Houston, TX (19 December 2007) - COMSYS IT Partners, Inc. (NASDAQ:CITP) today announced the acquisition of T. Williams Consulting, LLC, a leading Philadelphia-based provider of recruitment process outsourcing and specialty HR consulting services primarily to commercial customers throughout the Mid-Atlantic region. Terms of the acquisition were not disclosed. COMSYS expects the acquisition to be accretive to earnings in 2008.
"TWC has developed a strong RPO business, and we are delighted that former owner Terry Williams and his team will stay with COMSYS after the closing," commented COMSYS CEO Larry L. Enterline. "We see the RPO sector as high growth, and one of our strategic focuses has been the development of a business process outsourcing offering to complement our traditional staffing and consulting businesses. We expect TWC and our existing vendor management services offering, vWorx, to form the cornerstone for our BPO initiative, and plan to continue expanding our services offerings in that area."
About COMSYS IT Partners
COMSYS IT Partners, Inc. (NASDAQ: CITP) is a leading IT services company with 47 offices across the U.S. and offices in Canada and the U.K. COMSYS' service offerings include contingent staff augmentation of IT professionals, permanent recruiting and placement, vendor management and project solutions, including network design and management, offshore development, customized software development and maintenance, software globalization/ localization translation services and implementation and upgrade services for SAS, business intelligence and various ERP packages. COMSYS primarily serves clients in the financial services/insurance, telecommunications, energy, pharmaceutical and healthcare industries and government agencies.
Forward-looking Statements
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