SEATONCORP REPORTS 26% TOP LINE ORGANIC GROWTH IN Q1
New Client Signings Drive Growth
CHICAGO, IL - April 16, 2010 - SeatonCorp, a Chicago-based staffing and recruiting firm that operates under the Staff Management, PeopleScout, and StudentScout brands, reported first quarter 2010 revenue increased organically 26% year-over-year. The top line growth was largely due to more than 50 new client signings and several large client expansions. Earnings were up significantly year over year as well.
Over the past year, Staff Management, a leader in Vendor on Premise staffing and Managed Service Provider (MSP) solutions, successfully implemented over 30 new client engagements. PeopleScout, a leading recruitment process outsourcing (RPO) provider signed and successfully implemented more than a dozen new client engagements. PeopleScout also achieved significant client expansion in Asia, South America, Australia, and Europe, which now represents over 10% of its revenue stream. StudentScout, a pioneer in student recruitment and admissions support, also delivered significant top line year over year growth.
"We believe SeatonCorp's strong Q1 results were largely due to our heavy focus on delivering outstanding service to clients, which led to several scope expansions and new client signings in all three divisions," said Patrick Beharelle, SeatonCorp's Chief Executive Officer.
About Staff Management
Staff Management is a leading provider of consultative managed staffing and recruiting programs for Fortune 500, Global 2000 and high growth companies. Founded in 1988, Staff Management was an industry pioneer of Vendor on Premise (VOP) staffing. Today, Staff Management has evolved its revolutionary VOP platform to provide sustainable contingent workforce solutions across a growing global footprint and has become the leading Managed Service Provider (MSP) with deep domain expertise supporting clients in the manufacturing and distribution segment. Staff Management solutions deliver best talent, drive compliance, yield tangible savings and provide a unique client aligned technology platform for high-volume workforce management. Staff Management ranks as the #1 MSP leader in breadth of service provided and size of deal on HRO Today's 2010 Baker's Dozen List of top MSP providers. Staff Management is a charter member of the U.S. Immigration and Customs Enforcement IMAGEProgram. For more information, please visit us at www.staffmanagement.com or call 800-746-9462.
About PeopleScout
PeopleScout is a leading provider of recruitment process outsourcing (RPO) services aimed at helping companies with their exempt and non-exempt hiring needs. The firm's suite of services includes RPO, employment branding, on-boarding, and employee retention. Annually, PeopleScout facilitates over 187,000 hires via RPO engagements. Industries served include airline, financial services, telecommunications, retail, utilities, pharmaceutical, and transportation. PeopleScout's clients include some of the more recognizable names in the Fortune 500 list of companies. PeopleScout was recently ranked as a Top RPO Provider in HRO Today Magazine's Baker's Dozen - its fourth consecutive appearance on the closely watched list of industry-leading RPO providers - as well as being named #1 in deal size. The firm also has been recognized as the #1 RPO Provider by The Black Book of Outsourcing on their "Top Ten HRO: Recruitment Process Outsourcing/RPO" list. For more information, please visit us at www.peoplescout.com or call 800-966-4803.
About StudentScout
StudentScout provides best-in-class contact management, warm call transfer, and appointment setting support to the post secondary education industry. Major organizations across America rely on StudentScouts proprietary model to help optimizes their admission processes - from lead generation to enrollment StudentScout clients experience improved speed to lead, increased contact rates, overall lift in the number of enrollments, and a more variable admissions cost structure. For more information, please visit www.studentscout.com or call 877-902-3522.
For More Information:
Dawn Kelley
Marketing Department
SeatonCorp
(312) 397-3233
dkelley@seatoncorp.com