MSX Expands Info Technology And Technical Professional Staffing
23 February 2000
MSX International Expands Information Technology And Technical Professional Staffing Through AcquisitionAUBURN HILLS, Mich., Feb. 23 -- MSX International, Inc., today announced that it has acquired the professional staffing operations of Corporate Staffing Resources of South Bend, Indiana. These businesses are Intranational Computer Consultants, Programming Management & Systems, CMS Management Services, and Ascend. These units provide information technology and technical professional staffing throughout the United States with combined annual revenues over $57 million. Intranational Computer Consultants is headquartered in Petaluma, California, and is a premier provider of information technology consulting services with over 180 professionals in the San Francisco Bay area. It provides computer specialists in software engineering, programming, software quality assurance, technical writing, application development, and network administration. Programming Management & Systems is a St. Louis, Missouri-based information technology consulting group with over 80 professionals committed to simplifying systems, perfecting increased performance, and minimizing overhead. Its consultants support national and international St. Louis-based clients. CMS Management Services is headquartered in South Bend, Indiana, and employs over 300 contract professionals that specialize in information technology, accounting and finance, engineering, and sales and marketing. Ascend offers a variety of technology staffing solutions, including information technology, technical and engineering staffing. Ascend is distinctive in the marketplace in that it offers both staffing and outsourcing services in a seamless, integrated package. It provides its services through offices in the Midwest and Southeast. "Adding these four new businesses to MSX International injects additional technical staffing capability and geographic coverage into our core businesses and expands our capability to meet growing customer demands," said Roger Fridholm, President of MSX International's Business, Technology and Staffing Services. He added, "With their strong reputation for excellence in the areas of information technology and technical staffing, we see a ready fit for our global organization and look forward to welcoming these professionals to the MSX International team." MSX International is a leading, global provider of technology-driven engineering, business, and specialized staffing services. MSX International's services enable customers to significantly improve their business performance by adding value and helping them to achieve a competitive advantage. With annual sales exceeding $1.3 billion, MSX International employs more than 12,000 professional staff and contract personnel at over 64 operating locations in 23 countries worldwide. MSX International offers its customers a wide range of technology-driven services, both on-site and off-site, including product engineering and manufacturing engineering; contract and temporary staffing; training; purchasing support; marketing support; electronic document and information storage and retrieval; process improvement consulting; and web and information technology services. MSX International's headquarters is in Auburn Hills, Michigan. Visit MSX International's Web site at http://www.msxi.com . MSX International's news releases are also available at http://www.prnewswire.com . This document contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of any number of factors, many of which are beyond the control of management. These important factors are discussed in MSX International's filings with the Securities and Exchange Commission.