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1511 N. Westshore Blvd, Suite 900 Tampa, Florida 33607 (813) 830-7700 www.ablest.com |
FOR IMMEDIATE RELEASE
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SYMBOL: | AIH | ||
Monday, April 24, 2006
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TRADED: | AMEX |
ABLEST INC. ADDS TO MANAGEMENT TEAM
TAMPA, Fla., Apr. 24 — Ablest Inc. (Amex: AIH), a leader in staffing and professional
services, today announced the appointment of John Horan as Vice President and Chief Financial
Officer. Mr. Horan, 44, will join Ablest effective May 15, 2006.
Kurt R. Moore, president and chief executive officer, said, “John’s extensive service
organization leadership will serve us well as Ablest continues to expand and grow our branch office
network and geographic reach.” Mr. Moore added, “His reputation for integrity, innovation and
people development will help us seize opportunities and reach our goals.”
Mr. Horan was previously with Certegy (formerly Equifax) from 1998 to present as vice
president. From 1993 to 1998 he was with Salomon Brothers Inc., where he was vice president —
emerging markets support. A graduate of Manhattan College with a bachelor’s degree in business
administration, Mr. Horan earned an MBA from Fordham University and he is also a certified public
accountant.
Effective May 15, 2006, Charles Heist will resign as acting Chief Financial Officer, but will
remain as Chairman of Ablest.
About Ablest
Ablest is a leader in workforce services, creating and delivering local solutions that enable
companies to compete and win in an ever-changing business world. Services are provided through its
Staffing Services and Professional Services Divisions. Staffing Services offers customers a range
of employment services in the office and light industrial sectors including employee assessment and
selection, training, managed services and vendor-on-premise (VOP) programs. Professional Services
offers employment and consulting services in the Information Technology and Finance and Accounting
sectors. The focus of Ablest’s Services is on improving customer performance in the areas of
quality, efficiency and cost-reduction across their total workforce. Ablest supplies more than
37,000 field employees and consultants to approximately 2,000 businesses annually through 56
locations in the Eastern and Southwestern United States.
Statements made in this news release, other than those concerning historical information,
should be considered forward-looking and subject to certain risks and uncertainties, which could
cause actual results to differ materially from those projected. Readers should carefully review and
consider disclosures, including periodic reports on Forms 10-K and 10-Q filed with the Securities
and Exchange Commission, which attempt to advise interested parties of the factors which affect the
company’s business.
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SOURCE:
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Ablest Inc. | |
CONTACT:
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Kurt R. Moore, President and Chief Executive Officer | |
| 813/830-7700 or kmoore@ablest.com/ |