The Caldwell Partners Opens First Offices in the United States



    
    -  Adds partners in Los Angeles, San Francisco, New York City, and
       Chicago, and opens offices in San Francisco and Los Angeles
    

    TORONTO, Feb. 18 /CNW/ - The Caldwell Partners International Inc. (TSX:
CWL.A), Canada's first truly national human capital services firm, today
announced the expansion of its operations into the United States with the
addition of partners in Los Angeles, San Francisco, New York City, and
Chicago, and the opening of offices in San Francisco and Los Angeles.
    "This is an important step forward that significantly increases the
breadth of our operations and the size of our company," said John N. Wallace,
President and Chief Executive Officer "This initiative is consistent with The
Caldwell Partners' strategic plan to create value for our shareholders by
growing our revenues and profitability over time through the addition of
partners and other professionals who have demonstrated that they can
contribute to the success of our business."
    The new partners bring between 15 and 35 years of experience in the
executive search industry in the United States and internationally, and each
has held senior management positions with their previous employers. They have
focused on domestic and global searches for Board of Director positions,
C-level executives (including chief executives, chief financial, and chief
information officers), and individuals reporting to them. They have conducted
searches for organizations in myriad sectors and practices, particularly
including healthcare, life sciences, bio-tech, technology, aerospace and
defence, venture capital and start-ups, and all areas of the insurance
industry.
    "The Caldwell Partners has been a preeminent executive search firm in
Canada for nearly four decades. We continue to believe that we will be able to
grow our business across Canada, building on the profile, reputation, and
relationships that we have established," Mr. Wallace said.
    "At the same time, we believe that there are even greater growth
opportunities open to us in the United States. We plan to pursue these
opportunities by establishing our top-level, highest-quality practice
standards through the recruitment of proven professionals such as the new
partners, each of whom has chosen to leave leading executive search firms to
join us.
    "In addition to establishing ourselves in the United States, we expect
that the addition of these partners will complement our operations in Canada
and will increase the search capabilities that we can offer to our Canadian
and international clients. We believe that the best way to create long-term
sustainable value for our shareholders is to grow our revenues and
profitability by providing an increasing scope and quality of service to a
growing list of satisfied clients across North America and internationally,"
Mr. Wallace said.

    About The Caldwell Partners

    The Caldwell Partners International Inc., founded in 1970, was Canada's
first executive search firm. Today the human capital services company serves
clients across Canada, in the United States, and internationally with offices
in Montreal, Toronto, Calgary, Vancouver, San Francisco, and Los Angeles. The
Caldwell Partners focuses, in particular, on recruiting "C-class" executives
(chief executive, chief financial, chief information officers, as well as
other senior executives). The Caldwell Partners takes pride in delivering
unmatched depth of service and expertise to its clients, the calibre and
experience of its staff, and the successful completion of its engagements. The
Caldwell Partners founded and continues to promote the prestigious national
awards programs recognizing Canada's Outstanding CEO of the Year(TM) and
Canada's Top 40 Under 40(TM), and advises and supports the Canada's CFO of the
Year Award(TM) program. In 2007, the Canada's Outstanding CEO of the Year(TM)
and Canada's Top 40 Under 40(TM) programs marked their respective 19th and
14th anniversaries.
    The Caldwell Partners' Class-A non-voting shares are listed on The
Toronto Stock Exchange (TSX: CWL.A). Please visit our website at
www.caldwell.ca for further information. Forward-Looking Statements

    Forward-looking statements in this document are based on current
expectations that are subject to significant risks and uncertainties. Actual
results might differ materially due to various factors such as the competitive
nature of the executive search industry, the ability of the company to execute
its growth strategies, the performance of the Canadian domestic and
international economies, and the company's ability to retain key personnel.
The Caldwell Partners assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ from
those reflected in the forward-looking statements.

    %SEDAR: 00003230E




For further information:

For further information: Richard W. Wertheim, Wertheim + Company Inc.,
wertheim@wertheim.ca, (416) 594-1600, (416) 518-8479 (cell)


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