Coleman Lew & Associates Posts 'Best Year Ever' for 2007 with Positive Recruiting Outlook for 1Q08.

Executive Search Industry Bodes Well As Baby Boomer Generation Retires

CHARLOTTE, N.C. -- Kenneth D. Carrick, Jr., managing partner for Coleman Lew & Associates, a national executive search firm based here, reported a record 49.9 percent increase in revenues for the company during calendar year 2007 compared to 2006 with continuing strong revenue projected throughout first quarter 2008.

According to Carrick, "We've posted our best year ever for revenues since our founding in 1979. The business momentum we created from last year's efforts will continue through the first quarter of this year, and our long term outlook is favorable since the search for executive talent continues to escalate as more baby boomer generation executives retire."

Key company highlights for 2007 that contributed to the firm's record performance include:

* Selection of Atlanta-based executive James E. Bostic Jr. as partner in the firm;

* Acquisition of LaVallee Associates of Winston Salem, N.C. with selection of Michael J. LaVallee as partner; and

* Acquisition of Gold Consulting of Gainesville, Fla. and selection of E. Scott Golden as partner for Leadership Development Services at Coleman Lew & Associates.

Coleman Lew & Associates, Inc., founded in 1979 and headquartered in Charlotte, N.C., is a retained national executive search firm that recruits board members, officers, and senior level executives for national and international companies, academic institutions, and non-profit organizations. The firm also provides customized leadership development services to organizations seeking to maximize corporate performance. Member, Association of Executive Search Consultants (AESC).