Press Release

"CROSS BORDERS" FROM CEO Worldwide : A MADE-TO-MEASURE EUROPEAN DEVELOPMENT SOLUTION FOR HIGH-TECH AND BIO-TECH COMPANIES

In less than 3 weeks, CEO Worldwide will provide the appropriate locally-based management resource to high growth companies looking to expand their European presence into new countries. CEO Worldwide's 650 qualified managers are all proven entrepreneurs with an operational track record in one or more High-tech or Bio-tech disciplines. They are available to work in their local markets ­ whether they are in Europe, USA or Asia.

European development, a vital stage for high growth companies. European development is essential to High-tech and Bio-tech companies, as it not only provides them with essential growth options but also enables faster payback of technological investments. Furthermore in such a competitive European marketplace it is crucial that companies do not allow their overseas competitors to establish positions of dominance in any national market. CEO Worldwide now offers its clients a tailor-made solution that allows them to safely develop their overseas growth strategy whilst avoiding the classic problems (increased management time, increased overheads, loss of focus) that so often hamper international growth.

« Cross Borders », a fast, flexible and cost-effective solution...

CEO Worldwide works closely with its clients to select, from its database of over 650 top executives, the profile best suited to the client company's international growth plans. From the very moment he/she starts to work with the company, the manager will be expected to provide a clear view of the potential market for the products/services, to identify growth opportunities and to initiate the most appropriate commercial contacts ­ all with a view to maximizing revenues in the local market.

The CEO Worldwide proposition

• Manager's availability ­ within 3 weeks maximum
• Interim management contract period - 6 months, renewable
• Cost of the project ­ from 10k per month
• No extra charges
• No local infrastructure costs
• Strict follow-up of contracts and management performance
• Contract flexibility: termination or renewal (subject to 7 days notice)
• Production of quarterly reports
• Recruitment of the Interim Manager is possible after expiry of the interim period

... Which has already attracted numerous clients

Philippe Oros, founder and PDG of Quescom [1] comments:
"We were looking for a solution that would allow us to trial and then enter the UK market...we chose the CEO Worldwide solution and then selected David N ­ a VP Business Development based in London. We were able quickly to identify and then resolve all the issues relating to technical compatibility with UK standards and then quickly signed 2 distribution deals raising significantly our business profile in this new market.
Not only does CEO Worldwide offer the most cost-effective way to research and then enter a European market ­ but its solution is also flexible and easy to put into place."

[1] Quescom is a French start-up which raised almost 12 million in 2002

CEOWorldwide : www.ceo-worldwide.com
Interim Management & Executive Resourcing services in Europe, US & Asia, dedicated to High Tech and Bio Tech companies with requirements for proven, locally based entrepreneur-managers

More than 650 qualified managers based in Europe

In every market, CEO Worldwide chooses experts with a proven track record in business development. With at least 10 years of business experience, they understand and master the local commercial, cultural, legal and fiscal issues ­ not least because they have personally set-up and managed one or more High-tech or Bio-tech companies. This proposition not only allows companies to avoid expatriation costs but also plugs them into a local business culture and network.

A Classic CEO Worldwide mission ­ to provide High-tech and Bio-tech companies in Europe, Asia and USA with the best and most appropriate development talent.

CEO Worldwide (www.ceo-worldwide.com)
CEO Worldwide offers an innovative executive recruitment service to the Technology and Bio-Tech sectors. The Managers qualified by CEO Worldwide are all talented High-Tech or Bio-Tech entrepreneurs in Europe, Asia or in the US. CEO Worldwide provides in less than 3 weeks on an interim basis, the necessary general management resources (CEO, COO, CFO, VP Business Development, ...) to successfully drive or co-drive the business beside the CEO. An extranet access allows companies to find the profile they need.