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Halo Companies, Inc. Honored With Celebration of Enterprise Award for Two Consecutive Years

^{Published on 2011-02-24 04:15:32 - Market Wire}
 

ALLEN, TX--(Marketwire - February 24, 2011) - [ Halo Companies, Inc. ] (OTCQB: [ HALN ]), a publicly-traded asset management and consumer financial services company based in Allen, TX, was honored by Capital One Bank with the Celebration of Enterprise Award in the Medium Business category for the second year in a row. Cade Thompson, Chief Executive Officer for [ Halo Companies, Inc. ], accepted the award at a luncheon held for the finalists at the Renaissance Hotel in Dallas.

The Celebration of Enterprise Award is designed to recognize entrepreneurial spirits, reward those who saw significant economic growth, and overcame daunting obstacles to achieve that growth. The organization saw more applicants this year than in any previous year -- a reflection of the extensive growth in the area. Collin County is one of the fastest growing counties in Texas, and is recognized as one of the top growth counties in the nation. With many businesses relocating to the area each month, the competition is fierce.

[ Halo Companies, Inc. ] was selected from a group of five finalists as the winner of their category. "We are extremely honored to receive this reward and recognition for the second year in a row," states Paul Williams, Vice Chairman & Chief Financial Officer of Halo Companies. "For Halo to be acknowledged with awards such as this, we must continue the uniformity of our vision, goals, and focus to remain a successful, competitive company in the area."

Halo Companies, Inc. is composed of ten companies and over 100 employees assisting consumers and businesses in achieving their financial goals. Halo offers a full suite of services including asset management, mortgage lending, real estate services, insurance services, credit restoration, and unsecured debt resolution to help each consumer accomplish the dream of homeownership.

"Halo has transitioned from focusing solely on the core consumer products we assembled over the last seven years, to leveraging our wholesale business-to-business relationships, allowing us to take down larger blocks of business and improve our client conversion efficiencies," confirmed Williams.

About Halo Companies, Inc.

Halo Companies, Inc. (OTCQB: [ HALN ]) is a publicly-traded nationwide asset management and consumer financial services company that provides solutions to financially distressed consumers which can be applied individually or utilized as a comprehensive workout strategy. Halo is able to develop comprehensive, tailored solutions for consumers through debt settlement, credit repair, mortgage lending, real estate services and insurance protection. Halo also offers portfolio advisory and consulting services for investors and institutions holding portfolios of non-performing assets. Halo has been recently recognized by Inc. Magazine, Comerica Bank's Collin 60, the Capital One Bank Celebration of Enterprise, and the SMU Cox School of Business Dallas 100. For more information about Halo Companies, Inc., visit [ www.haloco.com ].

Cautionary Language Concerning Forward-Looking Statements:

Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in Halo Companies' filings with the Securities and Exchange Commission. Halo Companies, Inc. disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.