Prestige Executive Search Corp. Changes Name to Prestige Scientific Inc. and Announces Relocation of HQ

New Name Leverages Strength in Life Sciences

Milford, MA – January 1, 2007 Prestige Executive Search Corp.(PESC), announced today that it has changed its company name to Prestige Scientific, Inc. and in addition to moving their headquarters. The goal of the name change is to leverage their strength in the Life Sciences staffing sector and to spin out PESC as a retained division. The move allows Prestige Scientific spacious, newly built office space in preparation for expansion in 2007.

“We have chosen to change our name to Prestige Scientific to better reflect the full spectrum of services that we provide our clients,” said Co-Founder and Principal of Prestige Scientific Stephen Provost, CPC. “Not only do we provide search at the Executive level, but 70% of our search has been conducted at the line management and individual contributor levels. The change also allows us to focus on our core function of providing targeted searches in the Life Sciences, specifically in the Pharmaceutical, Biotechnology, and Medical Device industries.”

Prestige Scientific has adopted its new name in a statement of its services to offer a complete staffing solution and delivering on its promise to offer a three pronged approach. First, Prestige Scientific will continue to offer and its widely popular contingency search service. Second, Prestige Scientific will begin to expand its offerings with Temporary assistance that complements their contingency search services. Third, a much anticipated division dedicated to retained search. The Prestige Executive Search Corporation name is now a separate division focused exclusively on retained search in the Life Sciences.

“In conjunction with our aggressive contingency and contracting growth strategies, we have developed a strong corporate identity that will accurately represent our company and its services to our clients and prospective applicants,” stated Provost. “While our company name is changing, all core elements of the organization will remain the same. Prestige Scientific will continue to provide our customers and partners with the same level of superior service”, continued Provost.

Along with the name change, the company adopted a new corporate identity, including a new logo and visual identity, and a new website that can be found at www.PrestigeScientific.com. The changes are effective immediately, and all future business activity will be undertaken with the new name.

About Prestige Scientific
Prestige Scientific is a leading provider of work force solutions for the pharmaceutical, biotechnology and medical device industries. Our Recruiters are trained in these fields and specialize in understanding employment needs in the following areas:
* Discovery - Medicinal/Organic Chemistry
* Pre-Clinical - Toxicology, Pathology, Pharmacology
* Quality - QA, QC, Regulatory Affairs,
* Clinical Research - Data Management, Medical Writing, Biostatistics, Project Management
* Operations -Product/Process Development, Manufacturing, Validation
* Post Market - Drug Surveillance, Business Development, Marketing
Our goal is to provide added value to the recruiting process by working as a true business partner with our client companies and candidates. We have successfully developed lasting relationships with our business partners who value our high level of personal interaction, professionalism and our desire to consistently yield outstanding results. Prestige provides a partnership that works!

Company Contact:
Prestige Scientific, Inc.
Joseph Freddolino
Co-Founder/Principal
(508) 422-9322 Ext. 11
jfreddolino@prestigescientic.com




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