Career Horizons acquires WHY Systems, Inc.WOODBURY Woodbury. 1 Residential city (1990 pop. 10,904), seat of Gloucester co., SW N.J., in the Philadelphia–Camden metropolitan area; settled 1683, inc. as a city 1871. It is a trade and service center, and petrochemical companies are nearby. , N.Y.--(BUSINESS WIRE)--May 20, 1996--Career Horizons, Inc. (NYSE NYSE See: New York Stock Exchange :CHZ CHZ Circumstellar Habitable Zone ) today announced the acquisition of WHY Systems, Inc., a provider of information technology supplemental staffing services. Terms of the cash transaction were not disclosed. WHY Systems provides information technology consultants with a broad range of skills and experience to organizations in the greater Washington, D.C. area from its office in Vienna, Va. In addition, WHY Systems offers temp-to-perm, total project management and personnel outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services. Founded in 1989, revenues for its current fiscal year are projected to be approximately $6 million. The founder of WHY Systems, William H. Young, will remain with the firm in a sales capacity. WHY Systems will operate as a sales office for Career Horizons' Computer Consulting Group, which serves the Southeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "We welcome WHY Systems, our sixth information technology acquisition, with its growing presence in the important metro-D.C. market," said Walter W. Macauley, president and chief executive officer. "As an established sales office for Computer Consulting Group, WHY Systems fits our strategy of adding selected geographic markets to our nationwide network by acquisition of attractive companies and by internal development." In addition to general and supplemental staffing, Career Horizons serves two specialty markets: health care and information technology. It has 534 company-owned, franchised and private label offices operating under recognized local and regional brand names in 43 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). . CONTACT: Career Horizons, Inc. Lundy Associates, Inc. Barry Gilman or Michael A. Lundy 516/682-1465 201/660-1100 |
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