Corporate Resources Services Acquires Tri-Diamond Staffing

January 12, 2011 – Corporate Resource Services, Inc., a national provider of temporary and permanent staffing services, has entered into a definitive agreement to acquire Tri-Diamond Staffing Inc. from an affiliate of Tri-State Employment Services, Inc. The purchase price is approximately $25 million which will be paid through the issuance of 29,411,765 shares of the company's common stock. “We are excited by the size and quality of this acquisition,” said Jay H. Schecter, CEO of CRS. “The inroads Tri-Diamond has made nationally, together with the quality of its management, provide another opportunity for CRS to grow aggressively.”

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