The 2007 Philadelphia 100® marks the 19th Anniversary of the founding of this prestigious research project and event.  Magellan Group was honored at the Philadelphia 100® Awards Dinner and Ceremony, held on October 25, 2007 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, 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 the website at http://www.philadelphia100.com/

About Magellan Group

Magellan Group, Inc. is the premier recruitment solutions provider for Accounting and Financial professionals.  Started in 2002, Magellan Group specializes in permanent placement services and has achieved a two year revenue growth rate of 343% and employee growth rate of 300%.  Magellan Group's success can be attributed to the approach taken in performing their recruitment services.  Magellan 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 Group to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace.  For more information about Magellan Group, Inc., please visit http://www.magellangroup.com/

PLYMOUTH MEETING, October 21, 2008 - Philadelphia Business Journal has named Magellan one of its Best Places to Work in the Philadelphia region. The award recognizes the company's achievements in creating a positive work environment that attracts and retains employees through a combination of benefits, working conditions and company culture.

The Plymouth Meeting based Magellan was one of hundreds to enter, securing its position on this prestigious list based on the strength of its incentives and benefits, as evaluated by its employees.

"We're honored that Magellan has been recognized as an outstanding place to work", said Matt Kenefic, President. "In the past year, we have experienced rapid growth, and we've maintained the exceptional work environment that has really set us apart from the beginning.  We value our employees and strive to create the best environment for them to meet their professional goals." 

"We entered the award program," said Kenefic, "because we think that our culture is unique in the incentives and benefits we offer, and our employees clearly recognize that. The company is very proud of its employees, and we're proud to be a winner of this award."

About the Best Places to Work Award

The 2008 program is sponsored by CareerBuilder.com, Comcast-Spectacor, the Delaware Valley Regional Planning Commission, Kreischer Miller, Philadelphia SHRM, and SB 1 Federal Credit Union.
"The best places to work are companies that recognize employees as their best asset, instrumental in maintaining the quality and reputation for services and products," said Bernard Dagenais, Philadelphia Business Journal editor. "The right work environment can create a powerful business advantage." Common themes among top companies focused on work-life balance; respect and caring for employees; recognition of accomplishments; feeling empowered; good teamwork and commitment to community.

The 3 winning companies, included among the 50 finalists in six categories, are featured in a special supplement in the October 17 Philadelphia Business Journal. Winning companies and finalists are entitled to use the 2008 seal in advertising and public relations outreach.

About Magellan

Magellan is the premier recruitment solutions provider for Accounting, Financial and IT professionals. Started in 2002, Magellan specializes in permanent placement, temp to perm, and contract staffing services. Magellan has achieved a two year revenue growth rate of 343% and employee growth rate of 300%. In both 2007 and 2008, Magellan was recognized by the Philadelphia 100 as one of the fastest growing privately held companies in the 10 county Philadelphia Region. Magellan's success can be attributed to the approach taken in performing their recruitment services.  Magellan'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 to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace.  For more information about Magellan, please visit www.magellangroup.com.

"We are honored to have Donna join the Magellan team," said Joe Nicolas, Vice President of Magellan. "She brings with her years of valuable experience, and she will be a beneficial asset to our company's future."

Prior to joining the Magellan team, Donna spent over 13 years working in the real estate field as Controller and Chief Financial Officer of two different real estate firms.  She also worked in the Business Assurance and Advisory Services group at PriceWaterhouseCoopers where she performed audits of publicly-held and real estate clients.  

Donna earned her Bachelor of Science degree in accounting from Pennsylvania State University. She has also holds her CPA license from the state of PA and is an active member of the AICPA and the PICPA.

"This is an exciting opportunity for me," said Herrick.  "I am looking forward to assisting the Magellan team in their commitment to the growth and success of the company."

About Magellan

Started in 2002 as Delaware Valley Staffing, Magellan specializes in direct-hire, contract staffing, and temporary solutions for Accounting, Finance and Energy Professionals. Magellan has achieved a two year revenue growth rate of 343% and employee growth rate of 300%. In both 2007 and 2008, Magellan was recognized by the Philadelphia 100 as one of the fastest growing privately held companies in the 10 county Philadelphia Region. Magellan's success can be attributed to the approach taken in performing their recruitment services.  Magellan'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 to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace.  For more information about Magellan, please visit www.magellangroup.com.

Magellan CleanTech is the newest division of Magellan, focused on finding companies' the top talent in the energy industry to achieve their Going Green initiatives, helping clients as diverse in size as they are in interest. This includes both privately and publicly held companies that range from small firms to National Fortune 100 organizations. With corporate headquarters in Plymouth Meeting, PA, Magellan CleanTech strives to reach international markets by the year 2012.

"I have known and admired John for many years" said Matthew T. Kenefic, President of Magellan. "John brings with him an incredible knowledge of the energy industry, and through his active involvement in the energy community, he has an established network of energy professionals. John has proven himself to be a valuable asset to any organization and we are thrilled to have him on board".

Prior to Joining the Magellan team, John led a team of Energy recruiters at a

His experience has allowed him to become the leading CleanTech partner in the region.

"The CleanTech Industry is dynamic; discovering and harnessing these renewable energy sources that will power the future is one of today's greatest challenges.  Finding the thought leaders, and business development professionals who can turn the Go Green push into practice is where I shine," said Nicolas. "I am excited to share my experience and knowledge with the Magellan team, and to contribute Magellan's ongoing success."

About Magellan

Started in 2002, Magellan specializes in professional placement services for Accounting, Finance, and Energy professionals. Magellan has been recognized by the Philadelphia 100 as one of the fastest growing privately held companies in the 10 county Philadelphia Region. Magellan's success can be attributed to the approach taken in performing their recruitment services.  Magellan'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 to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace. For more information about Magellan, please visit www.magellangroup.com

Magellan Consulting is focused on identifying quality temporary and contract recruitment solutions for clients in the Pennsylvania, New Jersey, and Delaware area. With corporate headquarters in Plymouth Meeting, PA, Magellan Consulting is the Firm's newest division, providing talent to small, medium and Fortune sized organizations.

With the launch of Magellan Consulting, Magellan now competes with national recruiting corporations as a full service recruiting firm, covering the realm of all staffing and recruiting needs: Contingent, Retained and Project-Based Support and Interim Staff Augmentation.

"We are excited to be able to offer this new service to both our candidates and clients" says Matt Kenefic, President of Magellan. "We have a great team of highly skilled recruiters who will be able to provide excellent candidates into challenging and rewarding positions. We expect Magellan to be a great resource for our clients, as well as our candidates."

About Magellan

Started in 2002, Magellan specializes in professional placement services for Accounting, & Finance professionals, and has achieved a two year revenue growth rate of 343% and employee growth rate of 300%. In both 2007 and 2008, Magellan was recognized by the Philadelphia 100 as one of the fastest growing privately held companies in the 10 county Philadelphia Region. Magellan's success can be attributed to the approach taken in performing their recruitment services.  Magellan'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 to exceed client expectations and reward candidates with the most challenging and exciting opportunities in the marketplace. For more information about Magellan, please visit www.magellangroup.com

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

The addition of Peopleflex's temporary staffing services complements our permanent placement business and furthers Magellan's goal to become a one-stop shop for our accounting and finance clients. This transaction greatly enhances our consulting practice and affirms our position as one of the fastest growing companies in the Philadelphia region.

You can read the press release about this news below.

Peopleflex Becomes AC Lordi Search

Magellan Search Group Acquires Peopleflex's Temporary Staffing Business

WEST CHESTER, PA - (March 16, 2011) - AC Lordi, a leading provider of accounting and risk management consulting, announced today that its Peopleflex subsidiary will take the name AC Lordi Search to provide its direct hire services for accounting, audit and tax professionals. In addition, the Magellan Search Group has purchased the company's temporary staffing operations in Philadelphia. The move streamlines AC Lordi's array of services to enable the firm to focus on its core offerings. AC Lordi and Magellan have also entered into a formal alliance to offer each other's services to their respective clients.

 "This strategic decision aligns AC Lordi's services with our corporate vision as the exceptional alternative to the Big 4 accounting firms for non-attest work," said Frank Lordi, CEO of AC Lordi. "Teaming up with Magellan Search Group enables both firms to accelerate execution of our strategic plans while providing uninterrupted service to our clients."

 "The addition of Peopleflex's temporary staffing services complements our permanent placement business and furthers Magellan Search Group's goal to become a one-stop shop for our accounting and finance clients," said Magellan CEO Joseph Nicolas. "This transaction elevates our position as one of the fastest growing companies in the Philadelphia region," added president Matthew Kenefic.

To ensure a smooth transition, Magellan will hire all Peopleflex employees assigned to existing contracts and lease space in AC Lordi's Center City office.

About Magellan Search Group

Magellan Search Group  specializes in direct-hire, contract and temporary recruitment solutions for accounting & finance and renewable energy services professionals. The company is recognized as a regional leader in executive search and as one of the fastest growing companies in the Philadelphia region.  www.magellangroup.com

 The Plymouth Meeting based Magellan Search Group was one of hundreds to enter, securing its position on this prominent list based on the strength of its benefits and programs, as evaluated by its employees.
 
"We are confident that our work ethic and office environment reflect that of a staff who look forward to coming to work every day, and know they are appreciated for all of their hard work and dedication," said Joseph Nicolas, CEO about receiving this prestigious professional award.

Philadelphia Business Journal is in its 30th year of publishing and the Best Places to Work program is in its eighth year. The 2011 program sponsors include TransitChek, Delaware Valley Regional Planning Commission and SB1 Federal Credit Union. The results were tabulated by The Philadelphia Business Journal's research partner, Quantum Workplace from hundreds of online surveys completed by employees to establish rank order.
 
The region's Top 50 Best Places to Work was honored at a private awards program and featured in a special supplement in the October 14 issue of the Philadelphia Business Journal.
 
"During these times of economic uncertainty, businesses are facing a huge challenge in keeping honored morale and productivity high," said Craig Ey, editor of the Philadelphia Business Journal. "The companies by the Philadelphia Business Journal in our 2011 Best Places to Work awards deserve a great deal of praise for creating and maintaining excellent work environments."
 
About Magellan Search Group:
Magellan Search Group specializes in direct-hire, contract and temporary recruitment solutions for accounting & finance and renewable energy services professionals. The company is recognized as a regional leader in executive search and as one of the fastest growing companies in the Philadelphia region. For more information on Magellan Search Group please visit www.magellangroup.com

2000 Market St., Suite 800 | Philadelphia, PA 19103
620 W. Germantown Pike, Suite 300 | Plymouth Meeting, PA 19462
Phone:610.941.0100
www.magellangroup.com