reQuire Announces Expansion Efforts

February 28, 2012

reQuire Release Tracking, a national release tracking company, announced that Joe Troilo will spearhead its expansion into New York, while Alan Shumate joined the company as northern Virginia account manager.

As reQuire continues to expand, Troilo will be responsible for introducing reQuire’s release tracking service to attorneys, settlement agents and title companies in Long Island, New York City and surrounding areas of southern New York.

"I am very excited to be in the Big Apple," Troilo said. "When I first started working with reQuire, I said that when we expand into New York, I want the opportunity to make it happen."

For the past three years, Troilo has been instrumental in growing business for reQuire in Pennsylvania and New Jersey.

Named reQuire Account Manager of the Year in 2009, Troilo attributes his success at reQuire to the team-oriented approach of his colleagues, who offer their support from the corporate office in Virginia Beach. Originally from Avondale, Pennsylvania, he is a former professional baseball player for the Boston Red Sox, and served as a financial advisor for Merrill Lynch.

reQuire Release Tracking, the largest release tracking company in the country, announced today

Meanwhile, Shumate will be responsible for building and strengthening accounts, and selling reQuire services to attorneys and title agents in Northern Virginia. His background includes more than eight years of experience in the mortgage industry including origination, loss mitigation, secondary markets and investor guidelines. Prior to joining reQuire, Shumate worked for Bank of America as a senior quality analyst.

"I knew about reQuire for some time and was quite compelled with the release tracking service," Shumate said. "Having worked in the mortgage industry, I understood how this service would have far ranging benefits for all parties involved."

reQuire Release Tracking currently has more than 2,000 customers in 32 states, the Virgin Islands, and the District of Columbia. With more than 200,000 transactions added to reQuire’s database in 2011, the company employs 60 team members and reports a three-year revenue growth of 32 percent.

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