HOUSTON, March 10 /PRNewswire/ -- CORESTAFF, Inc. (Nasdaq: CSTF), one of
the largest national providers of information technology and staffing
services, today announced that it acquired a 20 percent interest in HTI
Communications, Inc. (HTI), a new company formed to participate in the inbound
and outbound teleservicing industry.  In connection with this investment,
CORESTAFF Services obtained the right to provide all of HTI's staffing needs
on a preferential basis.  The other stockholders of HTI are First Union
Capital Partners, the investment banking arm of First Union National Bank of
North Carolina, N.A., and two private equity firms, Austin Ventures and
Harvard Partners.
    HTI has a 49 percent interest in CallTask, a joint venture that provides
reservation teleservices for LaQuinta Hotels.  HTI is also constructing a call
center in Salt Lake City capable of supporting up to 400 teleservicers.
    Commenting on the transaction, Michael T. Willis, CORESTAFF's president
and CEO, stated, "Teleservicing is a high-growth industry that is a large user
of supplemental staffing.  CORESTAFF's investment in HTI is a very attractive
entry into this industry.  We believe there are tremendous opportunities for
CORESTAFF Services to provide staffing services to this growing market at
attractive margins."
    Willis further stated, "As we previously indicated, CORESTAFF is committed
to establishing a position in the teleservicing industry and is actively
looking for businesses that can be vertically integrated into its core
businesses."
    Established in 1993, CORESTAFF, Inc. has quickly become one of the largest
national providers of information technology and staffing services through its
two key operating units: COMSYS Information Technology Services and CORESTAFF
Services. The company, with pro forma revenues in excess of $750 million,
operates 150 branches across the United States and has operations in the
United Kingdom.

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