MISSISSAUGA, Ontario, May 17, 2005 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock/small-cap information site, released its latest spotlight company Resolve Staffing, Inc. (OTCBB:RSFF).
Resolve Staffing, Inc. (RSFF) is a turnkey provider of various outsourced staffing services. RSFF recently purchased 10 staffing locations through the acquisition of the temporary staffing division of ELS, Inc. ELS is a larger Professional Employer Organization (PEO) (www.elshr.com ) owned by Ronald Heineman, Resolve's Chief Executive Officer. This acquisition transformed Resolve from a single-location organization to an 11-location firm with offices throughout the east coast and mid west. The Company has since added more locations to bring the total to 20 offices. The acquisition of these new locations is expected to significantly expand the geographic scope of Resolve's operations. Furthermore, it is the Company's intention to grow its business through the acquisition of private companies in the staffing industry that would provide types of staffing and/or related services with which they are familiar.
Resolve Staffing provides mostly temporary office, clerical and light industrial workers. It has 20 offices in Ohio, Florida, North Carolina, Pennsylvania and New York and serves about 150 clients. The temporary staffing market is a high growth industry with room for consolidation. As the economy grows, most companies will start to hire more temporary staffing.
RSFF experienced a 51% increase in sales in 2004. With recent acquisitions, Resolve's revenues are projected to increase to an annualized rate of between $15 million and $20 million, according to the Company's CEO, Ron Heineman.
A complete RSFF profile can be viewed at: http://www.allpennystocks.com/apsc/us/stock_profiles/rsff.htm
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AllPennyStocks.com is focused on the small-cap/penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Resolve Staffing, Inc. (OTCBB:RSFF); the amount is two thousand dollars by a non-affiliated third-party Engle Group, Inc. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/rsff.htm.