New Haven, Connecticut– Jan. 10, 2005 – Woodbridge Group, Inc., an innovative Connecticut-based mergers and acquisitions (M&A) firm, is delighted to welcome Robert F. Murphy as the firm’s new Managing Director and co-owner. Bob brings 22 years of successful corporate management, financial services and deal making experience to Woodbridge Group, and will be instrumental in leading the company to fulfill its mission: to become a national, highly-respected M&A firm serving the middle market.

“I am excited to be part of such a dynamic, marketing-driven M&A firm that is focused on delivering maximum value to every client. I am looking forward to growing Woodbridge into a national firm," said Mr. Murphy.

Prior to joining Woodbridge Group, Bob was Managing Director of Elite Investment Group LLC, in Montvale, NJ, an investment banking firm he co-founded in 1997. While at Elite, Bob completed numerous strategic and financial transactions, primarily for client companies in the IT and outsourcing industries. In addition, he provided executive-level operating and financial services to client companies facing challenging business conditions.

Mr. Murphy previously served as Senior Vice President, Corporate Development at Butler International (NASDAQ: BUTL), a tech-outsourcing company with 29 offices and over 3,000 employees worldwide. During his nine years with Butler, Bob’s responsibilities included strategic and operational planning, acquisition and divestiture activities, and new ventures management. He led a restructuring of the company’s European operations that brought the unit from insolvency to profitability in ten months. Bob also created Butler's IT services unit through several acquisitions and coordination with other business units. Bob holds a B.S. in Accounting from State University of New York at Albany and is a Certified Public Accountant.

Woodbridge Group is a unique M&A firm providing a full range of divestiture and acquisition services to the middle market.