Torch Technologies Honored for Alabama Job Creation

New York, NY (December 4, 2012)

Huntsville-based Torch Technologies, Inc. was featured in the inaugural ranking of Inc.'s Hire Power Awards, recognizing the private businesses that have generated the most jobs in the past three years.

Torch generated 104 new jobs from 2008 to 2011, placing it first among private employers in Huntsville/Madison County and among the top two private business job creators within the state of Alabama.

Torch's CEO, Bill Roark, states, "Torch has been proud of our six consecutive rankings on the INC 5000, which reflects the steady revenue growth resulting from the continuing efforts of our employee owners. Our recognition in this inaugural "Hire Power" ranking is further reinforcement that our employee's efforts have resulted in positive job growth, benefitting both Torch and our community."

Inc. is the only major business media brand aimed solely at CEOs of fast-growing private companies. The Hire Power Awards appeared in Inc.'s December/January issue, as well as the brand's web site, www.inc.com.

"The top 100 companies on the list have created 73,032 American jobs in the three-year period from 2008 to 2011 – an amazing feat, given that much of that job growth came during the heart of the recession," explains Inc. editor-in-chief Eric Schurenberg. "And it isn't just the big guys that are adding jobs. Companies with less than $50 million in annual revenue make up nearly one-third of the Hire Power list."

The inaugural Inc. Hire Power Awards are sponsored by Bank of America Merrill Lynch, which is proud to recognize American companies that have greatly increased their workforces. Inc.'s Hire Power Awards celebrates private companies on the forefront of American job creation, giving these businesses the recognition they deserve.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.

About Bank of America Merrill Lynch

Bank of America Merrill Lynch is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America Merrill Lynch is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America Merrill Lynch offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. For more information, visit: http://corp.bankofamerica.com/business/smb.

"Bank of America Merrill Lynch" is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., all of which are registered broker dealers and members of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.

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