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Helios HR Acquires Key Competitor

Posted on November 6, 2006

Helios HR Acquires Key Competitor
Two of the Region’s Leading HR Outsourcing Firms Combine to Form Next Generation HR Solutions Provider

RESTON, VIRGINIA (November 6, 2006) – Helios HR, LLC, a leading provider of outsourced human resource services and consulting, today announced that it has acquired Talent Advantage (dba HR Advantage, LLC). The transaction adds expanded technology and recruiting capabilities to Helios HR’s existing portfolio of services. The combined organization will be one of the largest HR outsourcing and consulting firms in the Washington metropolitan region. All clients will benefit from the enhanced service offerings that these two market experts mutually deliver.

“The synergies that we share as a combined organization strengthen our position as the preferred HR consulting services provider for small to mid-size businesses,” says Kathy Albarado, President of Helios HR.” The acquisition not only results in expanded services and delivery execution to our clients, but also enhances their ability to create a culture that attracts, retains and engages an exceptional workforce, enabling them to achieve their business goals.” Ethan Gill, former President of HR Advantage LLC, will bring his outsourcing and consulting experience to Helios HR, serving as Managing Principal where he will manage the firm’s strategic and market development initiatives.

“Sustainable competitive advantage in business does not come from cost cutting or improvements in process efficiency. The lasting edge comes from maximizing the performance of your workforce and making them as effective as possible.” stated Gill.” As a combined entity, we share a common vision and passion for this market and will continue to deliver to our clients HR services that drive the competitive advantage and performance of their businesses.”

About Helios HR

Helios HR provides comprehensive services to facilitate human resources departments and capabilities that enable organizations to achieve their business goals. Helios HR partners with its clients to help them enhance their workplace culture, ensuring maximum employee engagement and retention in order to meet organizational objectives. Our diverse delivery models include HR Outsourcing, Hourly Consulting, Interim HR Management, and the Direct Placement of HR Professionals. Additional information is available at www.helioshr.com.

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