Searchpath Hcs Sells Three "Super Franchises" In First Three Months Of Initiative

Thursday, April 15, 2010

SearchPath HCS, Inc. (Pink Sheets:SRCP), a Human Capital MANAGEMENT TEAM Solutions Company, announced today that the Company has sold three Super Franchises within the first three months of a 24-month initiative to sell 26 Super Franchises. SearchPath International distinguishes a "Super Franchise" from a regular "Franchise" using the following criteria: A Super Franchise owner has the right to purchase and resell franchises at a significant discount, with no geographic restrictions. The Super Franchisee also gains a more favorable/lucrative revenue sharing than a regular franchise as well as a larger number of shares of the Company's common stock. The goal of the Company's initiative is to promote the exponential growth of SearchPath International as a worldwide leading talent and executive recruiting organization.

"We are very excited that our Super Franchise initiative has gotten off to such a great start. The search and recruiting industry is continuing to evolve and territories are no longer relevant. Our industry niche focus allows our people to work and live globally. If the Company reaches its target, which based on our initial sales is very likely, within two years we will have added 26 super franchises that are collectively responsible for the addition of 104 new SearchPath franchises every year. This type of growth, combined with our experience, vision and determination, will enable SearchPath to achieve its goal of becoming a global powerhouse in this industry," commented CEO of Search Path HCS, Inc., Thomas K. Johnston.

"What makes our Super Franchise model unique is that there are no geographic restrictions on our franchisees, thus avoiding the market saturation factor that essentially sets a finite end to most other similar models in the recruiting industry. This new model also gives our existing owners the opportunity to grow and develop beyond a traditional search practice. This fact coupled with a lucrative revenue and equity sharing program, makes this a prime opportunity for talented, ambitious and experienced professionals to invest in a Super Franchise and work as hard as possible to continuously increase the number of SPI franchises, thus the value of the Company as a whole," continued Mr. Johnston.

About Search Path HCS, Inc.

SearchPath HCS, Inc. www.searchpathhcs.com is a rapidly growing human capital solutions firm and the parent company of SearchPath International, Inc. (SPI) www.searchpath.com. SPI is a U.S.-based talent acquisition professional services firm, with more than 75 franchises nationwide. Founded in 2005, SPI's goal is to become the premier, vertically integrated provider of talent acquisition professional services in the world. In addition to being a stand-alone talent and acquisition services firm, SPI is also a franchisor of its business that has redefined the way clients do business with recruiters by implementing a client-centric approach that combines proven industry best practices and revolutionary concepts.

Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and SPI set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements". Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.

By Staff CONTACT: Seal Point Consulting Nick Torrens Phone: 267-364-5407 [email protected]

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