Message #6 From:
NewsBot Date: December 7, 2005 07:50:00 AM
MSSI News MSSI Appoints Robert Murphy as Chief Operating Officer
VIENNA, Va.--(BUSINESS WIRE)--Dec. 7, 2005--MSSI (OTCBB:MSSI), an established provider of medical personnel, technology services and homeland security products to government and commercial clients, announced today the appointment of Mr. Robert Murphy to Chief Operating Officer of MSSI, effective January 1, 2006.
Mr. Murphy will be in charge of the operations of MSSI. MSSI currently operates through its two wholly-owned subsidiaries, Nurses Onsite Corp. (NOC), formerly doing business as Nurses PRN, LLC (NPRN), and TeleScience International, Inc. (TII). NOC primarily services MSSI's commercial customers, and TII primarily services MSSI's government customers through its Medical Systems and its Technology Divisions. In his new role, Mr. Murphy will be responsible for the operations of both subsidiaries.
Prior to being acquired by MSSI, Mr. Murphy's company, NPRN, grew into a $26 million operation from its inception in July 2002. NPRN spun off approximately half of its operations to a private equity group in December 2004 and the remainder was acquired by MSSI earlier this year. NOC currently services the top three hospital chains in the country: HCA, Tenet and Catholic Health West, as well as smaller chains and independent hospitals.
From 1987 to 1994, Mr. Murphy built his prior health-staffing firm, CareMed Management Systems, Inc. (CMS), into one of the largest home health care and medical staffing agencies in South Florida. After selling CMS to National Health Care Affiliates (NHCA) in 1994, he was appointed Vice President of Operations for NHCA, formerly a $136 million temporary nurse staffing and long-term care provider headquartered in Buffalo, New York. In 1996, Mr. Murphy founded and served as President of Staff Force, a traditional staffing and recruiting firm located in South Florida. He sold Staff Force in 2000 to Teleforce, a call center staffing firm also headquartered in South Florida. In July 2002, he founded NPRN, which MSSI acquired in July 2005.
Dr. B.B. Sahay, President and CEO of MSSI said, "Bob Murphy has a proven track record for growing successful companies. He has assembled a team of extremely talented people in Nurses Onsite. I have charged him now with the responsibility of further merging the TII and NOC teams to maximize complimentary talents and identifying economies of scale. I believe that MSSI can benefit greatly from his vision and leadership. Effective January 1st, I am appointing him Chief Operating Officer of MSSI."
Mr. Murphy, current President of NOC said, "I am honored to accept this new role and look forward to engaging immediately in leading the day to day operations of MSSI. Collectively, I believe the talent we have on our teams will provide the depth of expertise necessary to achieve our 2006 goals. We are anxious to get started January 1st."
More information about MSSI-TeleScience International, Inc. may be found at: www.telescience.com.
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.
