Weichert Relocation Resources Reports Third Consecutive Record Year

(Wednesday, March 07, 2007) - Aram Minnetian, President of Weichert
Relocation Resources Inc. (WRRI), one of the world's leading workforce
mobility and assignment management companies, announced that the company
experienced its third consecutive year of record growth in 2006, spurred by
significant client signings, new benchmarks for customer and employee
satisfaction, and strategic acquisitions.
As Minnetian explained, "The past year saw WRRI catapult to a true
leadership position within our industry, with the marketplace recognizing
the compelling advantages that make our company unique, particularly our
financial stability, consistent leadership and commitment to creating Raving
Fans® among our customers."
A critical component of WRRI's success, according to Minnetian, has been its
aggressive quality control and continuous improvement initiatives, evidenced
by its achievement of SAS 70 Type I and Type II certification and use of the
Balanced Scorecard to drive performance.
"The Balanced Scorecard has brought increased ownership and accountability
of business initiatives at every level of our company," said Minnetian.
"This has helped us create a performance-focused, strategically-aligned and
forward-thinking organization, which, in turn, has attracted some of the
industry's best talent and some of the world's leading organizations to
WRRI."
This unrelenting quality focus helped the company set a new benchmark for
customer satisfaction, which rose to more than 96 percent.
"Coming into 2006, one of our primary goals was to enhance the customer
experience and make service quality a true differentiator for WRRI," said
Michelle Nerny, Senior Vice President. "We're proud to see that our efforts
have resulted in unprecedented levels of positive feedback."
Internally, employee satisfaction across WRRI's global operations also
reached a new height of 88 percent, according to the results of the
company's Annual Colleague Survey.
"In an era in which companies, particularly companies within the workforce
mobility industry, struggle to retain talent, we're happy to find that our
colleague engagement and satisfaction rates have never been higher," said
Jim Schneider, Senior Vice President. "It's a testament to the stability and
independent spirit of our organization that we have been able to attract the
industry's best talent and remain a solid, growth-oriented company."
Other notable achievements driving WRRI's success throughout 2006 included:
* Exceptional organic growth, with such
globally-recognized companies as Energizer; H.J. Heinz Company; MAGNA
International; Monster Worldwide, Inc.; Pitney Bowes and Spansion LLC added
to the company's client portfolio.
* Strategic acquisitions such as
PricewaterhouseCoopers' U.S.-based Global Mobility Services practice which
bolstered WRRI's prominence in the international assignment sector and
deepened its related subject matter expertise.
* Significant investments in FlashPoint, WRRI's
proprietary online service portal, to deliver simplicity and easier client
access to key program data.
* The ongoing Raving Fans service curriculum, which
instills innovative techniques for building customer loyalty throughout all
of WRRI's customer service teams.
* Launch of a proprietary visa and immigration network
built around on-site experts at the company's operations centers.
"We believe that we have the stability, leadership and financial strength to
capitalize on this momentum, and continue to thrive," said Minnetian.
"Throughout 2007, we will continue to invest in new capabilities and
technologies, redefine best practices and deliver compelling results and
value for our clients."

About Weichert Relocation Resources: Weichert Relocation Resources Inc.
(WRRI) delivers turnkey global relocation and assignment management
solutions that help clients expand their business reach, increase
productivity, and more cost-effectively manage their mobile workforce. WRRI
is recognized as the growth-oriented industry leader, providing a unique
combination of stability, financial expertise and seasoned leadership that
has made the company a trusted, proactive partner to some of the world's
most respected corporations. A progressive, independent company, WRRI is
committed to delivering Raving Fan® service; investing in new capabilities,
technologies and talent; and bringing unmatched innovations to market, such
as the industry's only complete, end-to-end global workforce mobility
solution. For more information, visit wrri.com.

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Weichert Real Estate Affiliates Inc.
225 Littleton Rd.
Morris Plains, NJ

Phone: (973)359-8377
Fax: (973)292-1428

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