s reports filed with the SEC.