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New Contract Awards Boost Monarch Staffing Revenues for 2009

^{Published on 2009-01-19 07:22:34, Last Modified on 2009-01-19 07:23:09 - Market Wire}
 

SAN JUAN CAPISTRANO, Calif.--([ BUSINESS WIRE ])--Monarch Staffing, Inc. (Pink Sheets:MSTF), and its wholly owned subsidiary Drug Consultants, Inc. ("DCI") and new operating division Nurse Consultants ("NCI"), a provider of healthcare staffing services, announced the award of a new contract with the California Department of Corrections and Rehabilitation ("CDCR").

The new contract will provide California's Gault Training facility with Temporary Registered and Licensed Vocational Nursing Services.

"We are proud to have been awarded another contract to provide services to the CDCR", commented Edwina Chong, Executive Vice President. "We were #1 out of 23 bidders and further solidifies us as a leader in healthcare staffing services to the CDCR".

"This one-year contract will bring continued diversification to our nurse staffing business and further supports our growth initiatives", commented David Walters, Chairman.

DCI furnishes personnel to perform a range of pharmacy, nursing and other healthcare staffing services in support of the operations of government and commercial facilities, including its largest client, the California Department of Corrections and Rehabilitation. DCI has experience in providing its services in rural areas of California where many state facilities are located and healthcare professionals are not readily available.

This Press Release contains or incorporates by reference "forward looking statements" including certain information with respect to plans and strategies of Monarch Staffing Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Monarch Staffing operations that could differ materially from those indicated by such forward looking statements.