TWC Group :: Press Releases

TWC GROUP MAKES THE PHILADELPHIA 100®

Selected as One of the Region's Fastest Growing Privately Held Companies

Audubon PA (October 23, 2006) – TWC Group, a leading provider of recruitment process outsourcing (RPO) services based in Audubon, Pa., is pleased to announce that it has been recognized as one of the fastest growing, privately held companies in the ten-county Philadelphia region. This year's Philadelphia 100 had a very high bar as the two-year growth rate of the lowest ranked company on the list exceeded 80%, one of the highest in the history of this program.

The 2006 Philadelphia 100 marks the 18th Anniversary of the founding of this prestigious research project and event. TWC Group will be honored at The 2006 Philadelphia 100 Awards Dinner and Ceremony, held on October 24, 2006 at The Sheraton Philadelphia – Center City at 17th and Race Streets from 5:30 p.m. to 9 p.m. This ceremony is hosted by the Entrepreneurs' Forum of Greater Philadelphia, the Philadelphia Business Journal and The Wharton Small Business Development Center.

In the past two years, TWC Group has doubled in growth and nearly tripled its client list – all accomplishments which contributed to this year's Philadelphia 100 recognition. With long-standing affiliations in the venture capital community and an exclusive partnership with NextStage Capital L.P., TWC Group has successfully expanded its core expertise in building key management teams for emerging growth companies to managing the entire recruitment process for the area's largest Fortune 500 corporations. Attributing to TWC Group's significant growth was the launch of its Human Resources Outsourcing (HRO) practice, with the Company's acquisition of HR Impact. Together, TWC Group and HR Impact serve as the premier recruitment and HR outsourcing provider in the Northeast region.

"We are pleased that our continued growth over the past several years has been recognized by the Philadelphia 100," said Terry Williams, president and CEO, TWC Group. "Our approach has always been to partner with our clients to create tailored recruitment and retention processes that become a competitive differentiator. This award is a testament to the commitment of our employees as they deliver quality human capital solutions to our growing client base."

About TWC Group
TWC Group is a leading provider of recruitment process outsourcing (RPO) services that enable companies to build a competitive advantage through workforce recruitment and retention. From emerging growth firms to Fortune 500 corporations, TWC provides a single point of contact for outsourced recruitment, executive search, and human resources, allowing organizations to focus on their own core business by leveraging our expertise in finding the best talent, increasing internal process efficiencies and improving overall performance management. For more than a decade, TWC has been providing human capital solutions for companies in Biotech, Energy, Financial Services, Healthcare, Information Technology, Manufacturing, Optics, Pharmaceuticals, Telecommunications, and Wireless. For more information, please visit TWC at www.twcgroup.com.

About 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, Diamond Transportation, West Coast Video, Spectacor, Urban Outfitters and Kremer Laser Eye Center, 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, the Philadelphia Business Journal and The Wharton Small Business Development Center. For more information about the Philadelphia 100, please visit the website at www.Philadelphia100.com.

Media Contacts:

Andrew Becker
Alta Communications
215-790-7834
andrew@alta247.com

Sally Ting
TWC Group
610-635-0101
sting@twcgroup.com