The Regus Group Opens its Newest Houston Area Business Center in the CITYCENTRE Development


HOUSTON, TEXAS – July 07, 2008 – The Regus Group (LSE: RGU), the world’s largest provider of fully furnished and equipped offices with 950 locations in 70 countries, today announced that it is opening a new business center in the heart of west Houston in the CITYCENTRE development. Regus’ newest Houston location will be located in Building 12 on the third floor of 800 W. Sam Houston Parkway North.

The new state-of-the-art 25,000 center will feature 109 offices, 194 workstations, one board room, one meeting room and one videoconferencing studio. Other amenities include an on-site receptionist to greet clients, answer calls in the business’ name and provide administrative support; a furnished reception area; a business café with wireless Internet connectivity; and a business lounge that allows clients/visitors to remain productive while on the road or between meetings.

“Our new CITYCENTRE location is ideal for those clients who live in Katy and want to avoid the often hectic commute into Houston,” said Jennifer Gilbert, Regional Vice President for Regus. “The amenity-rich CITYCENTRE will be one of Houston’s hottest destinations so we’re delighted that we can positively contribute to the work/life balance of our clients by offering them move-in ready offices in such a great ‘live, work, play’ environment.”

CITYCENTRE is a mixed-use, pedestrian-friendly development strategically located on a 37-acre site in the prestigious Memorial area of west Houston. In addition to upscale amenities and conveniences, CITYCENTRE will be the community’s destination for art festivals, holiday celebrations and a variety of events throughout the year. CITYCENTRE’s current roster of tenants include Bailey, Banks, & Biddle; Lifetime Athletics; Studio Movie Grill and Brio Tuscan Grill.

Larry Leach is president and founder of Surplus Buyers, a Houston-based company that provides turnkey recycling services for retired computers and electronics inventory. Leach, who will be one of the first clients in the Regus CITYCENTRE location, says Regus offered him a number of benefits. “

Going with the Regus model of fully furnished and serviced offices allows me to significantly keep my expenses down and focus on managing my business. I don’t have worry about setting up an office and all of the related costs,” said Leach. “It also provides me with a very professional, upscale environment in which I can proudly host client meetings. CityCentre is close to my home and to a number of my clients, so having a brand new office in this area is also a major benefit.”

Leach added, “One of the key reasons Regus was so attractive to me was their extensive network of centers. Now when I’m traveling on business I have convenient access to nearly one thousand Regus business centers worldwide. It allows me to remain productive while on the road.”

Gilbert added, “We’re finding that increasingly businesses are seeking more flexible, cost-effective office space solutions that don’t come with excessive upfront capital costs. They’re looking for options will allow them to grow as their business requirements dictate. So regardless of whether our clients are in the Oil &Gas, legal, consulting, financial services or some other industry, we’re confident we have the customized solution to fit their unique situation.”

Every day Regus provides more than 400,000 clients worldwide with flexible and cost-effective workplace options to meet their specific needs. Whether using a fully furnished office, a virtual office that provides clients with a local business address, meeting rooms or videoconferencing facilities, businesses working with Regus are able to establish an immediate presence in high profile, recognizable buildings such as the new CITYCENTRE location.

Members of the press are invited to attend the center’s official grand opening event and ribbon cutting ceremony on Tuesday, July 22 from 11 a.m. to 1 p.m. Members of the West Houston Chamber of Commerce and several local dignitaries will be in attendance. CITYCENTRE will be Regus’ 10th Houston area location. The company has six locations in Houston, two in Westchase and one in The Woodlands.

About The Regus Group

The Regus Group is the world’s leading provider of pioneering workplace solutions, with products and services ranging from fully equipped offices to professional meeting rooms, business lounges and the largest network of videoconferencing studios. The Regus Group delivers a new way to work, whether it’s from home, on the road or from an office.

Clients such as Google, GlaxoSmithKline, IBM, Nokia and Accenture join thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to The Regus Group, allowing them to focus on their core business.

Over 400,000 clients a day benefit from Regus Group facilities spread across a global footprint of 950 locations in 400 cities and 70 countries, which allows individuals and companies to work wherever, however and whenever they want to.

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