Comments on NetStaff Inc.Business Editors/Hi-Tech Writers Discovery Expo Winter 2000 PHILADELPHIA--(BUSINESS WIRE)--March 2, 2000 (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:NTSF -- Reprinted from "Larry Oakley's Daily Comment" on www.WallStreetCorner.com, 2/9/2000. Available in website archives.) NTSF became public 1/19/2000 via a reverse merger & name change. It operates a staffing portal at www.netstaff.com. President Patrick Ryles says: "I think it has been very easy for staffing agencies & human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. professionals to see the value in having such a large number of pre-screened job candidates at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. . There has been a awful lot of hype about sites that cater to individuals who just want to post their resumes online, but many in the industry have begun realizing that a business-to-business, e-commerce site like NetStaff's that includes the types of pre-screened, qualified candidates they seek can be a great asset that can save them time & money." The staffing industry revenue will exceed $100 billion this year, concluded a Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason study. There are about 20,000 staffing companies in the U.S. today -- a double-digit growth in the past six years. The number of companies that have joined the NetStaff online Multiple Listing Service increased by 35% during the first five weeks of 2000. Forrester Research projects that employer spending on online recruiting will mushroom from $105 million in 1998 to $1.7 billion in 2003. For example, Cisco Systems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ) hires about two thirds of its people & receives 81% of its resumes via the Internet. There is no fee to search the NetStaff database of pre-screened employment candidates. Upon successful placement of a candidate using NTSF's system, employers pay staffing companies the traditional fee & NTSF charges the staffing companies a small referral fee. It's really a win-win arrangement. Call NTSF @ 415/908-1000, fax 415/908-1010, or write 168 South Park, San Francisco
South Park is a small neighborhood South of Market in San Francisco, California. It centers on the small, oval-shaped park of the same name, and South Park Street, which encircles the park. , CA 94107. For IR, call Brennen McLean @ 415/908-1015, e-mail bmclean@netstaff.com. |
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