Last time I check, it was not available. Go to USCIS's website, and you can check by yourself. It said it would be available in early 2012.
Link: http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=971b60657dd68210VgnVCM100000082ca60aRCRD&vgnextchannel=db029c7755cb9010VgnVCM10000045f3d6a1RCRD
Not according to USCIS.gov.
* The availability date is the date that the classification was initially deemed eligible for Premium Processing Service.
** The termination date reflects the last day that USCIS accepted filings requesting that specific classification. If a date is entered in this column, that classification is currently ineligible for filing.
Form I-140, Immigrant Petition for Alien Worker
Designated Classification Within Form I-140
Corresponding Employment-Based (EB) Immigrant Visa Classification
Multinational executives and managers
EB-1
Not Yet Available
Projected to become available in early calendar year 2012.
It is not available for EB-1 Managers, although it is available for other EB-1 petitions. USCIS had said they were going to make it available this year, but they haven't yet. So no, you cannot premium process an EB-1 I-140 for a multinational manager or executive.
Ari Sauer
The Immigration Answer Man
Siskind Susser, PC
1028 Oakhaven Rd
Memphis, TN 38119
901-682-6455
www.visalaw.com/ari
www.immigrationanswerman.com