Xcitek Promotes Charles Price and Craig Schachter to Senior Vice President

New York, NY, March 31, 2003 – Xcitek, the industry leader in corporate actions data, processing solutions and temporary staffing, announced today the appointments of long-time employees, Charles W. Price and Craig M. Schachter, to Senior Vice President.

Charles Price, who has been with Xcitek for 16 years, most recently held the position of Director of Client Services & Sales Support. "Charlie has been integral to the management of Xcitek’s client base," said Brendan P. Farrell, Managing Partner of Xcitek. "In the past 16 years, he has helped the company grow from 5 to more than 50 employees." In his new position as Senior Vice President, Mr. Price will be responsible for Worldwide Sales & Client Services.

Craig Schachter has been with Xcitek for more than 8 years and most recently held the position of Director of North American Sales. In his new position as Senior Vice President, Mr. Schachter will be responsible for Strategic Relationships. "Craig’s growth has paralleled that of Xcitek’s," said Mr. Farrell, "his sales skills and abilities have been instrumental to the success of this company."

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