TeamStaff Reports Fourth Quarter and Fiscal 2007 Results; Posts Fourth Quarter Income From ... (are of net income related to the profita...)

TeamStaff Reports Fourth Quarter and Fiscal 2007 Results; Posts Fourth Quarter Income From Operations

Date:1/15/2008

are of net income related to the profitable operations and sale of the DSI Payroll Services division.

As a result of TeamStaff's sale of its DSI Payroll Services ("DSI") division that was completed on May 31, 2006 and the probable sale of the Nursing Innovations per diem business, all results reported in this release have been reclassified to show DSI, Nursing Innovations per diem, and certain corporate expenses as discontinued operations. Approximately 90 percent of TeamStaff's revenues are derived from medical staffing.

About TeamStaff, Inc.

Headquartered in Somerset, New Jersey, TeamStaff serves clients and their employees throughout the United States as a full-service provider of medical and administrative staffing. TeamStaff's TeamStaff Rx subsidiary is a leading provider of travel nursing and travel allied healthcare professionals. TeamStaff Rx operates throughout the US and specializes in the supply of travel allied medical employees and travel nurses, typically placed on 13 week assignments. TeamStaff's RS Staffing Services subsidiary specializes in providing medical and office administration/technical professionals through nationwide Federal Supply Schedule contracts with both the United States General Services Administration and the United States Department of Veterans Affairs. For more information, visit the TeamStaff web site at http://www.teamstaff.com.

This press release contains "forward-looking statements" as defined by the Federal Securities Laws. TeamStaff's actual results could differ materially from those described in such forward-looking statements as a result of certain risk factors and uncertainties, including but not limited to: our ability to continue to recruit qualified temporary and permanent healthcare professionals and administrative staff at reasonable costs; our ability to retain qualified temporary healthcare professionals and administrative staff for mu
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SOURCE TeamStaff, Inc.
Copyright©2008 PR Newswire.
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TeamStaff Reports Fourth Quarter and Fiscal 2007 Results; Posts Fourth Quarter Income From ...(are of net income related to the profita...),Health