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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (3861)	2/23/1998 2:17:00 PM
From: JOEY	Respond to of 27968

While scanning the PR newswire waiting for FAMH's release I saw this come through. I figure it was good reading until our release comes out. CDI Corporation Announces Managed Staffing Contract With Northrop Grumman PHILADELPHIA, Feb. 23 /PRNewswire/ -- CDI Corporation (NYSE: CDI - news ), a leading provider of technical outsourcing solutions, temporary staffing and management recruiting, today announced that it has been awarded a multi- million-dollar managed staffing contract by Northrop Grumman (NYSE: NOC - news). Under the terms of a three-year managed staffing contract with Northrop Grumman Surveillance Battle Management Systems, CDI will manage all contract labor usage at Northrop Grumman's Melbourne, Florida, facility. The contract was effective Feb. 1, 1998. Additional terms are not being disclosed. Previously, CDI had been providing managed staffing services to the Melbourne facility under the terms of an earlier agreement. As a managed staffing provider, CDI is responsible for all aspects of the staffing process for contract labor for the customer, including sub-tier vendor management, freeing the customer's management to perform core functions. ''We at CDI are proud of the confidence Northrop Grumman has placed in us by renewing this major contract. Our objective is to continue to provide Northrop Grumman's Melbourne facility with the full range of talent and highly skilled manpower it needs while managing the associated cost to the customer's satisfaction. In this instance, those needs range from sophisticated engineering expertise to clerical support,'' said Hal Johnson, executive vice president, CDI Southeast. Company Information CDI Corp. (www.cdicorp.com) is a leading provider of outsourcing solutions through technical and temporary staffing services and management recruiting to a diverse blue chip client base. With more than 30,000 employees and offices throughout the U.S., Canada and the U.K. and revenues of $1.5 billion in 1997, CDI serves its customers through three business segments. It is the nation's largest provider of technical staffing services, providing supplemental technical, engineering, telecommunications and information technology services. Through its network of Todays Temporary offices, CDI provides clerical, administrative, legal and accounting staffing services. CDI is also the world's largest search and recruitment organization; Management Recruiters International operates from a network of more than 700 franchise and company- owned offices. SOURCE: CDI Corporation