ACG Presents O'Donnell, Chapman, St.George, Klien, Miller Meritorious Service Awards; Wangman Receives Lifetime Achievement Award.

CHICAGO & ORLANDO, Fla. -- The Association for Corporate Growth (ACG), the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions, named five ACG 2006 Meritorious Service Award winners. The ACG Meritorious Service Award recognizes ACG members who have contributed to the success of ACG through extraordinary achievement and service. In addition, Carl A. Wangman, President of The Center for Association Growth (TCAG), received the ACG Lifetime Achievement Award for his longstanding dedication to ACG.

Recipients of the ACG Meritorious Service Award are:

--Joseph W. Chapman Jr., Director and former President, ACG Atlanta; Senior Vice President, Marsh USA. During Mr. Chapman's tenure as President of ACG Atlanta, he was a great bridge builder, developing relationships with Financial Executives International (FEI), targeting Atlanta-area corporate development officers, and developing relationships between ACG Atlanta and the Alabama business community.

--Harald C. Klien, Chapter Representative Director; ACG Austria; Managing Director, CD Invest Consult, GmbH. Mr. Klien is the driving force for the ongoing success of ACG Austria. He is the founder of the chapter and a fantastic networker within the Austrian business community. The quality/caliber of his guest speakers at meetings is outstanding and his enthusiasm is infectious. He is also organizing the first European Capital Connection in Austria in June 2006.

--Craig A. Miller, Former President, ACG Chicago; Principal, Oak Ridge Capital. During Mr. Miller's tenure as President of ACG Chicago, the chapter experienced tremendous growth, launched the Midwest Capital Connection, international Program, and Corporate Growth Research Grants with major universities around the world, and became the premier organization in Illinois for merger and acquisition professionals.

--James F. O'Donnell, III, Chapter Representative Director and former President, ACG St. Louis; Chairman and CEO, Capital for Business. During Mr. O'Donnell's tenure, ACG St. Louis doubled revenues, sharply increased membership, and provided members with increased programming, enhanced communication, and networking opportunities, including the Corporate Development Series, for which ACG St. Louis received the first ACG award for Corporate Focus.

--Ardelle C. St.George, ACG Secretary Director and former Chairman of ACG InterGrowth in 2005; Partner, St.George & Carnegie. Ms. St.George, an active Orange County and global ACG member, was Chairman of ACG InterGrowth in 2005, which was an extremely successful event. She continues to share her legal services to the ACG Board, particularly in regard to copyright and trademark issues aimed at protecting the ACG brand.

The recipient of the ACG Lifetime Achievement Award is:

--Carl A. Wangman, President of The Center for Association Growth (TCAG), an association management company, which he established in 1992. Mr. Wangman also owned the company that began managing ACG in 1983. During Mr. Wangman's tenure as ACG Executive Director for 14 years, ACG grew from 2,700 members in 26 chapters to nearly 10,000 members in 51 chapters in the United States and Europe. Mr. Wangman was awarded the ACG Meritorious Service Award in 1995.

"I'd like to congratulate Joe, Harald, Craig, Jim, Ardelle and Carl for their tireless and hugely productive work on behalf of ACG and its members," said Daniel A. Varroney, President and CEO of ACG. "They have helped develop and deliver high-quality programs that have provided ACG members with great value and attracted many new members. Their hard work has helped make ACG the leading authority on corporate growth."

"Our Meritorious Service Award winners are all great innovators and leaders, and also team players that have raised the bar for quality programs," said Nancy D. Halwig, ACG Director and Chair of ACG Awards, and Managing Director, DoveBid Valuation Services, Inc. "Carl deserves special thanks for his longtime dedication to ACG and for shepherding the tremendous growth of the association."

ACG InterGrowth attracted approximately 1,300 dealmakers, who attend to network, look for investment opportunities, and learn about the strategies, tactics, and lessons that can help companies grow.

About ACG

Founded in 1954, the Association for Corporate Growth is the premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at nearly 10,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 51 chapters in North America and Europe. For more information, please go to: www.acg.org.