nextSource Announces Strategic Alliance With HR Dynamics

NEW YORK - May 18th 2010 - nextSource Inc., a leading provider of innovative, procurement based workforce management solutions designed to help companies manage their contract workers and other human capital needs, today announced an agreement to partner with HR Dynamics Inc. HR Dynamics is a human resource management consulting, staffing and outsourcing firm established in 1997 that provides cost effective best practices in human resources management and staffing services. This strategic alliance will provide customers with the combined benefits of nextSource’s industry leading MSP/VMS services and their extensive experience in providing procurement solutions and HR Dynamics’ leadership in the HR consulting, outsourcing and staffing fields.

“This is a unique opportunity for nextSource to build an alliance with HR Dynamics that allows us to leverage the strengths and relationships of our individual companies in bringing a consolidated service offering the healthcare VMS and Healthcare Staffing markets,” said Joseph Musacchio, President and CEO of nextSource.

“We believe that this alliance will help us offer our clients a complete end to end solution as they look for additional value in the recruitment and management of their contingent and direct workforces,” said Sam Husney, President of HR Dynamics.

About nextSource

nextSource, headquartered in New York City, offers a Software for Service platform encompassing its innovative workforce management solutions that provides a single source, end to end solution for corporate customers for all their staffing and human resources needs. The platform includes TAMS, an industry leading VMS software, MSP services, The People Ticker™ a real-time online rates and salaries resource, The Multiple Listing Staffing Association™ (MLSA), an industry-wide agency exchange, CertifiedPerson, a candidate pre-employment screening application, Payrolling as well as Procurement Consulting Services all under one roof.

About HR Dynamics

HR Dynamics, a subsidiary of F·E·G·S Health and Human Services System headquartered in New York City, provides end-to-end custom solutions for all human resources management needs; including HR outsourcing, consulting and staffing services to the non-profit sector and for-profit business communities with a strong emphasis in health care and human services. We respond to temporary and permanent workforce management and human resource requirements with a team of professionals and technology to handle any organization’s needs regardless of size. Our subject matter experts in every functional area of human resources help drive business results with speed, efficiency, and cost effectiveness.