Exalt Resources Selected as a Goldman Sachs 10,000 Small Businesses Participant

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The Greater Metropolitan Los Angeles/Long Beach Areas to Host Second Phase of Small Business Initiative

"I am confident that our participation in the program will yield tremendous results for our firm and for our clients,”

Exalt Resources has been selected as one of several leading businesses that will participate in Goldman Sachs’ efforts to revitalize the nation’s sluggish economy. This program initiative acts as the key that will unlock growth and job creation potential of small businesses within the United States. The Greater Metropolitan Los Angeles/Long Beach areas represent the second phase of this five-year program. Participants will experience a strategic curriculum designed to help grow their businesses and create jobs. They will have direct access to capital, a dynamic combination of coursework, business advice, and other invaluable services. Warren Buffett, CEO of Berkshire Hathaway, is just one of many prestigious supporters of the $500 million investment in the nation’s job market.

Exalt Resources is among 52 leading small businesses that will participate in the program. The Company is a cutting edge human resources (HR) outsourcing firm that provides HR solutions for small businesses and not-for-profits.

“This program provides Exalt with a unique opportunity to participate in a groundbreaking initiative. I am confident that our participation in the program will yield tremendous results for our firm and for our clients,” states Dana Smith, President/CEO of Exalt Resources.

During the welcome orientation held for program scholars, Exalt Resources, along with other small businesses, rubbed elbows with some of the nation’s most influential individuals who have graciously joined forces with Goldman Sachs to accomplish this effort. Among the list of attendees were: Austin Beutner, Deputy Mayor and Chief Executive for Economic and Business Policy for the City of Los Angeles; Mayor Bob Foster of Long Beach, CA; Dina Powell, Goldman Sachs’ Managing Director and global head of Corporate Engagement; and Javier Palomarez, President & CEO of the United States Hispanic Chamber of Commerce.

About Exalt Resources LLC
Exalt Resources provides complete administration of human resource services for small business clients and not-for-profits. Clients are empowered to focus on managing and growing their operations, while Exalt Resources manages the day-to-day human resource activities including, payroll, benefit administration, recruiting, safety/workers comp, employee relations, compliance, and training. http://www.exaltresources.com.

The Goldman Sachs Group, Inc. is a global financial services firm. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world. http://www2.goldmansachs.com/citizenship/10000-small-businesses/index.html.

Press release by: The Frelix Group, 6080 Center Drive, Sixth Floor, Los Angeles, CA 90045, Phone 310 242-6869

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Dana Smith
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