PRP Announces Record Contracted Revenue for October, November and 2011 Forecast

COSTA MESA, Calif., Dec. 9, 2010 /PRNewswire/ -- PRP today announced record setting months in October and November for net new revenue, placing the company in position for a strong Q4 and 2011.  A total of 13 contracts were received from a variety of industries, including legal, where PRP continues to demonstrate a dominant position in the marketplace.

"Our performance in October and November was the result of several large client opportunities from a diverse mix of industries including legal, private equity and commercial real estate," said Bill Carpou, PRP Executive Vice President.  "Clients have realized the value of PRP solutions to their individual profitability and growth.  Many companies are utilizing the savings PRP creates to invest in growth initiatives and to position their individual companies/firms to capture market share as the economy recovers."

"Given our recent performance and the outlook for Q4 and beyond, we anticipate significant revenue growth in 2011 resulting in an increase of new employees by as much as 22%," added Don Steiner, PRP President.  "PRP is on a growth trajectory and I am pleased we are a firm that can offer increased employment opportunities for the workforce in Southern California and further career opportunities for our existing employees."

Recently PRP organized the operation around 8 practice groups, each with an industry leader to increase the results clients achieve and to create greater expertise for additional areas of savings.  In addition, several large clients have renewed their services with PRP demonstrating the enhanced value of PRP's Solutions Management group.

Profit Recovery Partners (PRP) is a national consulting organization headquartered in Costa Mesa, California specializing in the development, implementation and support of administrative expense reduction solutions for Fortune 1000 companies. Since its inception, PRP has served its clients by applying proprietary procurement management methodologies, and by leveraging unique vendor knowledge and purchasing power. For more information, please visit www.prpllc.com or contact us at (877) 484-7776.

SOURCE Profit Recovery Partners, LLC

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