Kelly Services Acquires Talents Technology

23 Mar '07
Kelly Services Acquires Talents Technology

TROY, MI, Mar 23, 2007 -- Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB), a global staffing solutions provider, today announced it has acquired Talents Technology (which consists of Talents Polska and Talents CZ), a permanent placement and executive search firm with operations in the Czech Republic and Poland. Estimated 2007 revenue is $2.4 million. The acquisition increases Kelly's global footprint to 32 countries and territories.

Established in 1997, Talents Technology has a solid reputation for the highest customer service standards and provides specialized executive search services to a broad range of information technology, pharmaceutical and life science companies.

Talents Technology will join Kelly's existing international business segment and will enhance the company's ability to provide comprehensive talent management solutions to its global customers. As part of the transaction, Dagmar Kratka, Talents Technology principal owner, will become executive director and will continue to lead Talents Technology as a division of Kelly Services.

"We're excited to increase our global presence with the acquisition of Talents Technology, a company with a superior reputation and demonstrated ability to provide valued, quality service to its customers," said Carl Camden, president and chief executive officer. "This acquisition follows our global strategy to enter new, viable geographies, to purchase specialty staffing companies, and to diversify Kelly's offerings across recession-resistant industries and higher-margin services."

"We are delighted to join the Kelly organization," said Dagmar Kratka, executive director, Talents Technology. "Through Kelly's global network and comprehensive staffing solutions, Talents Technology is well-positioned to meet the evolving needs of our customers."

About Kelly Services, Inc.

Kelly Services, Inc. (NASDAQ: KELYA) (NASDAQ: KELYB) is a Fortune 500 company headquartered in Troy, Mich., offering staffing solutions that include temporary staffing services, outsourcing, vendor on-site and full-time placement. Kelly operates in 32 countries and territories. Kelly provides employment to more than 750,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, and health care. Revenue in 2006 was $5.6 billion. Visit www.kellyservices.com.

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SOURCE: Kelly Services, Inc.