Eagle Professional Resources Inc.

Eagle Professional Resources Inc.

March 14, 2005 09:10 ET

Eagle Has Solid Second Quarter! Continued Profitability, Steady Growth and More Recognition for Canada's Leader in IT Staffing


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: EAGLE PROFESSIONAL RESOURCES INC.

MARCH 14, 2005 - 09:10 ET

Eagle Has Solid Second Quarter! Continued
Profitability, Steady Growth and More Recognition for
Canada's Leader in IT Staffing

OTTAWA, ONTARIO--(CCNMatthews - March 14, 2005) - Eagle Professional
Resources Inc. (Eagle) announced second quarter financial results for
the period ended February 28, 2005. Revenues for the quarter were $21
million, up 5% over the previous quarter and meeting company
expectations. All of Eagle's business indicators showed growth over the
previous quarter including a material increase in contractors on
assignment, which has also increased for the second consecutive quarter.
Once more, Eagle met its mandate to remain profitable, posting its 34th
consecutive profitable quarter.

Exciting news for Eagle this quarter included yet again being named one
of Canada's 50 Best Managed Companies. This is the sixth consecutive
year that the company has been honoured with this recognition. Eagle
also embarked on a journey to attain ISO 9000 certification. A
significant amount of time and money is being invested in this project
to achieve this internationally recognized certification, and is
evidence of Eagle's ongoing commitment to continual improvement.

"Two consecutive quarters of growth and positive market indicators that
we have turned the corner to a better economy, are good news for Eagle,"
said Kevin Dee, Eagle's CEO. "We have excelled through the poor economy
and are pumped to be entering a period that will result in significant
growth and a far healthier business environment for our industry. It
will be nice to face the challenges of serious growth, as opposed to the
issues of recession!"

About Eagle

Eagle is a 100% Canadian owned Information Technology (IT) staffing
company with offices across Canada. Founded in 1996, Eagle is widely
recognized as a national leader in the IT staff augmentation field and
is an active member in industry organizations such as ACSESS. Eagle is
noted for its team-based, highly ethical business practices highlighted
by being named one of Canada's 50 Best Managed Companies for six
consecutive years. To learn more about Eagle and its network of offices,
please visit www.eagleonline.com or call toll-free 1-800-95-NESST
(63778).

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Eagle Professional Resources Inc.
    Lisa Murray
    Marketing Communications Specialist
    (613) 234-1810 Ext. 3225
    Toll Free: 1-888-798-8181 Ext. 3225
    lisa_murray@eagleonline.com