Hall Kinion Shareholders Approve Merger
June 07 2004 - 9:00AM
PR Newswire (US)
Hall Kinion Shareholders Approve Merger TAMPA, Fla. and NOVATO,
Calif., June 7 /PRNewswire-FirstCall/ -- Kforce Inc. (NASDAQ:KFRC)
and Hall Kinion and Associates, Inc. (NASDAQ:HAKI), professional
staffing firms, jointly announced that their merger was approved by
Hall Kinion shareholders at a meeting held on Friday, June 4, 2004.
Kforce Inc. and Hall Kinion expect the transaction to close today,
Monday, June 7, 2004. About Kforce Kforce is a professional
staffing firm providing flexible and permanent staffing solutions
for organizations in the skill areas of information technology,
finance & accounting, pharmaceutical, healthcare and
scientific. Backed by more than 1,200 staffing specialists, Kforce
operates in 45 markets in North America. For more information,
please visit our Web site at http://www.kforce.com/. About Hall,
Kinion & Associates, Inc. Hall, Kinion & Associates, Inc.,
The Talent Source(R) for specialized professionals, delivers
world-class talent on a contract and full-time basis to high-demand
sectors. Hall Kinion finds, evaluates and places industry-specific
Technology and Corporate Professionals. Founded in 1991, Hall
Kinion completed its initial public offering in 1997. Hall Kinion
operates two divisions, both of which provide consultants and
direct-hire talent: the Technology Professional Division places
highly-skilled experts in positions ranging from software
engineering to CTO into technology, financial services, healthcare,
government and energy sectors; and the Corporate Professional
Services Division (OnStaff) places specialists at all levels into
real estate, financial services and healthcare sectors. For the
most current corporate and financial information, visit Hall
Kinion's Web site at http://www.hallkinion.com/. Certain of the
statements at this conference may be forward-looking statements
that involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Act of 1934, as amended. Factors that could
cause actual results to differ materially include the following:
business conditions and growth in the staffing industry and general
economy; competitive factors, risks due to shifts in the market
demand, including, without limitation, shifts in demand for our
Health and Life Sciences, Finance and Accounting and Information
Technology Groups, as well as the market for search and flexible
staffing assignments; changes in the service mix; ability of the
Company to complete acquisitions; and the risk factors listed from
time to time in the Company's reports filed with the Securities and
Exchange Commission, as well as assumptions regarding the
foregoing. In particular, any statement related to Kforce's
expected revenues or earnings or Kforce being well positioned for
future profitability and growth are forward-looking statements. The
words "should," "believe," "estimate," "expect," "intend,"
"anticipate," "foresee," "plan" and similar expressions and
variations thereof identify certain of such forward-looking
statements, which speak only as of the dates on which they were
made. Additionally, any statements related to future improved
performance, the successful integration of Hall Kinion into Kforce
and estimates of revenues and earnings per share are
forward-looking statements. The Company undertakes no obligation to
publicly update or revise any forward-looking statement. As a
result, such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and actual
results may differ materially from those indicated in the
forward-looking statements as a result of various factors. Readers
are cautioned not to place undue reliance on these forward-looking
statements. DATASOURCE: Hall Kinion and Associates, Inc. CONTACT:
Michael Blackman, Vice President -- Investor Relations, of Kforce
Inc., +1-813-552-2927; or Martin A. Kropelnicki, Vice President
& CFO, of Hall, Kinion & Associates, Inc., +1-415-895-2200
Web site: http://www.kforce.com/ Web site:
http://www.hallkinion.com/
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