ACCUSTAFF EXPANDS ITS NEW YORK PRESENCE.JACKSONVILLE, Fla.--(BUSINESS WIRE)--May 23, 1996--AccuStaff Incorporated (Nasdaq/NM:ASTF ASTF Arab Science and Technology Foundation (United Arab Emirates) ASTF Aeropropulsion Systems Test Facility ASTF Aerospace Structures Test Facility ASTF Australian Standard Transfer Form ASTF A Suit That Fits ), a national provider of strategic staffing and outsourcing services, today announced the acquisition of TempsAmerica East, Inc., Customized Employment Solutions, Inc., and its other affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. . Terms of the agreement were not disclosed. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with a branch in suburban Philadelphia, TempsAmerica and affiliates had revenues of approximately $40 million for its fiscal year ended December 31, 1995, based on unaudited results. Together, the companies provide clerical and paralegal temporary staffing and payroll services. Richard Ross will remain in his current position as president and continue to run TempsAmerica operations in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Commenting on the announcement, Derek E. Dewan de·wan n. Any of various government officials in India, especially a regional prime minister. [Hindi d , President and Chief Executive Officer of AccuStaff, said, "TempsAmerica will add to our growing presence in the Metropolitan New York area and provide a vehicle to offer payroll services on a national scale through Customized Staffing Solutions, which currently provides services to customers in 28 states." AccuStaff is a leading national provider of strategic staffing and outsourcing services to businesses, professional and service organizations and governmental agencies. The Company operates 157 branch offices in 27 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , and is organized into three divisions: the Commercial division, the Professional Services division, and the Telecommunications division. CONTACT: AccuStaff Incorporated, Jacksonville Michael D. Abney or Derek E. Dewan, 904/725-5574 |
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