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BEVERLY RAPHAEL NAMED CEO OF THE YEAR

DEERFIELD BEACH, FL—JULY, 2007— For the second time in the past three years, RCC Associates President and CEO Beverly Raphael has been honored as South Florida CEO of the Year in the Business Woman of the Year Awards.

The annual awards program, hosted by the South Florida Business Journal, was presented this year by Rachlin Cohen and Holtz.

Raphael, who was honored in 2004 at CEO of the Year, succeeded her late husband, Richard, in 1998, and has taken RCC Associates to new heights of success in just eight years, growing the business from $19 million to over $84 million in 2006 with revenues expected to reach close to $100 million in 2007.

RCC, which added a restaurant division a several years ago, had primarily been known for its retail construction assignments. Today, more than 50 percent of the company's revenues are restaurant based, though RCC continues to add new internationally recognized retail and restaurant brands including, The Limited Brands, Express, Victoria’s Secret and Bath and Body Works, Ruth’s Chris, Grand Lux Café, Cheesecake Factory, Maggiano’s, Morton’s, Benihana, Sport’s Authority, Apple Computer, Bank Atlantic, Chili’s, Carpaccio and many more.

RCC Associates, which has built more than 1,000 projects coast-to-coast over the past quarter century, is regarded as one of the nation’s premier buildout contractors. Their award-winning craftsmanship and top-notch project management and supervision has won repeat commercial business in a wide market sector, including high-end retail, restaurants, spas, financial institutions and corporate offices.