i.task Inc. acquisition of Xela HRS

    OAKVILLE, ON, Jan. 5 /CNW/ - i.task Inc., an enterprise focussed on
strategic business planning, acquisitions, mergers, divestitures and
succession planning have announced that it has signed a definitive agreement
to acquire the assets of XELA HRS, an industry leading executive recruiting,
career placement and professional employment counselling, mentoring firm. Xela
HRS provides market expertise in the areas of Pharmaceuticals, Medical &
Health Care, Construction and Environmental Science Industries. Additional
markets focus includes Industrial, Wholesale Distribution, Advertising Media
and Merchandising.
    Based in Toronto, Xela HRS has offices in Halifax, Nova Scotia, combined
with an extensive reach of recruitment search, placement and partnering
relationships throughout North America. Xela HRS web based enterprise and
proprietary supporting software enable their clients to stage gate their
internal processes associated with human resource capital across multiple
geographies and jurisdictions within Canada.
    "Xela HRS is a tremendous fit with the i.task Inc. business," as reported
by Rae Townsend, President and CEO of i.task Inc. "Through historical
evidence, Xela HRS has demonstrated itself as a valued recruitment solutions
provider, across multiple fields of market discipline."
    "The integration of Xela HRS into i.task Inc. is an enhanced win for our
own business," said Bob Landry, General Manager of Building Boss Inc.,
"expanding the valued client service offerings in areas of job placement,
restructuring, employee counselling, resume writing and the repositioning of
employees through career development and training, representing a supportive
choice of services for our own business."

For further information:

For further information: Mr. Bryce Carter, Executive VP/GM @ i.task
Inc., 2020 Winston Park Drive, Suite 100, Oakville, Ontario, L6H 6X7,
Telephone: (905) 257-8466, or email: bcarter@itask.ca

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