OnStaff Signs Multi-Year Deal With Automotive Leader Mitsubishi Motors North America, Inc.
Staffing Company to Fill at Least 100 New Positions at Mitsubishi's Southern California Location
NOVATO, Calif., June 16 -- OnStaff, Inc. today announced its multi-year, on-site, national staffing contract with automotive leader Mitsubishi Motors North America, Inc. & Mitsubishi Motor Credit America, Inc. According to the agreement, OnStaff will provide skilled employees to a number of Mitsubishi's corporate departments, including but not limited to collections, customer service, repossession, bankruptcy, title and accounts payable. OnStaff, a specialty staffing company that recruits and places highly skilled temporary, temp-to-hire and permanent employees in niche positions within the financial services industry, will provide up to 100 employees in a variety of jobs both in Cypress, California and nationally.
"As we continue to broaden our diverse offerings within the financial services arena, the Mitsubishi partnership represents an exceptional opportunity for OnStaff on several levels," said Jeffrey Evans, president. "We anticipate that the high visibility of the Mitsubishi brand will offer opportunities for OnStaff to expand within the automotive industry, as well as showcase our employees' talents in the niche industry positions we are filling such as leasing accountant and collections analyst."
The Mitsubishi contract exemplifies the consistent, rapid growth that OnStaff has experienced since its inception as TitleTemps in 1996. To date, OnStaff has made more than 50,000 placements in over 40 markets served throughout the United States.
About OnStaff
Established in 1996, OnStaff, headquartered in Burbank, CA, is a premier national specialty staffing company placing both temporary and permanent employees in the financial services and healthcare industries. OnStaff's highly skilled temporary workers are offered employer-paid training, counseling, paid vacation, healthcare benefits (including dependents) and 401(k) plans. The company's Internet division, TheBoardNetwork.com, is an online recruiting and job placement service also specializing in the financial services and healthcare industries. OnStaff (www.onstaff.com) is a wholly owned subsidiary of Hall Kinion & Associates . For more information visit www.onstaff.com.
About Hall Kinion & Associates
Hall, Kinion & Associates, Inc., The Talent Source for specialized professionals, delivers world-class talent on a contract and full-time basis to high-demand sectors. The Company finds, evaluates and places industry-specific Technology and Corporate Professionals.
Founded in 1991, Hall Kinion completed its initial public offering in 1997. The Company operates two divisions, both of which provide consultants and direct-hire talent: the Technology Professional Division places highly-skilled experts in positions ranging from software engineering to CTO into technology, financial services, healthcare, government and energy sectors; and the Corporate Professional Services Division (OnStaff(R)) places specialists at all levels into real estate, financial services and healthcare sectors. For the most current corporate and financial information, visit the Company's Web site at http://www.hallkinion.com/ .
The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding Hall Kinion's expectations, beliefs, hopes, intentions, models or strategies regarding the future. All forward-looking statements included in this release are based upon information available to Hall Kinion as of the date thereof, and Hall Kinion assumes no obligation to update any such forward-looking statement. Actual results could differ materially from Hall Kinion's current expectations. Factors that could cause or contribute to such differences include, but are not limited to the rate of hiring and productivity of sales and sales support personnel; the availability of qualified professionals; changes in the relative mix between contract and permanent placement services; changes in the pricing of Hall Kinion's services; the timing and rate of entrance into or exit from new geographic markets and the addition and closing of offices; the structure and timing of acquisitions, changes in demand for professionals; changes in the economic outlook for the high technology industry and general economic factors. Please refer to the discussion of risk factors and other factors included in Hall Kinion's Report on Form 10-K for the year ended December 29, 2002 and other filings made with the Securities & Exchange Commission.