Adams and Haider will join the audit, compensation and governance/nominating committees. "Jennifer and Don will be excellent additions to the Asset Acceptance Capital board," said Bud Reitzel, chairman of the board of Asset Acceptance Capital. "We specifically chose board members capable of providing vital wisdom and guidance as Asset Acceptance Capital maps a new course for growth as a public company. We are confident Jennifer and Don will complement the existing board and its effort to keep Asset Acceptance Capital continually moving in the right direction." The Company said that these appointments, which were contemplated in the prospectus for its February 5, 2004 initial public offering, represent the first step toward its plan to have a majority of independent directors. Adams began her career in 1986 as an associate for the New York office of Latham & Watkins.