MSSI Receives Notice of Texas Contract Extension and
Expansion
MSSI (OTCBB:MSSI), an established provider of medical personnel, technology services and homeland security products to government and commercial clients, has received notice of contract extension and expansion in Texas, through its wholly-owned subsidiary, Nurses Onsite Corporation (NOC, previously doing business as Nurses PRN).
Broadlane Inc., one of NOC`s largest clients, informed NOC that the company`s existing contract to service 21 hospitals in the Dallas and Houston markets will be extended another year and expanded into Nacogdoches, Texas. Broadlane has added two new facilities in Nacogdoches, a city southeast of Dallas. The contract will be serviced by NOC.
"It is nice to see that our Texas hospitals are pleased with our service levels and have extended our contract for another year," said Dr. Sahay, President and CEO of MSSI. "The nursing shortage is extremely acute in Texas and represents a significant opportunity for us. The new facilities in Nacogdoches allow us to continue our strategy of building out business around existing locations."
Robert Murphy, President of NOC said, "The continued growth of our two Texas offices is attributed to the client satisfaction achieved in those markets. This new contract renewal and expansion is an example of that satisfaction. It also strengthens our presence in Texas and lays the groundwork for further penetration into surrounding markets. Our Dallas and Houston team did a great job."
More information about MSSI-TeleScience International, Inc. may be found at: www.telescience.com.
More information about Nurses PRN may be found at: www.nurses-prn.com.
For MSSI-TeleScience inquiries, e-mail: investmentrelations@telescience.com.
About MSSI-TeleScience
In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies and to the private sector. The company`s Medical Services Division has operations in 22 states servicing hospital and medical facilities with a complete range of medical staff, including doctors, nurses and technicians. The company holds multiple long-term contracts, including those with the U.S. Army, the U.S. Department of Health and Human Services and the state of California.
The company`s Technology Division provides systems integration and information technology services to the federal government, as well as emergency equipment, decontamination products, vehicles and supplies to state and local governments.
MSSI-TeleScience International currently has over 200 employees and continues to grow its staff and contracts. For more information, visit the company`s website at www.telescience.com.
About Nurses Onsite Corp.
Nurses Onsite is a provider of nurse staffing services to acute care facilities nationwide. The company operates a network of 13 staffing locations in 9 states, serving over 200 hospitals. These locations primarily focus on placing per diem nurses on an "as needed" basis to hospitals facing a critical shortage of staff nurses. Based in West Palm Beach, Florida, Nurses Onsite employs over 1,200 nurses and 30 executive, management and administrative staff. Having grown organically since inception in 2002, the company has been invited into new markets by some of the nation`s largest hospital chains because of its cost efficient streamlined delivery model.
Nurses Onsite plans to expand services rapidly by leveraging its recruiting technology in the recently launched National Recruiting Center. For more information, visit the company`s website at www.nurses-prn.com.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements`` as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MSSI-TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand, market acceptance of our services and changes in our business strategies.
MSSI-TeleScience International, Inc.
Reeba Magulick, 703-637-3245
Source: Business Wire (December 14, 2005 - 8:32 AM EST)
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