KAY KUTT APPOINTED VICE PRESIDENT AT PARAGON DECISION RESOURCES

RANCHO SANTA MARGARITA, CA, Jan. 28, 2003 -- Kay Kutt has been appointed Vice President of Global Business Development-Eastern Region, at Paragon Decision Resources, Inc. (www.pdr.com). Joe Morabito, Paragon's president, made the announcement.

Kutt is based in the firm's Danbury, CT office and is responsible for sales in all states along the eastern seaboard from Maine to Florida and also eastern Canada. She served as Paragon's Managing Director-Asia Pacific, in Hong Kong since 2001 and was responsible for managing the business portfolio of clients in the Asia Pacific territory. Key duties included profit/loss control; personnel staffing, training & management; client relations; and new business development.

Kutt lived and worked in Hong Kong for 18 years. Prior to joining Paragon, she spent two years as Managing Director-Asia Pacific for Cendant International Assignment Services Pacific Ltd. She supervised the Asia business including planning, budgets and financial forecasting.

Kutt was instrumental in establishing the Regus Business Center Network in 1998 as the premier business center organization in Asia. She was responsible for all operations throughout Asia Pacific as the Director of Operations. In her first year with Regus she also hired and trained senior center managers in 10 new facilities in eight countries. Regus remains the top business center in Asia today.

Kutt spent five years as General Manager of HQ Business Centers in HK. She had overall profit and loss responsibility, headed sales and marketing, all operations and supervised client negotiations.

Kutt received a Bachelor of Arts degree from York University in Toronto, Canada. She is a member of AmCham Hong Kong and was elected to the organization's Board of Governors in 1999. Kutt is also a member of the Society of Human Resource Management.

Paragon Decision Resources, Inc., established in 1987, is located in Rancho Santa Margarita, CA, about 40 miles southeast of Los Angeles. Paragon provides relocation outsourcing solutions for Fortune 1000 companies and other leading organizations worldwide. Key services include Domestic Relocation, International Relocation and Global Assignment Services.

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