TUCSON, Ariz., April 1, 2015 /PRNewswire/ -- The Providence
Service Corporation (Nasdaq: PRSC) (the "Company"), today announced
that the Australian Department of Employment has formally awarded
the contracts for the delivery of Employment Services across
Australia for the years 2015 to
2020. Mission Providence, a joint venture between Providence
Service Corporation and Mission Australia, has been awarded a
contract to deliver employment services in 8 regions across
Australia with 55 full time sites
and 12 outreach sites. Mission Providence has also been
awarded contracts to deliver the New Employment Incentive Scheme
across 20 regions as well as Work For the Dole in a further 6
Regions. No further details are available at this time.
Warren Rustand, Chief Executive
of Providence Service Corporation, commented, "Today's award
marks another major development for Providence, establishing our Joint Venture
with a leading charity as an important Employment Services provider
in Australia and building on
Providence subsidiary Ingeus's
employment operations around the world."
The Australian Government is investing in a new model to operate
from July 1, 2015 to better meet the
needs of job seekers and employers. Today's award from the
Australian Department of Employment seeks to contract with
organizations that are focused on achieving results and have a
track record of delivering high-quality services to job seekers and
employers.
About Mission Providence
Mission Providence is an equity Joint Venture between
Providence Services Corporation and Mission Australia combining the
best of not-for-profit and private sector experience and expertise.
It brings together the respective strengths of both
organisations.
About Mission Australia
Mission Australia is a leading not-for-profit
Christian community services organisation. Its goal is to reduce
homelessness and strengthen communities across Australia. Mission Australia has been one of the largest national
employment services providers for over 15 years.
About Providence Service Corporation
Providence
Service Corporation is an international human services company,
providing high quality social services, welfare-to-work,
collaborative care and community transportation services. It
has a global presence, with more than 13,700 employees across 12
countries. It owns Ingeus, which is a leading provider of the
UK Government's flagship Work Programme and international provider
of employment services. Ingeus provides quality, personalized
support to job seekers, as well as broad range of programs.
Forward-Looking Statements
This press release
contains "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements regarding anticipated rights offering. Words such as
"believe," "demonstrate," "expect," "estimate," "forecast,"
"anticipate," "should" and "likely" and similar expressions
identify forward-looking statements. In addition, statements that
are not historical should also be considered forward-looking
statements. Readers are cautioned not to place undue reliance on
those forward-looking statements, which speak only as of the date
the statement was made. Such forward-looking statements are based
on current expectations that involve a number of known and unknown
risks, uncertainties and other factors which may cause actual
events to be materially different from those expressed or implied
by such forward-looking statements. These factors include, but are
not limited to the global credit crisis, capital market conditions,
the implementation of the healthcare reform law, state budget
changes and legislation and other risks detailed in the Company's
filings with the Securities and Exchange Commission, including its
Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The Company is under no
obligation to (and expressly disclaims any such obligation to)
update any of the information in this press release if any
forward-looking statement later turns out to be inaccurate whether
as a result of new information, future events or otherwise.
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SOURCE The Providence Service Corporation