CINCINNATI, Dec. 20, 2005 (PRIMEZONE) -- Resolve Staffing, Inc. (OTCBB:RSFF) is proud to announce the acquisition of Assisted Living Health Care, a Mesa, Arizona-based medical staffing firm.
Assisted Living Health Care, located in Tempe, Arizona provides a variety of medical staffing services including travel nurses, pharmacists, technicians and other healthcare professionals. With $2 million in annual sales, this acquisition is Resolve's third in the burgeoning medical staffing industry. Moreover, this acquisition brings Resolve's medical staffing division to approximately 15% of the Company's annualized sales, which are currently approaching $60 million.
Don Quarterman, Director, stated, "Medical staffing continues to be the growth niche in the staffing industry. It is a market niche that we anticipate adding considerably to our revenues. The outcome of our continued penetration of this market is higher gross profit margins. We expect to further benefit from double-digit medical staffing industry-wide growth."
About Resolve Staffing, Inc.
Resolve Staffing is a national provider of outsourced human resource services. With 45 offices reaching from New York to California, the Company provides a full range of supplemental staffing and outsourced solutions, including solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, trucking, garment, clerical, office administration, customer service, professional and light industrial categories. For additional information on Resolve Staffing, visit our website, www.resolvestaffing.com.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.