MorrisAnderson Continues Rapid Expansion Plans With New Charlotte Office, Appoints Robert M. Aquilino Managing Director

CHICAGO, IL, Nov 12 (MARKET WIRE) --
MorrisAnderson has chosen Bob Aquilino to head its new Charlotte, N.C.,
office. Aquilino brings more than 20 years' experience as a senior
international executive specializing in the consumer products industry to
the MorrisAnderson team.

"With Bob on board, MorrisAnderson continues to build its consumer
products industry expertise," says Dan Dooley, principal and chief
operating officer at MorrisAnderson. "His background and experience are
impressive, to say the very least, and he has exactly what it takes to
shepherd our expansion into North Carolina."

Before joining MorrisAnderson, Aquilino played a leadership role in the
general management, marketing and sales of several international consumer
brands, including Pepsi, Frito-Lay, Kidde and Invisible Fence, Inc. He has
re-established momentum in several mature, complex businesses and led
turnarounds in a variety of industries. He is skilled at accelerating
performance, team-building and improving shareholder value for small- to
mid-cap companies in consumer and technology products, and business
services.

"I am very pleased to be a part of such a prestigious organization," says
Aquilino. "The combined depth of experience of MorrisAnderson's
consultants in all areas of distressed and turnaround consulting is
exceptional. I look forward to contributing my expertise and building on
our success in leading the Charlotte office."

In previous positions as a division president at United Technologies,
Inc., Chubb PLC and Innottek, Inc., Aquilino was responsible for
turnarounds involving three major global acquisitions. During these large
and challenging consolidations, he succeeded in accelerating revenue
growth, profitably consolidating operations, improving purchasing
productivity and repositioning underperforming divisions. Most recently,
he was president of SpinVox Inc., an advanced startup in the
voicemail-to-text conversion space, and led the reshaping of the North
American sales and marketing organization.

Aquilino has a bachelor's degree in business management from Pennsylvania
State University. He is a member of the Young Presidents' Organization and
serves as a guest speaker and mentor in the Leadership Development program
at University of North Carolina's Kenan-Flagler School of Business.

About MorrisAnderson:

Now celebrating its 29th anniversary, Chicago-based MorrisAnderson has
offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland, St. Louis
and, most recently, Charlotte, N.C. The firm's service offerings include
performance improvement, financial advisory, interim management,
turnarounds, workouts, litigation support, valuation, information
technology services, and insolvency services and wind-downs.
MorrisAnderson emphasizes hands-on involvement for companies with $20
million to $250 million in annual sales.

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For More Information contact:

Marjorie Dunn
Manager, Marketing & Communications
MorrisAnderson
312-254-0892
Email Contact

Robert Aquilino
Managing Director
MorrisAnderson
Charlotte, N.C. office
704-331-3922
Email Contact

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