Corporate Resource Services, Inc. (NASDAQ:CRRS), a diversified technology, staffing, recruiting and consulting services firm, today announced that it has been awarded a three year Managed Service Provider/Vendor Management Services agreement with SBM.
"Corporate Resource Services has been awarded this contract to service SBM in every location they provide their services globally," said Frank Vaccaro, President of Sales for CRS. "SBM is a global provider of facility services and CRS will be the Managed Service Provider that administers this program throughout all of SBM. The MSP/VMS service offerings create immediate shareholder value and we have other major prospective MSP/VMS agreements pending client approval."
"This is an example of how a local relationship has catapulted into a global opportunity," said Roderick Santoro, Regional Vice President of CRS' West/Central Region. "SBM has been experiencing rapid growth and our diversified service offerings fit perfectly into their staffing strategy both nationally and internationally. During our initial implementation, we have already identified international opportunities that our recent acquisition of Flex Recruitment can fulfill. Our MSP/VMS program will streamline SBM's staffing process and add value to the overall partnership between CRS and SBM."
About SBM:
SBM was founded in 1982 in Sacramento, California by Charles Somers (CEO) and Don Tracy (EVP), providing service to the entire Northern California region. With the addition of Ron Alvarado as a partner in 1993, SBM embarked on its national expansion outside of California. Today, SBM employs more than 6,000 individuals servicing more than 350 million square feet throughout the United States, Canada, Singapore and Latin America. SBM's success has been a direct result of its proven performance, service quality, and cost savings record enabled by industry-leading proprietary technology, which has led to new business opportunities, as well as organic growth among its existing customer base.
SBM provides facility services through a group of affiliated companies, including SBM Site Services, LLC; Somers Building Maintenance Inc.; Pacific West Site Services Inc.; SBM Management Services, LP; SBMSS Site Services Canada Inc.; Interamerican Pacific West Site Services, SA; Pacific West Costa Rica, SRL; and SBM Management Services Puerto Rico LLC.
SBM is proud to be certified by the National Minority Supplier Development Council as a Minority Business Enterprise (MBE). In addition, SBM has attained membership in the National Minority Supplier Development Council (NMSDC) "Corporate Plus" program, demonstrating a proven capability of providing services on a national basis.
SBM offers a full range of building maintenance services including janitorial/housekeeping, vendor management and soft service bundling, using innovative equipment and environmentally minded products, all services are provided by trained and professional staff.
About Corporate Resource Services, Inc.:
Corporate Resource Services, Inc. provides cloud-based enterprise applications and hosting services to PEO and staffing companies, as well as diversified staffing, recruiting, and consulting services. The Company offers trained employees in the areas of Insurance, Information Technology, Accounting, Legal, Engineering, Science, Healthcare, Life Sciences, Creative Services, Hospitality, Retail, General Business and Light Industrial work. The company's blended staffing solutions are tailored to our customers' needs and can include customized employee pre-training and testing, on-site facilities management, vendor management, risk assessment and management, market analyses and productivity/occupational engineering studies.
The Company's ability to deliver broad-based solutions provides its customers a "one stop shop" to fulfill their staffing needs from professional services and consulting to clerical and light industrial positions. Depending on the size and complexity of an assignment, Corporate Resource Services can create an on-site facility for recruiting, training and administration at the customers' location. Company recruiters have the latest state of the art recruiting resources available to help customers secure the best candidates in today's ever-changing marketplace. CRS's national network of recruiters has staffing experts that get excellent results by focusing within their areas of expertise.
The Company operates 244 staffing and on-site facilities throughout the United States and the United Kingdom and it offers its services to a wide variety of clients in many industries, ranging from sole proprietorships to Fortune 1000 companies. To learn more, visit http://www.crsco.com.
This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission.
CONTACT: Corporate Resource Services, Inc.Michael J. Golde, 646-443-2380
Chief Financial Officer