PEOPLEsource Staffing Solutions Inc. Announces The Acquisition of Staffing Strategies Inc.

October 2006

MISSISSAUGA, ONTARIO—(CNNMatthews – October 30, 2006) – PEOPLEsource Staffing Solutions Inc; one of the fastest growing recruitment firms in Canada, announces today the strategic acquisition of Toronto-based Staffing Strategies Inc. The Acquisition comes hot on the heels of PEOPLEsource’s ranking on the seventh annual HOT 50 in 22nd position.

“Staffing Strategies is a perfect fit within the PEOPLEsource team,” says PEOPLEsource President and co-founder, John Nalli. “They bring some extremely talented recruiters to our environment that have extensive experience, complimenting the industries we’re currently serving. Their experience in clerical and administrative staffing, call center staffing and executive searches really broadens the service areas PEOPLEsource presently reaches.”

Boasting over 75 years of staffing recruitment experience, Staffing Strategies also brings a deep and qualified talent database of around 15,000 people and a client base mostly made up of Fortune 500 companies mostly in downtown Toronto and across Canada.

Located in the heart of Toronto’s downtown financial district, Staffing Strategies integration allows for a wider, local reach within the GTA staffing market, serving financial, government organizations, engineering firms and the information technology sector.

“We’re really proud of the growth we’ve experienced,” says PEOPLEsource co-founder Frank Cianciulli. “Adding Staffing Strategies to the equation creates a wealth of opportunities for both our employees and our clients. Their ten years in business provides a great starting point for us to cultivate their ling established client and employee relationships in the downtown core.”

ABOUT PEOPLEsource:

Opening its doors in Mississauga only three years ago, PEOPLEsource has made a vigorous mark in the Human Resources industry. The company expanded quickly to include other branches located in Mississauga, Brampton, Barrie, Toronto, and Cambridge. Delivering on their bold promises for both job seekers and employees, PEOPLEsource breaks the mold of other staffing agencies with efficient, flexible, responsive and experienced recruiters who coach candidates and support employers to ensure the right hire, every time. To view the company website, please visit www.peoplesource.ca

For more information, contact Gabriella Mammone
Corporate Communications Manager
(905) 277-4455 Ext. 31