Home Housing & Development Regus Opens New Business Center at 260 Madison Avenue in Midtown Manhattan

Regus Opens New Business Center at 260 Madison Avenue in Midtown Manhattan

New center is the 17th Regus center in the Manhattan area

DALLAS, TX – November 19, 2007 – The Regus Group (LSE: RGU), the world’s largest provider of fully furnished and equipped offices with 950 locations in 70 countries, today announced the opening of its newest business center in Midtown Manhattan at 260 Madison Avenue.

The 35,000 square foot center will feature 102 offices, one board room, a conference room and a videoconferencing studio. Regus’ new 260 Madison center is conveniently located on 38th Street and Madison Avenue, just minutes away from Grand Central Terminal and Penn Station. This will be the 17th Regus location in New York City. Other area locations include 590 Madison Avenue in the IBM Building, the Chrysler Building, Penn Plaza, Rockefeller Center, and five Park Avenue locations including the Helmsley Building at 230 Park.

“Our new center not only offers our clients the opportunity to have a Madison Avenue business address in the heart of  Midtown Manhattan at a very cost-effective price, but they also have the unique opportunity to say they share the same prestigious address as the likes of MetLife, Reader’s Digest, Hanes Brands, American Kennel Club, and PRIMEDIA,” said Donna Scott, Regional Vice President for Regus. “We continue to experience a high demand for our solutions and services in the Midtown market. In fact this new center will open at near capacity.”

Every day Regus provides more than 200,000 clients worldwide with flexible and costeffective workplace options to meet their specific needs. Whether using a fully furnished office, a virtual office that provides clients with a local business address, meeting rooms or videoconferencing facilities, businesses working with Regus are able to establish an immediate presence at prime business center locations such as 260 Madison Avenue.

Core Business ONE is a management consulting, training and development company that provides individuals and organizations with the structures and practices needed to attain rapid results in all aspects of business.

Core Business ONE has been a Regus client for nearly five years and has offices in New York and San Francisco. Robert Oppenheimer, President of Core Business ONE, summed up the benefits that Regus offers his organization.

“Regus provides us with convenience and flexibility. By going with fully furnished offices we were able to establish an immediate presence in a very professional environment,” said Oppenheimer. “A key factor in our decision to go with Regus for our office needs was the prominence of the locations along with the professional staff and support services. This allowed us to serve clients from offices on Wall Street in New York, Market Street in San Francisco, Phoenix and Seattle. We like the flexibility that Regus provides – as our business grows Regus can accommodate that growth.”

All Regus clients have high-speed Internet access and digital telephone service managed by a highly trained IT support team. Regus also offers clients a wide range of on-site business services, including administrative support. Clients also have the option to use the center’s meeting rooms, videoconferencing studios and business lounge.

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

Over 200,000 clients a day benefit from Regus Group facilities spread across a global footprint of 950 locations in 400 cities and 70 countries, which allows individuals and companies to work wherever, however and whenever they want to.

For more information, visit www.regus.com.