Noor Staffing Group Acquires Corporate Resource Development

NEW YORK, Feb. 27, 2015 /PRNewswire/ -- Today, Habib Noor announced that Noor Staffing Group, LLC has entered into an agreement to purchase all assets of Corporate Resource Development, Inc. (CRD). CRD is a subsidy of Corporate Resource Services Inc. (CRS), listed onNASDAQ:CRRS.  The announcement was warmly greeted by the New York headquarters staff of CRD.  

Habib Noor is the sole owner of SearchPoint, Noor Staffing Group, Ideal Talent Solutions and GHG group of companies. These staffing and recruiting firms serve a diverse set of national and local clients including federal and state agencies, operating in 26 states.  Habib Noor has been a veteran leader in the recruiting and staffing industry since 1995 and has extensive experience acquiring financially stressed companies. In 2011, Mr. Noor purchased the GHG group of companies, a distressed company; by 2014 it was listed as the 9th fastest growing company in central Pennsylvania. Noor Staffing Group will bring financial stability, improved business operations and a dedication to excellence to CRD's list of over 300 valued clients and 1,500 internal and contingent employees, nationwide through seven offices.  

Mr. Habib Noor stated: "As a veteran of the staffing industry, we are bringing both financial and operational order to this stressed company; we are positioned to do so due to our financial diligence, stability and also our experience. We are implementing a plan to ensure the continuity of business operations and payroll for all internal and contingent employees. We will continue to support and serve all of CRD's current clients without interruptions while working diligently to secure their continued trust."

www.noorinc.com

CONTACT:  Jacob Eletto, 212-812-3389

SOURCE Noor, Inc.

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