FOR IMMEDIATE RELEASE
TEAMSTAFF, INC. AWARDED CONTRACT EXTENSION FOR WORK
WITH DEPARTMENT OF VETERANS AFFAIRS
Somerset, New Jersey - April 18, 2011 -- TeamStaff, Inc. (Nasdaq: TSTF), a leading logistics and healthcare services provider to the Federal Government and Department of Defense announced today that they have been awarded an estimated $8,275,828.69 in fixed-price contract modifications to existing task orders for pharmaceutical services for the Department of Veterans Affairs under the VA Federal Supply Schedule program (FSS 621 I). Work will be performed in Leavenworth, KS; Hines, IL; Charleston, SC; Murfreesboro, TN; and Tucson, AZ. The Veterans Affairs National Acquisition Center, Leavenworth, Kansas, is the contracting activity.
About TeamStaff, Inc.
TeamStaff serves clients and their employees throughout the United States as a full-service provider of logistics and healthcare support services. TeamStaff specializes in providing high quality healthcare, logistics, and technical services to Federal agencies and the Department of Defense. For more information, visit the TeamStaff corporate web site at www.teamstaff.com or the TeamStaff Government Solutions web site at www.teamstaff.com.
This press release contains "forward-looking statements" as defined by the federal securities laws and involve numerous risks and uncertainties. TeamStaff's actual results could differ materially from those described in such forward-looking statements as a result of such risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" in the Company's periodic reports filed with the U.S. Securities Exchange Commission. The information in this release should be considered accurate only as of the date of the release.
Zachary C. Parker,
President and Chief Executive Officer
John E. Kahn,
Chief Financial Officer
1 Executive Drive
Somerset, NJ 08873
Donald C. Weinberger/Diana Bittner (media)
Wolfe Axelrod Weinberger Associates, LLC