PORTLAND, Ore., Aug 21 /PRNewswire/ -- Barrett Business Services, Inc.
(Nasdaq: BBSI) reported today that it has acquired certain assets of Cascade
Technical Staffing. The all-cash purchase is effective August 26, 1996.
Cascade, with 1996 revenues estimated to be approximately $2.5 million,
provides technical and light industrial staffing services primarily in the
electronics industry through its Beaverton, Oregon office.
Commenting on the acquisition, William W. Sherertz, Barrett's President
and Chief Executive Officer, stated, "We are pleased with the opportunities
presented by this acquisition to expand our services to Oregon's
rapidly-growing, high-tech industry. The quality and reputation of Cascade
will make a valuable addition to Barrett's presence in the high-tech arena."
Barrett is a provider of professional employer services with offices in
Washington, Oregon, Idaho, California, Maryland and Delaware. Barrett
reported revenues of $179.8 million and net income of $4.1 million for 1995.
SOURCE Barrett Business Services Inc.
CONTACT: William W. Sherertz, President and Chief Executive Officer of Barrett Business Services, Inc., 503-220-0988