MCGI has had a very active couple of days. They recently announced the signing of a letter of intent to acquire StaffMD a leading online job posting website in the physician staffing industry.
Commenting on the proposed transaction Mr. Sisk noted: "I am a big believer in the strategy of MCGI and I am looking forward to being a part of the Company. I believe that there is a lot of opportunity to grow StaffMD and to implement and grow the other brands that MCGI is looking to acquire. A substantial amount of my selling price is in MCGI stock so I will be vested in the future success of the Company and I will work hard to make sure StaffMD continues to prosper."
Commenting on the proposed transaction for MedCAREERS GROUP, CEO R. Bryan Crutchfield commented: "StaffMD is a leading company in the job posting space that has been built over the last ten years. Jeff Sisk has done a great job and to be able to attract someone of his pedigree along with the StaffMD business is a huge endorsement of our strategy. Physicianwork.com is an extremely strong brand as evidenced by the 2007 New England Journal of Medicine survey results and should be a tremendous asset for MedCAREERS Group to control."
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MedCareers Group, Inc. provides event planning services. The company engages in the planning and execution of medical meetings and educational programs for nurses, physicians, pharmacists, and other healthcare professionals.
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