SeatonCorp - Press Room

Our mission is both simple and challenging: To set the highest standards of commitment, performance and achievement that we can, and to surpass these same high standards whenever we can. It means taking pride in everything we do, both personally and professionally, and never settling for an easy answer or a solution out of habit. We know that true leadership understands risks and takes them anyway, and that consistency and thoroughness are the surest paths to prosperity. We serve our client's best interests with resourcefulness and flexibility. We exceed their expectations through efficiency, innovative thinking and well-designed products. We refuse to be intimidated by limits and champion the right to be as successful as we can be.

Press Room

January 27, 2011

SEATONCORP REPORTS RECORD REVENUE AND EARNINGS GROWTH IN Q4

Revenue up 39% and Earnings up 64% Organically Year Over Year

Chicago, IL - January 27, 2011 - SeatonCorp, a Chicago-based staffing and recruiting firm that operates under the Staff Management, PeopleScout, and StudentScout brands, reported fourth quarter 2010 revenue increased 39% year-over-year. Earnings were up 64% in Q4, largely due to several new multi-million dollar client signings and scope/volume expansions.

Staff Management, a leader in Vendor on Premise staffing and Managed Service Provider (MSP) solutions, added more than $91 million in incremental revenue growth largely due to volume increases at existing clients and new client signings. Staff Management continues to expand its international footprint by implementing new MSP engagements in North America, Asia, Europe, and South America.

PeopleScout, a leading recruitment process outsourcing (RPO) provider delivered 69% year over year revenue growth. During 2010, PeopleScout signed 21 new RPO engagements, its highest total ever in a single year. Additionally, PeopleScout achieved 100% client retention in 2010.

StudentScout, a leading provider of student admission support for the post-secondary education industry, achieved 20% revenue growth in Q4. StudentScout added several dozen campuses for which it provides admissions support.

"No doubt, 2010 represented the best year in company history on virtually every dimension – revenue growth, earnings growth, new client signings, client retention, and client satisfaction scores," 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 places over 180,000 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 fifth 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:
Laurie Harms
PeopleScout
312-915-5038
lharms@peoplescout.com