HR XCEL Closes Third Quarter of 2006 With 60% Year Over Year Sales Growth

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National provider of HR Outsourcing services reports record-breaking growth entering Q4.

HR XCEL’s success this year is due to several factors

HR XCEL, LLC, an experienced provider of Human Resource Outsourcing, Benefits Administration Outsourcing and Payroll Solutions, reported today that the company is experiencing a record-breaking sales year. Through the third quarter of 2006, ending September 30, new sales have grown 60 percent compared to year-end sales for 2005.

HR XCEL’s new business comes from leading firms in a variety of industries, including pharmaceuticals and biosciences, manufacturing, eye care, plumbing, textiles and retail.

Since its inception, HR XCEL has shown a steady increase in new business wins, averaging 30% revenue growth each year.

“HR XCEL’s success this year is due to several factors,” said Jeff Mortland, vice president, sales and marketing, HR XCEL. “We chose to open additional sales offices in Florida, D.C. and New York. We also made a substantial investment in emarketing, since we know executives use online research to gain knowledge on the HRO industry and outsourcing best practices before making a vendor selection. As a result, our sales pipeline is growing faster than anticipated and our growth shows no signs of diminishing in 2007.”

"More and more executives see the value and return on investment of HRO as evidenced by our success in 2006," said Barbara Sheridan, president and co-founder. “HR XCEL’s stellar service reputation is growing, along with our name awareness. We are no longer the new kid on the block. We are competing against the big boys – and winning.”

About HR XCEL, LLC.

HR XCEL provides comprehensive Human Resource Outsourcing, Benefits Administration Outsourcing and Payroll Solutions for a wide range of clients and their employees in all 50 states, Canada, Mexico and Puerto Rico. HR XCEL positions clients to focus on their core business lines and activities that generate revenue and profit. Founded by veteran HR professionals, the company is uniquely able to offer clients a high-level of service and HR expertise. For more information, visit http://www.hrxcel.com.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Carissa S. Roman
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