MMC Selected to Participate in Supplier Diversity Program (December 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P.,  has been selected to participate in a global consulting company’s supplier diversity program.  The program is a formal mentoring program, where diversity suppliers are partnered with company executives through a rigorous selection process.  MMC has served as a preferred supplier to this company for more than eight (8) years.

MMC Selected as Preferred Supplier for Global Management Consulting Firm (November 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., will provide technical, professional, and non-technical staffing to a global management consulting, technology services, and outsourcing company said to be the largest consulting firm in the World. Positions include administration, finance and accounting, help desk, programmers, and enterprise resource planning professionals.

MMC has held this contract for more than eight (8) years and currently has more than 150 employees under this agreement. Throughout the agreement, MMC has provided more than 750 employees. MMC looks forward to providing excellent services and support and continuously expanding this successful partnering relationship.

MMC Selected to Manage Independent Contractor Compliance Program for ACS (November 2008)
Mir Mitchell & Company, L.L.P. , an affiliate company of MMC Group L.P., has been selected to provide administration and management services for ACS’ Independent Contractor Compliance program. MMC will review existing and new Independent Contractors to ensure program compliance.

The program will be managed through MMC’s web-based Employee Management System and will provide requisition, approval, on-boarding, invoicing, payment, and reporting services to ACS. MMC will increase efficiencies and save time and money by providing program consolidation and support to ACS Program Managers and Independent Contractors.

FDIC Awards Task Order for Closing & Management Services of Downey Savings and Loan, Newport Beach, CA (November 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to the management and resolution of unresolved claims, debts, and other assets due to the closing of Downey Savings and Loan, Newport Beach, CA.

On November 21, 2008, U.S. Bank, National Association, Minneapolis, MN, acquired the banking operations, including all the deposits, of Downey Savings and Loan Association, F.A., Newport Beach, CA in a transaction facilitated by the Federal Deposit Insurance Corporation.

As of September 30, 2008, Downey Savings has total assets of $12.8 billion and total deposits of $9.7 billion. Besides assuming all of the deposits, U.S. Bank will purchase virtually all the assets. The FDIC will retain any remaining assets for later disposition.

FDIC Awards Task Order for Closing & Management Services and Staffing Services for Franklin Bank, S.S.B., Houston, Texas (November 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to the management and resolution of unresolved claims, debts, and other assets due to the closing of Franklin Bank.

On November 7, 2008, Franklin Bank, SSB, Houston, TX was closed by the Texas Department of Savings and Mortgage Lending and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Prosperity Bank, El Campo, Texas, to assume all of the deposits, including those that exceeded the insurance limit, of Franklin Bank.

As of September 30, 2008, Franklin Bank had total assets of $5.1 billion and total deposits of $3.7 billion. Prosperity Bank agreed to assume all the deposits, including the brokered deposits, for a premium of 1.7 percent. In addition to assuming all of the failed bank's deposits, Prosperity Bank will purchase approximately $850 million of assets. MMC will assist the FDIC in the accounting and disposition of remaining assets.

C.D. Mitchell & Company, an affiliate of MMC Group, L.P., has been awarded a Task Order by the FDIC to provide staff management and transaction services related to the closure, acquisition, and management of unresolved assets for Franklin Bank.

MMC Awarded Staffing Services Task Order for Alpha Bank and Trust (October 2008)
C.D. Mitchell & Company,  an affiliate company of MMC Group L.P., has been awarded a Task Order by the FDIC to provide staff management and transition services related to the closure, acquisition, and management of unresolved assets for Alpha Bank and Trust of Alpharetta, GA.

On October 24, 2008, Alpha Bank and Trust was closed by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect depositors, the FDIC entered into purchase and assumption agreements with Stearns Bank, National Association, St. Cloud, MN.

As of September 30, 2008, Alpha Bank and Trust had total assets of $354.1 million and total deposits of $346.2 million.

MMC Staffs Child Support & Unemployment Insurance Call Centers in the Aftermath of Hurricane Gustav
Due to damage from Hurricane Gustav, the Louisiana Child Support Call Center was unable to remain open. As an ACS subcontractor, MMC provided call center agents to temporarily staff the Louisiana Child Support Call Center and the Unemployment Insurance Claims Applications line for the State of Louisiana.

MMC Awarded Task Order for Washington Mutual Bank (September 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to the management and resolution of unresolved claims, debts, and other assets due to the acquisition of Washington Mutual Bank.

On September 25, 2008, the banking operations of Washington Mutual Bank were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC).

JPMorgan Chase Bank acquired the assets, assumed the qualified financial contracts and made a payment of $1.9 billion. Claims by equity, subordinated and senior debt holders were not acquired.

Washington Mutual Bank had combined assets of $307 billion and total deposits of $188 billion.

MMC Awarded Staffing Services Task Order for Ameribank (September 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., has been awarded a Task Order by the FDIC to provide staff management and transition services related to the closure, acquisition, and management of unresolved assets for Ameribank.

On September 19, 2008, Ameribank, Inc. was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation (FDIC) was named receiver. The FDIC entered into purchase and assumption agreements with Pioneer Community Bank, Inc., Iaeger, West Virginia, and The Citizens Savings Bank, Martins Ferry, Ohio to take over all of the deposits and certain assets of Ameribank, Inc., Northfork, West Virginia.

Ameribank has five branches located in West Virginia and three branches located in Ohio. Pioneer Community Bank, Inc., Iaeger, West Virginia will assume all deposits for the five branches located in West Virginia. The Citizens Savings Bank, Martins Ferry, Ohio will assume all deposits for the three branches located in Ohio.

As of June 30, 2008, Ameribank, Inc. had total assets of $115 million and total deposits of $102 million.

MMC Staffs New Orleans 311 Call Center in Wake of Hurricane Gustav
From August 28, 2008 – September 7, 2008, MMC provided Call Center Specialists, as an ACS subcontractor, to the New Orleans 311 line, the emergency relief line set up for New Orleans residents preparing to evacuate due to Hurricane Gustav. The call center provided 24-hour support to the citizens of New Orleans regarding comprehensive disaster evacuation plans.

FDIC Awards Task Order for Closing & Management Services for Integrity Bank (August 2008)
Mir Mitchell & Company, L.L.P., an affiliate company of MMC Group L.P., has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to the closing, field management, and resolution of Integrity Bank in Alpharetta, GA.

On August 29, 2008, Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was closed by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. Regions Financial Corporation, Alabama’s biggest bank, will assume all deposits from Integrity Bank.

Regions will buy about $34.4 million in assets and will pay the FDIC a premium of 1.01 percent to assume the failed bank’s deposits. The FDIC estimates the cost of the Integrity failure to its deposit-insurance fund will be $250 million to $300 million. Mir Mitchell & Company, L.L.P. personnel will provide oversight services to the FDIC.

MMC Provides Technical Services to Pioneer Natural Resources
MMC provides Pioneer Natural Resources information technology support to various business groups which concentrate on strengthening current business processes and conducting quality analysis reviews. MMC provides background and drug screening, payroll management services, and support.

Pioneer Natural Resources is a large independent exploration and production company which produces oil and gas resources to help meet the world’s energy demands.

MMC Provides Disaster Relief Assistance and Clean-up Services through ResCare
Mitchell Services Company, an MMC affiliate, provides disaster relief assistance and clean-up services for various Texas-based Job Corps centers through ResCare, the second largest operator of Job Corps centers in the country.

Mitchell Services Company has provided background and drug screening, payroll management services, and human resources counseling and support for more than 900 Job Corps participants since 2007.

MMC Awarded Staffing Services Task Order for Columbian Bank & Trust Company (August 2008)
C.D. Mitchell & Company, an affiliate company of MMC Group L.P., has been awarded a Task Order by the FDIC to provide staff management and transition services related to the closure, acquisition, and management of unresolved assets for Columbian Bank & Trust Company.

On August 22, 2008, The Columbian Bank and Trust Company, Topeka, KS was closed by the Kansas Office of the State Bank Commissioner and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All insured non-brokered deposit accounts have been transferred to Citizens Bank & Trust, Chillicothe, Missouri.

As of June 30, 2008, The Columbian Bank and Trust Company had total assets of $752 million and total deposits of $622 million.

MMC Supports Texas Homeowners Assistance Program
Since February 25, 2008, MMC has provided inbound call center support to ACS to provide government housing and community outreach assistance through the Texas Homeowners Assistance Program (Texas Housing).

Texas Housing provides call center support and community outreach programs for victims of Hurricane Rita throughout the State of Texas.

FDIC Awards Task Order for Closing & Management Services for IndyMac Bank F.S.B. (July 2008)
Mir Mitchell & Company, an affiliate company of MMC Group LP, has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to closing, field management, and resolution of IndyMac Bank, F.S.B.

On July 11, 2008, IndyMac Bank, F.S.B. was closed by the Office of Thrift Supervision and the FDIC was named Conservator. All non-brokered insured deposit accounts and substantially all of the assets of IndyMac Bank, F.S.B. have been transferred to IndyMac Federal Bank, F.S.B. (IndyMac Federal Bank), Pasadena, CA ("assuming institution") a newly chartered full-service FDIC-insured institution.

IndyMac Bank, F.S.B. was reported to be the third largest thrift institution in the United States at the time of its closing. Indymac had more than $30 billion in assets and serviced more than $180 billion in mortgage loans for other parties. Mir Mitchell & Company personnel will provide oversight services to the FDIC.

Texas Department of Information Resources Awards Information Technology Staff Augmentation Contract to MMC Group, L.P. (June 2008)
The Texas Department of Information Resources (DIR) has awarded MMC Group, L.P. (MMC) a contract to provide information technology (IT) staff augmentation services to the State of Texas. Several categories of IT staff augmentation services are delivered via this contract, including Applications, Data Management, Project Management, Telecom/Networking, and Customer Technical Support. MMC may provide temporary IT staff augmentation services to Texas state agencies, public institutions of higher education, public school districts, and other local government entities under this contract as part of DIR’s Go Direct program. The Go Direct program allows DIR customers to take advantage of the purchasing power of the State of Texas and streamlines the procurement process. MMC looks forward to working with all DIR customers under this contract and is readily available to meet your IT staff augmentation needs.

Dallas Independent School District (DISD) Selects MMC to Provide Professional Services (April 2008)
DISD has selected MMC to provide temporary labor services to various departments throughout the district for up to three (3) years. A team of preferred suppliers was selected to support the ongoing demand for temporary labor personnel throughout the various departments and district locations. MMC will support DISD department projects and business initiatives regarding information technology, professional and other support services. MMC was selected from a pool of more than 20 qualified bidders. DISD is one of the largest school districts in the country.

“Glad that we awarded the contract…I think we are going to be doing great things with MMC in the future.”

DISD Purchasing, May 22, 2008

FDIC Awards Task Order to Perform Investigation Services Regarding the Closure of Failed Financial Institutions (March 2008)
Mir Mitchell & Company, an affiliate company of MMC Group LP, has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to investigating the causes of closure of failed financial institutions. Mir Mitchell & Company will provide personnel with investigation and/or forensic accounting experience to assist the FDIC in documenting claims against third parties for the benefit of the receiverships of failed financial institutions.

This award continues the relationship between Mir Mitchell & Company and the FDIC, which has been in place since 1992 when the company was first awarded a prime contract by the former Resolution Trust Corporation. The company also continues to perform under a related FDIC contract for staffing and payroll services to FDIC receiverships.

FDIC Awards Task Order to Provide Closing & Management Services for Hume Bank (March 2008)
Mir Mitchell & Company, an affiliate company of MMC Group LP, has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to closing, field management, and resolution of a failed financial institution. Hume Bank, based in the Midwest, had approximately $15 million in deposits at the time of closing.

This award continues the relationship between Mir Mitchell & Company and the FDIC, which has been in place since 1992 when the company was first awarded a prime contract by the former Resolution Trust Corporation. Mir Mitchell & Company also continues to perform under a related FDIC contract for staffing and payroll services to FDIC receiverships.

FDIC Awards Task Order to Provide Closing & Management Services for Douglass National Bank (January 2008)
Mir Mitchell & Company, an affiliate company of MMC Group LP, has been awarded a Receivership Assistance Contract Task Order by the Federal Deposit Insurance Corporation (FDIC) to provide services related to closing, field management, and resolution of a failed financial institution. Douglass National Bank, based in the Midwest, had approximately $60 million in deposits at the time of closing.

This award continues the relationship between Mir Mitchell & Company and the FDIC, which has been in place since 1992 when the company was first awarded a prime contract by the former Resolution Trust Corporation. Mir Mitchell & Company also continues to perform under a related FDIC contract for staffing and payroll services to FDIC receiverships.