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Tuesday, 04/18/2006 8:04:47 AM

Tuesday, April 18, 2006 8:04:47 AM

Post# of 353150
MSSI , an established provider of medical
personnel, technology services and homeland security products to
government and commercial clients, is pleased to announce financial
results for the year ended December 31, 2005.
For the fiscal year ended December 31, 2005, the company reported
revenues of $12,345,585, an increase of 83%, as compared to revenues
of approximately $6,734,564 for the fiscal year ended December 31,
2004. The increase in revenues in 2005 was attributable to the
acquisition of Nurses Onsite Corp.
Gross profit for the year ended December 31, 2005, was $3,966,372,
or 32% of revenues, as compared to gross profit of $1,715,963 or 25%
of revenues, for the year ended December 31, 2004.
Additionally, for the year ended December 31, 2005, the company
reported operating expenses of $5,385,796 or 44% of revenues, as
compared to $3,480,057 or 52% of revenues for the year ended December
31, 2004. The decrease in operating expenses as a percentage of
revenues can be attributed to increased efficiencies resulting from
the acquisition of Nurses Onsite Corp.
MSSI had a net loss of $1,827,114 for the year ended December 31,
2005, compared to a net loss of $2,111,663 for the year ended December
31, 2004. The decreased loss of $284,549 can be attributed to a focus
on higher margin sales.
MSSI's President and CEO, Dr. B.B. Sahay, stated, ''Our record
revenue performance in 2005, coupled with our improved bottom line is
proof positive that our winning business model is being executed by a
great management team." Dr. Sahay continued to say, "With the
acquisition of Nurses Onsite Corp., the company continues to grow both
organically and through strategic acquisitions that provide us with a
robust revenue-generating base. It is our intention to control costs
and continue growing the company in the months and years to come."
For all future Medical Staffing Solutions investor relations
needs, investors are asked to visit the Medical Staffing Solutions IR
Hub at http://www.agoracom.com/IR/MedicalStaffing where they can post
questions and receive answers within the same day, or simply review
questions and answers posted by other investors. Alternatively,
investors are able to e-mail all questions and correspondence to
MSSI@agoracom.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real
time.

About MSSI-TeleScience

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.

About Nurses Onsite Corp.

www.nurses-prn.com

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.

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.



KEYWORD: NORTH AMERICA VIRGINIA UNITED STATES
INDUSTRY KEYWORD: GOVERNMENT HEALTH HOSPITALS PROFESSIONAL SERVICES FINANCE HUMAN RESOURCES EARNINGS
SOURCE: Medical Staffing Solutions, Inc.


CONTACT INFORMATION:
Medical Staffing Solutions, Inc.
Reeba Magulick, 703-637-3244
or
Investor Relations:
AGORACOM Investor Relations
http://www.agoracom.com/IR/MedicalStaffing
MSSI@Agoracom.com


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