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MSX International Completes Acquisition of Geometric Results, Inc. From Ford Motor Company

5 August 1997

MSX International Completes Acquisition of Geometric Results, Inc. From Ford Motor Company

    AUBURN HILLS, Mich., Aug. 5 -- MSX International has signed a
definitive stock purchase agreement to acquire Geometric Results, Inc. from
Ford Motor Company .  The companies also signed long term supply
agreements that will significantly enhance MSX International's role as a
preferred supplier to Ford for a variety of essential staffing, business, and
product development services.  Terms were not disclosed.
    Completion of the transaction follows an announcement last April that MSX
International and Ford had reached an agreement in principle to acquire
selected businesses operated by the wholly-owned Ford subsidiary.  MSX
International will now manage Geometric Results' "PeopleNet" contract staffing
service at Ford, its training services, an Intranet-based document management
unit, a variety of value-added services to dealers, and other business
services.  Completion of various matters contemplated by the signing of the
principal transaction agreements is imminent.
    The MSX International team now totals more than 10,000 staff and contract
personnel under management at 50 facilities in 20 countries in North and South
America, Europe, and the Pacific Rim.  Annual revenues are approximately $1
billion.  This includes results from all Geometric Results business units
except its Power Products Division, which remains a unit of Ford.
    The purchase of Geometric Results extends MSX International's leadership
as a source of professional, technical, and staffing solutions for industry.
MSX International is positioning itself as a leading resource for companies as
they focus on core activities.  Together with MSX International's recognized
product development expertise, the Company now offers an expanded portfolio of
staffing, business, and product development services.
    "Our customers should benefit tremendously from the combination of the two
organizations," said Ralph L. Miller, MSX International president and chief
operating officer.  "The Geometric Results organization adds complementary
technology, processes and services that will make MSX International an even
stronger business partner.  Our goal is to support our customers in their non-
core activities so they can focus efforts on their core competencies."
    "Our combined personnel resources, emphasis on technology innovation, and
financial resources enable us to offer our current transportation customers a
compelling suite of services.  The transaction also gives MSX International
the opportunity to expand beyond the transportation industry to new
customers."
    MSX International has organized its current operations and the new
Geometric Results resources into three key business segments:

    * In-Client Services -- combines MSX International's existing in-client
      contract staffing operations with Geometric Results' "PeopleNet"
      division to provide professional, business and technical contract labor
      services;

    * Business and Technology Services -- combines Geometric Result's other
      operations with MSX International's marketing and training businesses to
      provide project management expertise, managed training services,
      marketing services, printing and document management services, technical
      hotlines and customer support; and

    * Product Development Services -- comprises MSX International's existing
      product development operations, which provide transportation industry
      customers with product support from initial concept through the design
      stages, into engineering and prototyping, through design validation, and
      into vehicle production.

    We believe our employees, too, will enjoy exceptional new opportunities as
a result of the combination," said Don Springer, former President of Geometric
Results and now head of MSX International's new Business and Technology
Services division.  "Given its expanded breadth of service and geographic
scope, MSX International is rapidly becoming a company which can offer a world
of career development opportunities to its employees."
    Based in Auburn Hills, Michigan, MSX International was organized in late
1996 from the combination of two predecessor engineering and technical
services companies.

SOURCE  MSX International