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Regus Opens New Business Center in the Heart of Princeton's Carnegie Center

Regus' 22nd New Jersey area center conveniently located in one of Princeton's most sought-after business addresses.

PRINCETON, N.J., -- The Regus Group (LSE: RGU), the global leader in flexible workplace solutions, announced that it has opened a new center in Princeton's prestigious Carnegie Center. The 15,000 square foot center is located on the third floor of 103 Carnegie Center and features 77 offices and one board room.

"Our new center is located in the heart of the Carnegie Center office complex, one of Princeton's most desirable addresses," said Donna Scott, East Region Vice President for Regus. "The high-profile location combined with the cost-effectiveness of our offerings make this a very attractive business address for organizations of all sizes, from one-person start-ups to satellite offices for a Fortune 500."

CrowdConnect, a Princeton-based full-service marketing and advertising agency, initially used Regus' virtual office solution to give the company a full-time address and phone number at a prestigious location, as well as access to office space, meeting rooms and other amenities when its employees needed to host client meetings. The company recently upgraded to a full-time office because of the additional benefits it provides.

"As an entrepreneur I need to portray the right image to my clients and prospects and Regus helps me achieve this objective. The full-time office offers me and my staff a convenient, professional, private place to host meetings," said Patrick Diogenia, Founding Partner, CrowdConnect. "It's also a major benefit because Regus and its onsite staff take care of all my real estate needs, which allows me to focus on growing my business."

Regus offers its client a full range of cost-effective business-ready workplace products including fully furnished, fully staffed private offices, meeting rooms and on-site business and administrative support services. Regus clients typically experience up to a 60 percent savings on their facilities costs over leasing traditional office space. For those clients who may not need a full-time office, Regus also offers virtual offices, which allow businesses to instantly gain a presence in a new market with a prestigious, high-profile business address and local telephone answering and mail handling services.

"We're finding that especially during these uncertain times companies are avoiding getting locked into long-term, risky office space leases and are increasingly turning to our model of flexible, cost-effective, turnkey workplace solutions. This will be our 22nd New Jersey area center," added Scott.

103 Carnegie Center is an impressive, three-story, 96,000 square foot, Class-A office building, which features a newly renovated lobby. The building features a number of amenities including the award-winning Hyatt-Regency Princeton Hotel, on-site child care, a post office and retail banking services. The Regus center is located on the third floor of 103 Carnegie Center. The center will hold its official grand opening event on October 14, from 1:00 p.m. to 3:00 p.m. Members of the media are invited to attend.

About The Regus Group

The Regus Group is the world's leading provider of pioneering workplace solutions, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the largest network of videoconferencing studios. The Regus Group delivers a new way to work, whether it's from home, on the road or from an office.

Clients such as Google, GlaxoSmithKline and Nokia join thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to The Regus Group and allowing them to focus on their core business.

Over 400,000 clients a day benefit from Regus Group facilities spread across a global footprint of 1,000 locations in 450 cities and 75 countries, which allow individuals and companies to work wherever, however and whenever they want. For more information please visit www.regus.com.

About CrowdConnect

CrowdConnect is a Princeton, New Jersey-based full-service marketing and advertising agency. For more information visit www.crowdconnect.com.

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