Creation of Mattrix Group signals the emergence of a new breed of consultancy targeting companies needing rapid access to specialized services without the restrictions presented by current corporate pressures

MIAMI - July 8, 2002 -- Former MasterCard International president for Latin America, Richard Child, has launched the Mattrix Group joining seasoned executives from varying areas of expertise to provide companies with external counsel for time-critical, strategic initiatives.

"Our objective is to provide our clients with an array of key services while limiting the risks associated with expanding or over-extending their organization unnecessarily," said Child, Mattrix Group founder. "Our approach allows companies to deploy necessary resources faster than they could alone, in order to meet particular needs and objectives of a given initiative or time-frame."

Mattrix Group partners, associates and group members offer consulting services in strategic planning, marketing, risk management, operations, franchise management, sales and distribution, technology, mergers & acquisitions, public relations and event management.

"I am extremely pleased to have Tracy Kramer join me as a partner as she brings deep industry knowledge and expertise to the group. Together with our group members, The Jeffrey Group, MorSports & Events Inc. and Hermes Management we are well poised to provide a very personalized level of service," added Child.

For more information contact:
Tracy Kramer
tkramer@mattrixgroup.com
(305) 913-7171