CybeRelease: (OTC: IFHR) Doubles Revenue and Profits
(CybeRelease, June 8, 2006) - Lake Harmony, PA - LAS VEGAS, NV - June 8, 2006 - INfe Human Resources, Inc. (OTC BB: IFHR), an innovative staffing company acquiring and accelerating the growth of staffing businesses in high-margin market niches, announced that as a result of its successful roll-up acquisition campaign in the $70 billion staffing industry the company has doubled revenue, more than doubled estimated profits, and achieved a current run rate of $11.7 million in revenue.
INfe Human Resources has grown significantly by acquiring four revenue-generating staffing companies with niche market specialties and complementary services and providing strategic management consulting to improve their performance. The company is producing dramatic results-one division increased sales by 56%, expanded its customer base, lowered turnover, reduced costs and increased service offerings in just twenty weeks after its acquisition.
Earlier this week INfe Human Resources announced its latest transaction, the acquisition of a tri-state staffing and logistics company that generated $5.7 million in revenue last year and has a longstanding relationship with a Fortune 500 customer. INfe Human Resources has identified significant opportunities for profitable expansion both within the company and within its staffing logistics market niche.
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