Biolife Sciences Inc (BLFE)

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News on Latest Profile INfe Human Resources, Inc. (OTCBB: IFHR)


INfe Human Resources, Inc. (OTCBB: IFHR)

INfe Human Resources Acquires Gilsor Technology, Inc.; Phase 2 of Staffing Industry Roll-Up in High Tech Areas to Commence; Potential to Triple Revenues and Significantly Increase Estimated EBITDA


Roll-Up Acquisition Campaign in $70 Billion Staffing Industry Producing Stellar Growth and Financial Results to Spark Continued Success

LAS VEGAS, NV--(MARKET WIRE)--Apr 26, 2007 -- INfe Human Resources, Inc. (OTC BB:IFHR.OB - News), an innovative staffing company acquiring and accelerating the growth of staffing businesses in high-margin market niches, announced that as a result of its success in the first phase of its staffing industry acquisition campaign that it is expanding the program into higher margin, more technology oriented staffing companies. To kick off this new phase, IFHR is acquiring Gilsor Technology, Inc., a privately held technology staffing company, in an all-equity transaction. Gilsor has letters of intent and indications of interest for several pending acquisitions in the area of technology staffing. Each of these deals has a diverse client base and enjoys strong direct relationships with companies ranging from Fortune 100 Clients to middle-market manufacturing firms. If all Gilsor deals are consummated, IFHR would add over $20 million in Revenue and $2 million in EBITDA on an annualized basis.