Key Franchisee Acquires Parent Company of Sanford Rose Associates

AKRON, Ohio, May 3, 2005

Richard J. "Rich" Carter has acquired Akron-based SRA International, Inc., parent company of the worldwide Sanford Rose Associates executive search network. Rich Carter owns its San Francisco franchise.

The 46-year-old organization was sold by George Snider, who acquired it in 1992 from founder Sanford M. Rose. Carter succeeds Snider as President and CEO, while Snider becomes Chairman.

The SRA network consists of over 60 offices in the Americas, Asia and Europe that recruit executives, managers and professionals for client companies around the world. Rose pioneered the use of computer databases for recruiting and was elected last October to the National Association of Personnel Services Hall of Fame. In 2002, online publication Recruiter Magazine named Snider one of the "100 Most Influential People in Recruiting."

Rich Carter opened Sanford Rose Associates - San Francisco in 1999 to serve clients in the medical devices and diagnostics, biotechnology and pharmaceutical segments of the life sciences industry. Since then, it has three times captured the title of SRA "Office of the Year" as well as being recognized as one of the top producers. Carter earned his doctorate in chemistry from the Georgia Institute of Technology (Georgia Tech) and held increasingly important positions with the Centers for Disease Control and Prevention, DuPont Medical Products, Baxter Healthcare and Boehringer Mannheim before joining SRA.

"Rich is the ideal person to take the Sanford Rose organization to new heights," said outgoing president Snider. "He is one of us, thoroughly understands the search process and has demonstrated his ability to run a highly successful business."

"This is a once-in-a-lifetime opportunity," Carter added. "I have the highest respect for every member of the SRA Family and believe that we can continue to build the reputation of Sanford Rose Associates for finding those people who make a genuine difference in organizational performance."

There are no plans currently to relocate either the Akron headquarters or the San Francisco office.

Terms of the stock purchase agreement, including the purchase price, were not disclosed.


RICHARD J. CARTER OF SANFORD ROSE ASSOCIATES - SAN FRANCISCO NAMED OWNER OF THE YEAR

AKRON, Ohio, May 27, 2005

Richard J. Carter, President and Owner of Sanford Rose Associates - San Francisco, was named "Owner of the Year" for the fourth consecutive year. In addition, Dr. Carter was recognized as "Distinguished Achiever" for his personal revenue billings in 2004.

The San Francisco office was also honored as a "Five Star Office", being a top performing office ten months in 2004. Dr. Carter's office has received this award every full year of operation. These awards were presented at SRAI's Annual Conference in Palm Springs, California in April.

Sanford Rose Associates - San Francisco specializes in the direct recruitment of executives and professionals for the Medical Diagnostics/Devices, Biotechnology and Pharmaceutical segments of the Life Sciences industries.

Dr. Carter recently acquired the Sanford Rose Associates franchising system. Founded in 1959, Sanford Rose Associates currently serves its worldwide roster of client companies from more than 60 independently owned worldwide offices. Each office conducts a nationwide or broader business in a particular industrial, institutional or occupational specialty, helping clients improve their organizational strength. The San Francisco office is located in Walnut Creek, California.


Sanford Rose Associates - San Francisco Receives Top Awards at Company's Annual Conference

AKRON, Ohio, April 30, 2004

For the third consecutive year, Sanford Rose Associates - San Francisco has been awarded Office of the Year by Sanford Rose Associates International ("SRAI"), and Richard "Rich" Carter has been named Owner of the Year. Steve Merwin, an Executive Search Consultant for the office, was named SRAI's Employee of the Year for his achievements in 2003.These awards were presented at SRAI's Annual Conference in New Orleans, LA in April.

Currently celebrating its 5th year in business, Sanford Rose Associates - San Francisco specializes in the direct recruitment of executives and professionals for the Medical Diagnostics/ Devices, Biotechnology and Pharmaceutical segments of the Life Sciences industries. It has been named a "Five Star Office" every full year of operation, meaning that it was a top performing office at least five months of the year.

Prior to opening Sanford Rose Associates - San Francisco, Dr. Carter had extensive experience as a hiring manager in such companies as DuPont, Chiron, Baxter, and Roche/Boehringer Mannheim. Steve Merwin joined the firm in 1999, and has since been involved in the placement of over 50 professionals across most functional areas.

Founded in 1959, Sanford Rose Associates currently serves its worldwide roster of client companies from 60 independently owned worldwide offices. Each office conducts a nationwide or broader business in a particular industrial, institutional or occupational specialty, helping clients improve their organizational strength.


Sanford Rose Associates - San Francisco / East Bay and Richard ("Rich") Carter Named Office and Owner of the Year

AKRON, Ohio, April 25, 2002

Richard ("Rich") Carter, President and Owner of Sanford Rose Associates - San Francisco East Bay, was named Owner of the Year at the firm's Annual Conference in San Antonio, TX. This achievement resulted from Mr. Carter's performance in the direct recruitment of executives and professionals for the medical devices, diagnostics, biotechnology and pharmaceutical segments of the life sciences industries.

In addition to Owner of the Year, Rich Carter's office was named Office of the Year for 2001. Despite the economic downturn in 2001, his office's revenues were up almost 60% over the prior year's.

Prior to opening the office in 1999, Mr. Carter had 20 years of marketing, sales and senior management experience. His industry background includes biotechnology, pharmaceuticals, diagnostics and medical devices. Mr. Carter holds a Doctorate in Chemistry from Georgia Institute of Technology.

Founded in 1959, Sanford Rose Associates currently serves its worldwide roster of client companies from 60 independently owned worldwide offices. Each office conducts a nationwide or broader business in a particular industrial, institutional or occupational specialty, helping clients improve their organizational strength. The San Francisco/East Bay office is in Walnut Creek, California.