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MAGELLAN SEARCH GROUP RECOGNIZED BY THE PHILADELPHIA 100® AS THE 2008 23RD FASTEST GROWING PRIVATELY HELD COMPANY IN THE REGION

MAGELLAN SEARCH GROUP RECOGNIZED BY THE PHILADELPHIA 100® AS THE 2008 23RD FASTEST GROWING PRIVATELY HELD COMPANY IN THE REGION

Plymouth Meeting, PA-  Matthew T. Kenefic, President and Joseph Nicolas, Managing Partner are pleased to announce that Magellan Search Group, Inc. has been once again recognized by the Philadelphia 100 as one of the fastest growing privately held companies in the ten county Philadelphia region. This honorable distinction as the 23rd Fastest Growing Company follows 2007s ranking of number12.

The 2008 Philadelphia 100® marks the 20th Anniversary of the founding of this prestigious research project and event.  Magellan Search Group was honored at the Philadelphia 100® Awards Dinner and Ceremony, held on October 22, 2008 at The Sheraton Philadelphia.  "On behalf of our bright and energetic team, I am honored to accept this distinction.  It is a reflection of many hours of hard work and dedication from everyone in the organization and a belief in the individuals and client organizations that we represent," says Matt.

About the Philadelphia 100

The Philadelphia 100® was founded in 1988 to publicly identify, recognize and promote young successful companies in the Greater Philadelphia region.  Previously recognized companies include NovaCare, Forman Mills, Synygy, ATX, Mothers Work, Sabre Systems, Urban Outfitters and Kremer Laser Eye Center, Eggland's Best and NeatReceipts among many others.  The Philadelphia 100® is a meritorious designation based on verifiable revenue growth as reported on federal tax forms or audited financial statements.  The Philadelphia 100® is a registered trademark of the Entrepreneurs' Forum of Greater Philadelphia, Philadelphia Business Journal and The Wharton Small Business Development Center.  For more information about the Philadelphia 100®, please visit their website at www.philadelphia100.com

About Magellan Search Group

Magellan Search Group, Inc. is the premier recruitment solutions provider for Accounting and Financial professionals.  Started in 2002, Magellan Search Group specializes in permanent placement services and has achieved a three year revenue growth rate of 300%.Magellan Search Group's success can be attributed to the approach taken in performing their recruitment services.  Magellan Search Group's consultants are educated on the economic, structural, and cultural nature of each client and understand the technical and non-technical elements of each staffing need.  Additionally, the consultants respect the significance of each candidate's career progression, and communicate with them to evaluate their skill sets, assess their career goals, and determine their search parameters.  This thorough process has enabled Magellan Search Group to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace.  For more information about Magellan Search Group, Inc., please visit www.magellangroup.com

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