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The Philadelphia 100® as the 2007 12th Fastest Growing Company

MAGELLAN GROUP RECOGNIZED BY THE PHILADELPHIA 100® AS THE 2007 12TH FASTEST GROWING PRIVATELY HELD COMPANY  IN THE REGION

Plymouth Meeting, PA-  Matthew T. Kenefic, President and Joseph Nicolas, Vice President /Managing Partner are pleased to announce that Magellan Group, Inc. has been recognized by the Philadelphia 100 as the 12th fastest growing privately held company in the ten county Philadelphia region.

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/

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