Eliassen Group - 2002 PRESS RELEASES

PRESS RELEASES: 2002

August 5, 2002
IT Staffing Leader Eliassen Group Names Cambria Director of National Division

May 20, 2002
Eliassen Group Names Nunn Vice President of Sales

April 1, 2002
Eliassen Names Murphy Director of Sales

March 8, 2002
Eliassen Acquires Certain Assets of Orion

NEWS RELEASE
FOR IMMEDIATE RELEASE
August 5, 2002

IT STAFFING LEADER ELIASSEN GROUP NAMES CAMBRIA DIRECTOR OF NATIONAL DIVISION

Wakefield, MA - Steve Cambria has been named Director of National Division for Eliassen Group, Inc. (www.eliassen.com), a leader in the IT staffing and consulting industry, announced company founder and CEO Mona Eliassen today.

In his new role, Cambria leads Eliassen's National team. This division was created to expand Eliassen's capabilities and service clients and consultants across the United States. He is responsible for the strategic direction of the National Division and manages a team of Account Executives and Recruiters.

"We are very fortunate to have Steve on our management team," said Eliassen. "He brings strong experience serving national clients and consultants beyond the immediate area of our offices. As clients have moved to new opportunities throughout the country in recent years, we have been asked to continue to provide them our quality service. With Steve and his team, we will be able to fulfill that need."

Prior to Eliassen Group, Cambria led national sales teams at Darwin Partners and Oxford International. He has over 9 years experience in the IT staffing industry. He earned his Bachelor of Science degree at the University of Rhode Island.

Cambria lives with his wife, Cindy, and his two children in Stoneham, Massachusetts.

About Eliassen Group, Inc.
Since 1989, privately-owned Eliassen Group, Inc. (www.eliassen.com) has provided the most innovative organizations with the best and brightest IT and software experts. Eliassen professionals work in web and software development, database design, network and desktop support, quality assurance and project management/ BSA's, legacy systems, and technical documentation. Through specialized divisions, including Contract Staffing, Direct-Hire, and Eliassen Select Services, the company meets the needs of emerging start-ups to Fortune 1000 firms throughout the United States.

Eliassen Group ranked Number 1 in the Boston Business Journal's 2001 "Area's Largest Recruitment Firms" List and Number 8 in The Center for Women's Leadership at Babson College & The Commonwealth Institute Survey 2002 Research: "Top 100 Woman-Led Businesses in Massachusetts." Eliassen is certified as a woman-owned business by WBENC: Women's Business Enterprise National Council and by Massachusetts and North Carolina. Headquartered in Wakefield, Massachusetts, Eliassen has offices in Cambridge, MA, Raleigh, NC, and Indianapolis, IN.

NEWS RELEASE
FOR IMMEDIATE RELEASE
May 20, 2002

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ELIASSEN GROUP NAMES NUNN VICE PRESIDENT OF SALES

Wakefield, MA - Tom Nunn has been named Vice President of Sales for Eliassen Group, Inc. (www.eliassen.com), a leader in the IT consulting and staffing industry, announced company founder and CEO Mona Eliassen today.

Nunn previously held the position of Vice President of Business Development. With his new responsibilities, Nunn oversees all of Eliassen's sales divisions, as well as continuing new business development, including strategic relationships with key clients and partners.

"Eliassen Group's relationship with Tom started years ago when he was an Eliassen client. Due to his previous career on the other side of our business, Tom empathizes with the business and technical issues our clients can face," said founder and CEO Mona Eliassen. "Partnering with our clients by bringing them the best IT specialists is important to my company. Having Tom lead my sales team makes that happen. He communicates to the team the best way to service the Eliassen client."

Prior to Eliassen, Nunn was in charge of InFront Solutions, an Eliassen affiliate specializing in web project consulting. Nunn has 22 years of financial services industry experience. As the former managing director of the BankBoston/Fleet's Global Markets Technology Group, Nunn oversaw the technology divisions supporting the bank's Treasury, Capital Markets and International businesses. Previously, he held senior positions in IT & Operations Management at State Street Bank & Trust Company and Bank of New England.

Nunn resides with his wife, Tina, and his three children in North Reading, Massachusetts.

NEWS RELEASE
FOR IMMEDIATE RELEASE
April 1, 2002

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ELIASSEN NAMES MURPHY DIRECTOR OF SALES

WAKEFIELD, MA - Mona Eliassen, founder and CEO of Eliassen Group, Inc., announced today the appointment of Peggy Murphy as Director of Sales.

In this role, Murphy oversees the account executives representing Eliassen's Information Technology consulting and staffing services at both the Wakefield and Cambridge offices. She is now responsible for strategic sales planning and working to further Eliassen's position as a leader in the IT industry.

This appointment is a promotion for Murphy after 7 very successful years as a senior account executive.

"Peggy has the ability to develop meaningful long-term relationships with our customers, an important value to me and my company," said Eliassen, "The staff at Eliassen will benefit from Peggy's experience 'in the trenches' and I am proud to promote someone within my organization who has been a leader in its growth."

Murphy began her IT consulting career at Eliassen Group in 1995. She launched her staffing career at Office Specialists and has been in staffing for over 8 years. She received her BA in Sociology from St. Anselm College.

She resides with her husband Shawn and her two children in Melrose, Massachusetts.

NEWS RELEASE
FOR IMMEDIATE RELEASE
March 8, 2002

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ELIASSEN ACQUIRES CERTAIN ASSETS OF ORION

WAKEFIELD, MA - Eliassen Group, Inc., a privately held software and information technology consulting and staffing company, announced it acquired certain assets of Orion Resources, the National Division of Orion Companies, LLC.

This acquisition adds over 14,000 talented IT professionals to Eliassen's pool of 20,000 Eliassen staff have spoken to in 2001. Consultants joining Eliassen from Orion work for clients in Groton, CT, Pittsburgh, PA, Reston, VA, Hartford, CT, New York, NY, and San Jose, CA. Eliassen will enjoy new client partnerships throughout the United States.

"Orion focused on national business in all facets of the IT arena," said Mona Eliassen, Eliassen Group's Founder and CEO. "They targeted the pharmaceutical industry, as well as technology-driven companies. Eliassen Group looks forward to further developing those relationships. We commit our entrepreneurial spirit to each of our clients, new and existing, to individually tailor each service delivery."

The acquired company's assets offer additional support to Eliassen specialties in all facets of the IT arena, including application development, ERP/CRM, e-Business, and Infrastructure.

NEWS RELEASE
FOR IMMEDIATE RELEASE

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NEW ELIASSEN GROUP, INC. WEB SITE FEATURES EXPANDED CAPABILITIES

WAKEFIELD, MA - Eliassen Group, Inc., a software and information technology staffing company, today announced the launch of a new state-of-the-art Web site, www.eliassen.com, with enhanced features for both candidates and clients.

The site features innovations designed to streamline the placement process for both candidates and Eliassen clients hiring those candidates. It also aims to eliminate the impersonal nature of most internet job boards by maintaining many personal service features traditionally associated with Eliassen.

"We carefully planned and developed a site with the needs of our clients and candidates as our absolute top priorities," said Mona Eliassen, founder and CEO of the Eliassen Group. "The result of this focus is a site with the capabilities of larger job boards but without a depersonalized service model."

The site allows candidates to search updated job postings in Eliassen's database by position category, skill set and job type. Candidates can also submit resumes online and create a personal profile. Once candidates create their profile, they can revisit the site to view their updated job search matches. New positions which match the personalized criteria are also automatically emailed to the candidates. Clients can search for candidates by specific skill categories, view candidate profiles and save desirable profiles in a "shopping basket" for further action. After clients select potential candidates online, they continue to work with an Eliassen account executive to facilitate the interview and hiring process.

"We have seen our company double in size over the past two years to where we now have over 500 consultants out on assignment," said John Larson, Eliassen president. "This Web site will help us enhance the services we provide to our increased candidate and client base and allow us to continue to grow our business."

Eliassen will also launch a unique print, web and outdoor advertising campaign to promote the new site beginning later this month.

Founded in 1989, Eliassen Group is based in Wakefield, Massachusetts, with additional offices in the Research Triangle area of North Carolina. Eliassen Group provides information technology recruiting and consulting services to a broad spectrum of companies from entrepreneurial start-ups to Fortune 500 firms.

Eliassen Group, Inc. provides the most innovative organizations with the best and brightest IT and software experts. Eliassen professionals work in web and software development, database design, wireless systems, network and PC support, quality assurance and project management. Through specialized divisions, including Contract Staffing, Direct-Hire, and Eliassen Select Services, the company meets the needs of emerging start-ups to Fortune 500 firms. Eliassen is headquartered in Wakefield, Massachusetts with a regional office serving Raleigh, North Carolina. Visit www.eliassen.com for more information.