- 21 June, 2006 -

As a result of the improving economy and job market, Spherion Corporation (NYSE: SFN), one of the nation's largest recruiting and staffing companies, recently announced plans to expand its services in specific markets nationwide through franchise ownership. "As the economy strengthens and the job market continues to improve across the country, companies are in need of Spherion's expertise now more than ever," said Roberta Marcantonio, vice president of market expansion for Spherion. "We are in the fortunate position to be able to target markets and business landscapes where companies are seeking staffing solutions and entrepreneurs are interested in new opportunities through franchise ownership." Spherion is targeting a number of markets for franchise expansion, including Huntsville, Alabama; Fayetteville, Arkansas; Boise, Idaho; Ft. Wayne, Indiana; Portland, Maine; Roanoke, Virginia; and Grand Rapids, Michigan. "Each of the new markets we are entering presents a unique business case for expansion," Marcantonio added. "In some, companies are experiencing a tight job market with few qualified workers. Others are finding a robust job market and need to rely on the expertise of a company like Spherion to pare down the number of candidates in order to identify and choose the right talent." The total investment costs for a Spherion franchise opportunity vary. The estimated initial startup requirements range from $57,500 to $135,700 for licenses, including working capital. Spherion provides franchise owners with an industry-leading franchise development and support system offering a comprehensive on-site, online and classroom-based training program, marketing programs, business planning and account development and ongoing support. Spherion Corporation Spherion Corporation is a leader in the staffing industry in North America, providing value-added recruiting, staffing and workforce solutions. Ranked as one of the top franchise opportunities by Entrepreneur Magazine and Franchise Times, Spherion has helped companies improve their bottom line by efficiently planning, acquiring and optimizing talent since 1946.

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