Kelly Services Acquires The Ayers Group

19 May '06
Kelly Services Acquires The Ayers Group

TROY, Mich., May 19, 2006 -- Kelly Services, Inc., a global staffing solutions provider, today announced it has acquired The Ayers Group, a New York-based career management firm with estimated 2006 revenue of $10 million.

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Since 1975, The Ayers Group has built a solid reputation with companies in a wide range of industries through their customized career transition, consulting services and information technology staffing. The Ayers Group operates four offices in New York, Connecticut, and New Jersey. The company is and will remain a partner firm of Career Partners International, an organization of 60 leading human resources consulting firms with 175 offices in 43 countries.

The addition of The Ayers Group to Kelly's existing Professional, Technical and Staffing Alternatives business segment provides a broader, more integrated human resources solution for our clients and significantly strengthens our service portfolio to successfully address client needs throughout all phases of the economic cycle. As part of the transaction, William Ayers, The Ayers Group's founder and CEO, will become vice president and business unit leader. Ayers will continue to lead The Ayers Group as a division of Kelly Services.

"The acquisition of The Ayers Group is a central component of our strategy to provide comprehensive talent management solutions to our global customers," said Carl Camden, president and chief executive officer. "We are very excited about the completion of this acquisition, and welcome the talented management team and employees of The Ayers Group to the Kelly organization."

"We are delighted to join Kelly Services, a highly regarded company with integrity along with a reputation and commitment to the highest quality service to its customers," said William Ayers, vice president and business unit leader. "By combining our collective strengths and expertise, our customers will benefit from our new and enhanced service offerings as well as our expanded global footprint."

About Kelly Services, Inc.

Kelly Services, Inc. (Nasdaq: KELYA, KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering staffing solutions that include temporary staffing services, staff leasing, outsourcing, vendor on-site and full-time placement. Kelly operates in 30 countries and territories. Kelly provides employment to more than 700,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, health care and home care. Revenue in 2005 was $5.3 billion. Visit http://www.kellyservices.com .

SOURCE Kelly Services, Inc.

ANALYST CONTACT: James Polehna, +1-248-244-4586, james_polehna@kellyservices.com ,
or MEDIA CONTACT: Renee Walker, +1-248-244-5362, renee_walker@kellyservices.com ,
both of Kelly Services, Inc.