PRWT Services, Inc.












News

For Release on 6-19-08, 8:00 a.m.

PRWT Contact: Sherri Kyle-Jones
Office: 215- 988-8954
Mobile: 215-284-3075

PRWT Services Names Jerry L. Johnson as Vice Chairman

(PHILADELPHIA) June 19, 2008 … PRWT Services, Inc. today announced that Jerry L. Johnson, a respected business leader in the Greater Philadelphia Region and immediate past chairman of the Radnor Trust Company, has been named vice chairman of PRWT.  Jerry Johnson adds depth to an already strong leadership team and will work with Willie F. Johnson, PRWT’s founder, chairman and chief executive officer, and Harold T. Epps, its new president, to implement a proactive business plan designed to grow the Company’s revenues and profits.  As part of his role, Jerry Johnson will assume responsibility for developing growth strategies around the Company’s merger and acquisition activities and financing that will fuel the growth of PRWT’s business process outsourcing and facilities management business units and the newly created life sciences business unit. 

As chairman of the Radnor Trust Company, Jerry Johnson was instrumental in helping businesses and individuals leverage Radnor Trust’s nationally chartered bank services in the areas of commercial banking, investment management, trust and estates, insurance, philanthropic solutions.  Prior to that, Jerry Johnson was the president of eMoney Advisor and was the executive vice president of Safeguard Scientifics, where he was responsible for the success of several entrepreneurial companies and guided CEOs through corporate expansion, management team development and initial public offerings. 

“In Jerry Johnson, we have a charismatic business leader who knows our company and the diverse businesses and the industries we serve.  He embodies PRWT’s culture of excellence and integrity and his presence will help our talented executives make the important decisions about the growth opportunities being presented to us daily,” said Willie Johnson, PRWT’s Chairman.

Harold Epps echoed the Chairman’s sentiments about the importance of Jerry’s skills and stated: “As we build PRWT into a minority-owned world-class company, I am excited to have Jerry Johnson as a member of the PRWT leadership team.  He is a great addition and an important signal to our customers, partners, and potential investors that we are confident about PRWT’s future.” 

PRWT, which is celebrating 20 years of successful operations in 2008, recently acquired a pharmaceutical manufacturing facility to complement its traditional lines of business.  Jerry Johnson will be intimately involved in PRWT’S efforts to integrate the lines of business into a cohesive and profitable enterprise.  “As I join PRWT and accept these new responsibilities, I am humbled by the confidence evidenced by Chairman Johnson and President Epps and I have committed to them that I am prepared to work hard to build upon the performance and reputation for excellence that have enabled the Company to achieve great things over the last 20 years,” said Jerry Johnson.  He added that “I do believe the best is yet to come!”

Marla Green, chairman of RTC Holdings stated: “Although we will miss Jerry’s daily presence, we are happy that he will continue to serve on Radnor Trust’s Board.  He is a man of great ability and he will be an asset to our friends at PRWT.”

Jerry Johnson holds a B.S. in Psychology from Northeast Missouri State University, a Masters in Management from the Sloan School at MIT and a Masters in Psychology from Northern Illinois University.

About PRWT Services, Inc.

PRWT Services, Inc, a nationally recognized minority-owned enterprise, is the largest minority owned business headquartered in the Greater Philadelphia Region and has been ranked in the top 100 minority-owned businesses in America by Black Enterprise magazine for the past eight years.  Founded in 1988, PRWT has matured into a leading business process outsourcing provider of high volume, high performance services and a provider of facilities management services and manufacturing of active pharmaceutical ingredients through its subsidiaries U.S. Facilities, Inc. and Cherokee Pharmaceuticals LLC, respectively.  PRWT is in fact the first minority owned manufacturer of active pharmaceutical ingredients in the United States.  For more information, visit http://www.prwt.com.

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