"Most Innovative Company in US" Nod for ProcureStaff

New York, NY
May 19, 2008

2008 Stevies Finalist

ProcureStaff, a leading provider of services procurement solutions, was named a Finalist for a Stevie Award in the "Most Innovative Company" category by the 2008 American Business Awards judges. The American Business Awards are the only national, all-encompassing awards program honoring great performances in business. Executive Vice President, Janet Whitcomb and Vice President of Sales & Marketing, Ben Walker attended the 6th Annual Stevie Awards ceremony in New York.

ProcureStaff was nominated for incorporating advanced Business Intelligence (BI) methodologies into the comprehensive services procurement solutions they provide to their Fortune 1000 clients. With a long history if innovation - bringing the industry's first vendor neutral Vendor Management System (VMS) application to market in 1996 - ProcureStaff has again raised the bar with its BI service offering. By collecting broader and more accurate program data and using sophisticated statistical analysis techniques, ProcureStaff's BI group generates exceptionally accurate predictions of future human capital spend that offer greater value and visibility than the purely transactional reports and benchmarking features built into most VMS solutions. Enabling predictive analysis and accurate forecasting of human capital needs, ProcureStaff's BI element yields cost savings above and beyond the savings captured by the simple automation of human capital management.

"This nomination recognizes our efforts to remain at the vanguard of thought in the services procurement field, a position we continue to earn through tireless innovation" said ProcureStaff co-founder and Executive Vice President, Janet Whitcomb adding, "While the claim of innovation may be made by many companies in every field, few incorporate innovation throughout their organization's operations to the extent that ProcureStaff does. We are pleased to have been recognized as innovators by this nomination."

"ABA entries grew more than 30% this year, so being named a Finalist is more of an accomplishment than ever before," said Michael Gallagher, founder and president of The Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."

About ProcureStaff, Ltd.

ProcureStaff, Ltd., a subsidiary of Volt Information Sciences, Inc., provides specialized software and services that streamline and manage services procurement. ProcureStaff's solution improves efficiencies in the entire procurement lifecycle, including vendor management, sourcing, spend management and invoicing, reconciliation and payment for enterprise clients. For additional information, please visit the ProcureStaff, Ltd. web site at www.procurestaff.com.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.