Washington, D.C. – December 19, 2007
MorganFranklin Corporation, a professional services and solutions provider to government and business leaders on high-stakes financial, operational and IT issues, announced today that it has been awarded a one-year contract with four option years worth up to $5.6 million from the Department of Labor (DOL) to provide professional accounting services to support the Office of the Chief Financial Officer (CFO).

Under the new contract, MorganFranklin will provide the DOL with professional services to support the CFO in meeting OMB’s Circular No. A-123, Management’s Responsibility for Internal Control, internal control assessment and remediation requirements, as well as OMB’s Circular A-136 PAR reporting requirements.

“MorganFranklin is extremely excited to support the DOL and its mission,” said Bill Hughes, managing director of MorganFranklin’s Federal Advisory Practice. “We look forward to assisting management in advancing its goals and at the same time continuing to strengthen its OMB A-123 process, assisting in maintaining its green status for all five government-wide President’s Management Agenda (PMA) initiatives, and increasing overall DOL program effectiveness.”

About MorganFranklin Consulting

MorganFranklin Consulting (www.morganfranklin.com) is a global management and technology consulting firm that works with leading businesses and government.  The firm helps organizations solve their most pressing challenges and address critical finance, technology, and business objectives. MorganFranklin is headquartered in the Washington D.C. area with regional offices in Atlanta and San Francisco, and supports clients across the globe.

MorganFranklin Consulting is the brand name referring to the global organization of MorganFranklin, Inc. and its subsidiary MorganFranklin Consulting, LLC.

For Media Inquiries:

Andrew Moses
MorganFranklin Consulting
Phone: 703-564-7525
Email: Andrew.Moses@www.morganfranklin.com