SOURCE: Two Degrees, LLC

February 20, 2008 09:00 ET

Two Degrees Aims to Double Revenues in 2008 With Launch of Principal Associates Practice

Company Engages Top Financial and Accounting Industry Veterans for Critical Projects and Interim Roles

SEATTLE, WA--(Marketwire - February 20, 2008) - Two Degrees, a national accounting and finance professional services firm, today announced the official public launch of its Principal Associates (PA) Practice, designed to strengthen the firm's service model and make it easier for clients to access qualified professionals for project-based work. Having expanded into six markets across the U.S., the company is now focused on expanding its professional services to fill clients' project assignments with only the most experienced and specialized associates available.

With offices in Atlanta, Chicago, Denver, Phoenix, Portland and Seattle, the Two Degrees PA Practice addresses common finance and accounting challenges including interim financial management, SEC reporting, planning and analysis, international accounting, process improvement, compliance and others. Two Degrees employs only highly seasoned veterans in the finance world, ensuring every associate brings years of experience to the table. The launch of the PA Practice coupled with Two Degrees' entrepreneurial culture attracts experienced professionals and enables leadership during growth, transition and peak workloads in financial departments at medium and large enterprises.

"Two Degrees is invaluable in helping our department consistently meet deadlines," said Robert Weede, assistant corporate controller at Microsoft. "With the increase in recent acquisition activity at Microsoft, we have relied on a team of Principal Associates from Two Degrees to assist in high priority integration efforts and meet urgent deadlines. They quickly stepped up to the plate, bringing reliability and experience to our department, enabling us to quickly and accurately get the work done."

Two Degrees is leading the market for finance and accounting services, aiming to triple the number of Principal Associates nationwide and achieve 2X revenue growth in 2008. With strong traction in each of the six markets, Two Degrees has secured business with at least 8 out of the 10 largest companies in each city where the firm operates. Clients include Microsoft, Starbucks, American Express, AT&T Mobility, CIBA Vision, Holland America, Hollywood Entertainment, Home Depot, Time Warner Telecom, T-Mobile and Wrigley.

Further, the firm's entrepreneurial culture attracts the top talent in the industry. Unlike other aged companies in the space, Two Degrees gives its associates the opportunity to pursue passions outside of work, enables them to find project work close to home, and rewards outstanding performance. Two Degrees brings a deep level of experience to the table, with a strong mix of Big 4 firm and industry backgrounds. The company's executive leaders have backgrounds at PricewaterhouseCoopers and Deloitte & Touche, and today many of the directors and project managers come from one of the Big 4 firms.

"Over the last 14 years, Two Degrees has established a deep level of trust with clients, and earned a great reputation in the accounting and finance industry," said Brad Jackson, CEO of Two Degrees. "Through the PA Practice, Two Degrees has an edge against our competition, and a sure-fire model for driving client successes. Our strong relationships with both our associates and our clients in each of our regional markets will position the company for rapid growth and expansion in 2008."

About Two Degrees

Two Degrees (www.twodegrees.com) is one of the fastest growing professional services firms in the U.S., providing veteran professionals and recruiters to address specific finance and accounting needs for large and mid-sized enterprises. Leveraging strong personal relationships in the business community, Two Degrees helps clients tackle complex accounting and finance projects and fill interim roles within their organizations. Founded in 1993, Two Degrees works with clients including Microsoft, AT&T, Expedia, Home Depot, Intel, Kimberly-Clark, Morgan Stanley and other Fortune 500 companies across the U.S. Headquartered in Seattle, Two Degrees has offices in Atlanta, Chicago, Denver, Phoenix and Portland.

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