Exhibit 99.1
Form 8-K
Headway Corporate Resources, Inc.
File No. 1-16025

FOR IMMEDIATE RELEASE                                      NEWS RELEASE

CONTACTS:   Barry Roseman
            Headway Corporate Resources, Inc.
            (212) 672-6650

            Don Weinberger
            Wolfe Axelrod
            (212) 370-4500


                 HEADWAY CORPORATE RESOURCES, INC. ANNOUNCES
                              SALE OF WHITNEY GROUP

NEW  YORK,  March 13,  2003 --  Headway  Corporate  Resources,  Inc.  (AMEX:HEA)
announced  today that it has completed the sale of Whitney Group,  its executive
search business, to a group led by Gary Goldstein, the Company's former Chairman
and Chief Executive  Officer.  Whitney Group has operations in New York,  Boston
and  Chicago in the United  States,  as well as in the United  Kingdom  and Hong
Kong. All of the Company's  operating executive search subsidiaries will be part
of the transaction. Terms of the sale were not disclosed.

In connection with the  transaction,  Mr.  Goldstein has resigned as Chairman of
the Board of  Directors,  member of the Board of Directors  and Chief  Executive
Officer of Headway and its subsidiaries. The Company noted that Barry S. Roseman
will be continuing as the Company's  President and Chief  Operating  Officer and
that Mr.  Goldstein's other duties would be assumed among the Company's existing
executive management team.

"With the sale of  Whitney,  we can now focus our  efforts on  growing  the core
staffing business.  We believe that the separation of the two businesses will be
beneficial for Headway, as well as Whitney," said Mr. Roseman.

Headway  Corporate  Resources,  Inc. is a leading provider of human resource and
staffing  services.  Headquartered in New York City, Headway also has offices in
California, Connecticut, Florida, North Carolina, Texas and Virginia.

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Safe Harbor  Statement  under the Private  Securities  Litigation  Reform Act of
1995:  Except for the  historical  information  contained  herein,  the  matters
discussed  in this press  release are  forward-looking  statements  that involve
risks and  uncertainties,  including  but not limited to economic,  competitive,
governmental  and  technological  factors  affecting the  Company's  operations,
markets,  products and prices,  and other  factors  discussed  in the  Company's
various filings with the Securities and Exchange  Commission,  including without
limitation the Registration Statement of Form S-3 (Registration No. 333-08615).