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On Assignment Announces Completion of the Sale of its Physician Staffing Segment

CALABASAS, Calif.--(BUSINESS WIRE)--Feb. 3, 2015-- On Assignment, Inc. (NYSE: ASGN) today announced the completion of the sale of Vista Staffing Solutions, Inc. to EmCare, Inc., a subsidiary of Envision Healthcare Holdings, Inc. (NYSE: EVHC). The closing of the sale was effective February 1, 2015.

On Assignment also recently closed the amendment on its credit facility, which allows the Company to move forward without limitation with the previously announced $100 million share repurchase program. This program was authorized by the Board of Directors on January 16, 2015 and will be effective beginning after close of trading two days following the Company’s next release of earnings.

About On Assignment

On Assignment, Inc. is a leading global provider of in-demand, skilled professionals in the growing technology, healthcare and life sciences sectors, where quality people are the key to success. The Company goes beyond matching résumés with job descriptions to match people they know into positions they understand for temporary, contract-to-hire, and direct hire assignments. Clients recognize On Assignment for its quality candidates, quick response, and successful assignments. Professionals think of On Assignment as a career-building partner with the depth and breadth of experience to help them reach their goals.

On Assignment, which is based in Calabasas, California, was founded in 1985 and went public in 1992. The Company has a network of branch offices throughout the United States, Canada, United Kingdom, Netherlands, Ireland, and Belgium. To learn more, visit www.onassignment.com.

Source: On Assignment, Inc.

On Assignment, Inc.
Ed Pierce, 818-878-7900
Chief Financial Officer