Performant Financial Corporation Names the Honorable James G. Huse, Jr. as Senior Advisor for Enterprise Integrity Strategy

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| Source: Performant Financial Corp.

LIVERMORE, Calif., Nov. 20, 2013 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq:PFMT) today announced that James G. Huse Jr. will serve as a Senior Advisor for government and commercial enterprise integrity strategy. Mr. Huse is a renowned advisor to leading companies focused on enterprise and program integrity, cost containment, risk management and governance.

"Jim's 45 years of experience working in the federal, state, local government and private sector financial management communities is particularly relevant for our growth strategy," commented Lisa Im, Performant Financial's Chief Executive Officer. "Health care reform and the Improper Payments Elimination and Recovery Act of 2010 are expected to be significant catalysts for Performant's services. Jim's credentials and experiences are perfectly aligned to our corporate goals. We look forward to his insight and perspective as we continue to evaluate, develop and implement new solutions for government and commercial payers — critical growth markets for the company."

Mr. Huse is the former Inspector General for the Social Security Administration, appointed by President Clinton. He also served as Assistant Director of the US Secret Service and CEO of IntegriGuard, a Medicare program safeguard contractor. Jim is a respected authority on enterprise integrity, law enforcement and public safety matters, homeland security, government accountability, oversight and assurance. His work experiences have involved the highest levels of national security operations and concerns. As such, he has advised senior federal agency officials and Fortune 500 companies for many years.

In September 2011, Mr. Huse was elected a Fellow of the National Academy of Public Administration.

About Performant Financial Corporation

Performant Financial Corporation is a leading provider of technology-enabled recovery and related analytics services. The Company's services help identify and recover delinquent or defaulted assets and improper payments for various government, healthcare and financial services markets in the United States. The Company was founded in 1976 and is headquartered in Livermore, California.

Richard Zubek
Investor Relations
925-960-4988