SFN Group Records 26 Percent Revenue Gain

August 3, 2010 – Recruiting giant SFN Group, formerly known as Spherion Corporation,/( (NYSE:SFN) posted second quarter 2010 revenues of $514 million, a 26 percent increase from revenues of $409 million during the same period last year. The Fort Lauderdale-based company recorded net income of $2.9 million, or five cents a share, compared with earnings of $0.4 million, or a penny a share, in the prior-year period. “Industry trends continue to be positive and we are optimistic about the second half of 2010 as clients increasingly recognize the value of our services in this uneven economic recovery,” said Roy Krause, president and CEO. “The market opportunity for our business is strong and our strategy is aligned with capitalizing on those opportunities. We are executing our strategy and continued economic improvement coupled with our operating effectiveness is allowing us to deliver improving financial results, including expanded adjusted EBITDA margins.”