NORFOLK, Va., March 30, 2016-- PRA Group (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Gary Ochs has been named assistant vice president, technology services.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ce05c5a2-88bc-4920-9d4b-e217136929b7

Ochs has more than 17 years of experience in information technology.  He was senior manager, data center operations for PRA Group before being promoted to his current position. His previous roles include director, IT operations for the Americas for Cegedim Group, senior network engineer for ProSoft, and network engineer and exchange administrator for CACI Field Services. 

Prior to his career in IT, Ochs was on active duty in the United States Army. He served in Operation Desert Shield/Desert Storm and earned numerous awards and decorations for his military service. He is also a disabled combat veteran and a member of the Disabled American Veterans organization.

Ochs earned a Bachelor of Science degree with a major in physics and mathematics from Slippery Rock University. He is a Microsoft Certified Systems Engineer and a Certified Novell Administrator 5.0.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group (Nasdaq:PRAA) returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.

News Media Contact:
Nancy Porter
Vice President, Corporate Communications
(757) 431-7950
NAPorter@PRAGroup.com