SOURCE: Managed Staffing

January 25, 2008 16:36 ET

Managed Staffing Launches Rapid Transition Services Team for Companies and Employees Affected by Axium Bankruptcy

Designed to Ease Transition for Payroll and Compliance

DALLAS, TX--(Marketwire - January 25, 2008) - Managed Staffing, a national provider of vendor managed services, announced today that it has established a Transition Services Team (TST) to provide a seamless transition model for companies and employees affected by the sudden closing of Ensemble Chimes Global, an Axium International Company. Chimes Global closed after it filed bankruptcy on January 10th. It was a leader in contingency labor management and payroll services. The unexpected closing left a number of companies and employees without paychecks or payroll services and has placed millions of dollars in payroll deposits and tax monies in limbo.

"Nobody saw it coming. This has left a huge hole in the market for thousands of employees whose payroll was dependent on Chimes," said Ron Abell, Executive Vice President of Managed Staffing. "Our TST is set up to reach out to companies and individuals who have been impacted by the Chimes event, and to help them minimize the disruption in their workforce staffing and payroll operations."

Those companies affected still have payroll and tax liability obligations, and Managed Staffing is positioned to assume immediate responsibility of all 1099's, contract administration and payroll functions. Managed Staffing also offers competitive benefits, vendor-neutral solutions and a comprehensive suite of contingent workforce solutions.

About Managed Staffing

Managed Staffing is based in Irving, Texas and has offices in India. The company was founded in 2007 by an investment and management group that includes executives from Adea Solutions, Inc. www.adeasolutions.com. The company specializes in providing turnkey managed staffing and related support services for VMS programs. Managed Staffing may be contacted at 972-764-1700 or visited at www.managedstaffing.com.

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