Temp Holdings and Kelly Services Enter Joint Venture

July 25, 2012 – Temp Holdings Co., Ltd. and Kelly Services, Inc. have entered into a joint venture agreement to expand both companies' presence in North Asia. The joint venture, TS Kelly Workforce Solutions, will be headquartered in Hong Kong and will be effective October 2012. Under the terms of the agreement, Toshio Saburi, executive managing director of Temp Holdings Co., Ltd., will be appointed chief executive officer. “The joint venture with Temp Holdings confirms Kelly's commitment to strengthening our talent supply chain in the rapidly growing North Asia market,” said Carl Camden, president and CEO, Kelly Services. “Many of our global clients have a strong presence in this market and are seeking diversified workforce solutions that offer them a competitive edge. Collaborating with Temp Holdings provides us the flexibility to not only expand our solution offerings, but to customize them to the local market.”