Kforce, Hall Kinion & Associates Agree to Merge

Tampa, Fla. – (Dec. 23, 2003) – Financial, accounting and IT staffing concerns Kforce Inc. and Hall, Kinion & Associates Inc. have agreed to merge, a union that would create an 80-offfice company with aggregate revenues of $650 million.

Under the terms of the merger agreement, Kforce will acquire all of the shares of Hall Kinion stock in exchange for shares of Kforce common stock.

The consolidated entity will have a staff of roughly 1,400 with 8,000 consultants on assignment at more than 3,000 clients.  The corporate headquarters will remain at Kforce’s location in Tampa.

— WebCPA staff

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