People Corporation
TSX VENTURE : PEO

November 14, 2011 09:00 ET

People Corporation (the "Company") Expands Its Benefit Consulting Team With the Addition of Bob Mathur

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 14, 2011) - People Corporation (TSX VENTURE:PEO) announces that Bob Mathur has joined the Company in the capacity of Benefits Consultant with our Ontario HealthSource Plus office.

Prior to joining the Company, Mr. Mathur held a position with Wealth Management Solutions. Mr. Mathur has a BA in Economics and a BA in Political Science, both from McMaster University. He has completed his Canadian Securities Course, Professional Financial Planning, Canadian Investment Funds Course and is a member of the Institute of Canadian Bankers.

"We are excited about the opportunity of recruiting individuals with the kind of drive and skills that Bob Mathur brings to the team. He brings a broad range of expertise and experience that further enhances our ability to provide benefit, HR and pension advisory services to our clients on a national scale," said Bonnie Chwartacki, Executive Vice President of People Corporation.

About People Corporation

People Corporation is a leading employee benefits, group retirement, and HR consulting firm in Canada. With a growing national footprint of fourteen offices, People Corporation is bringing together the leading consultants in the industry, offering innovative and customized HR, benefit and pension solutions to its clients. Additional corporate information is available at www.peoplecorporation.com.

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This news release contains "forward-looking information" within the meaning of applicable securities laws, such as information concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as "may", "will", "expect", "believe", or other words of similar effect may indicate forward-looking information including the completion of the transaction, the impact of that transaction on our earnings and cash flow, and the anticipated benefits of the transaction. This information is not a guarantee of future performance and is subject to numerous risks and uncertainties, including those described in our publicly filed documents (which are available on SEDAR at www.sedar.com). Those risks and uncertainties include: our ability to maintain profitability and manage growth; strong competition from other advisors and changes in the current legislation could result in significant competition from the banking industry; failure of information systems and technology; dependence on key clients; seasonality of revenues and the resulting possible impairment on working capital; reliance on key professionals; additional financing may be required and may not be available under terms favourable to us; there can be no assurance that any suitable future acquisition will be available to us or that, if available, the terms of the acquisition will be favourable to us; and a change in general economic conditions. Many of these risks and uncertainties can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking information made by us or on our behalf. Given these risks and uncertainties, investors should not place undue reliance on forward looking information as a prediction of actual results. All forward-looking information in this news release is qualified by these cautionary statements. This information is made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward looking information, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities.

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