PGA's Abar Staffing and Ann Wells Personnel Services Announce Name Changes to Venturi Staffing Partners.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Nov. 1, 2001 Personnel Group of America's Abar Staffing and Ann Wells Personnel Services today announced that they have changed their names to Venturi venturi a tube with a decrease in the inside diameter that is used to increase the flow velocity of the fluid and thereby cause a pressure drop; used to measure the flow velocity (a venturimeter) or to draw another fluid into the stream. Staffing Partners. The changes are effective immediately and are part of a new PGA (1) (Professional Graphics Adapter) An early IBM PC display standard for 3D processing with 640x480x256 resolution. It was not widely used. (2) (Programmable Gate Array) See gate array and FPGA. branding strategy that will leverage the combined strength of PGA's multi-branch Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern operations with its other operations across the country. ABAR and Ann Wells provide a wide variety of office professional staffing solutions through branch offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Concord, Pleasanton and Sunnyvale. "Our new name underscores the value we place on our customer and associate partnerships and signifies the unified focus of our multi-branch operation in Northern California," said Bob Beckby, General Manager of Venturi's Northern California operation. Although the public face of these operations will take on a new look through the Venturi Staffing Partners name, Beckby maintains their core operating philosophies will not change. "We will continue to focus on each customer's unique needs and will maintain a flexible service approach that allows us to respond quickly and effectively to the evolving business requirements of the Northern California market," said Beckby. The famous Italian Physicist Giovanni Venturi, known for his groundbreaking work in fluid mechanics fluid mechanics, branch of mechanics dealing with the properties and behavior of fluids, i.e., liquids and gases. Because of their ability to flow, liquids and gases have many properties in common not shared by solids. , inspired the Venturi name. "The name serves as a metaphor for the service we provide our clients, which is channeling the flow of human capital," explained Beckby, adding that although the company name has changed, "our quality of people and commitment to service excellence stays the same. We take pride in knowing that Venturi Staffing Partners is synonymous with synonymous with adjective equivalent to, the same as, identical to, similar to, identified with, equal to, tantamount to, interchangeable with, one and the same as quality staffing solutions and is Northern California's premier staffing service." Abar Staffing has served the San Francisco and East Bay markets since 1954 and Ann Wells Personnel Services has provided staffing solutions to the Silicon Valley market since 1980. About PGA Personnel Group of America, Inc. (NYSE NYSE See: New York Stock Exchange :PGA) is a nationwide provider of information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. services; high-end clerical, accounting and other specialty professional staffing services; and technology systems for human capital management. The Company is based in Charlotte, N.C. and operates through a network of proprietary brand names in strategic markets throughout the 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. . Forward Looking Statements Certain information contained in this press release may be deemed forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding events and financial trends that may affect PGA's future operating results or financial position. These statements may be identified by words such as "estimate," "forecast," "plan," "intend," "believe," "expect," "anticipate," or variations or negatives thereof, or by similar or comparable words or phrases. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in such statements. These risks and uncertainties include, but are not limited to, the following: changes in levels of unemployment and other economic conditions in the United States, or in particular regions or industries; adverse changes in credit and capital markets conditions that may affect the Company's ability to obtain financing or refinancing Refinancing An extension and/or increase in amount of existing debt. on favorable terms; economic declines that affect the Company's ability to comply with its loan covenants A loan covenant is a condition in a commercial loan or bond issue that requires the borrower to fulfill certain conditions or forbids the borrower from undertaking certain actions, or possibly restricts certain activities to circumstances when other conditions are met. ; reductions in the supply of qualified candidates for temporary employment or the Company's ability to attract qualified candidates; the entry of new competitors into the marketplace or expansion by existing competitors; the ability of the Company to maintain existing client relationships and attract new clients in the context of changing economic or competitive conditions; the impact of competitive pressures, including any change in the demand for PGA's services, or the Company's ability to maintain its profit margins; the possibility of the Company incurring liability for the activities of its temporary employees or for events impacting its temporary employees on clients' premises; the success of the Company in attracting, training and retaining qualified management personnel and other staff employees; and whether governments will impose additional regulations or licensing requirements on personnel services businesses in particular or on employer/employee relationships in general. Because long-term contracts are not a significant part of PGA's business, future results cannot be reliably predicted by considering past trends or extrapolating past results. The Company undertakes no obligation to update information contained in this release. |
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