SOS STAFFING SERVICES INC
8-K, EX-99.1, 2001-01-12
HELP SUPPLY SERVICES
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FOR IMMEDIATE RELEASE:     January 3, 2001

CONTACT:   Kevin Hardy                            Madeleine Franco
           Chief Financial Officer                Jordan Richard Assoc.
           SOS Staffing Services, Inc.            801-268-8610
           801-484-4400                           [email protected]
           [email protected]

             SOS STAFFING SERVICES, INC. ANNOUNCES SALE OF INTELIANT
                       CORPORATION'S CONSULTING DIVISION

SALT LAKE CITY,  UTAH--SOS  Staffing  Services,  Inc.  (NASDAQ/NMS:  SOSS) today
announced  the sale of Inteliant  Corporation's  consulting  division to Herrick
Douglass,  Inc. (Seattle),  a privately held information  technology  consulting
company. Inteliant Corporation is a wholly owned subsidiary of SOS, specializing
in information  technology  consulting,  staffing and outsourcing services.  The
consulting   division   represented  about  38%  of  Inteliant's   revenues  and
approximately  9% of SOS's  consolidated  revenues  for fiscal  year  2000.  The
transaction closed on December 29, 2000.

"The  transaction is a good fit for the business and its employees.  The sale of
the IT  consulting  division  will allow SOS to focus on its core  competency of
staffing,  while  continuing to provide  staffing and project services to the IT
segment through Impact,  the retained  portion of Inteliant," said JoAnn Wagner,
chairman, president and chief executive officer of SOS.

Charles  Herrick,  president of Herrick  Douglass,  Inc., said, "The addition of
Inteliant's consulting division business and talented employee base will provide
critical mass to our growth strategy.  Inteliant's  consulting  division service
offerings are  complementary  to our existing  business.  The unification of the
companies  will make us one of the  West's  finest  information  technology  and
software implementation consulting companies."

SOS Staffing Services,  Inc., with its subsidiaries and divisions, is a provider
of   commercial   and   information   technology   staffing,   outsourcing   and
employment-related  services,  operating  through a network of approximately 150
offices.

                                    - more -

IMPORTANT NOTE:  Statements in this press release that are not purely historical
are  forward-looking  statements  within the meaning of the  Private  Securities
Litigation Reform Act of 1995. Such statements  encompass the Company's beliefs,
expectations,  hopes  or  intentions  regarding  future  events.  Words  such as
"expects,"  "intends,"  "believes,"  "anticipates,"  "likely" and other words of
similar meaning also identify  forward-looking  statements.  All forward-looking
statements included in this release are made as of the date hereof and are based
on information  available to the Company as of such date. The Company assumes no
obligation to update any forward-looking  statement.  Readers are cautioned that
all  forward-looking  statements involve risks,  uncertainties and other factors
that could cause the Company's  actual results to differ  materially  from those
anticipated in such statements,  including: the Company's ability to attract and
retain  the  staff,  temporary  and  other  employees  needed to  implement  the
Company's  business plan and to meet customer  needs;  the Company's  ability to
integrate the operations of acquired businesses; economic fluctuations; existing
and emerging competition; and changes in demand for the Company's services. Risk
factors,  cautionary  statements  and  other  conditions,   including  economic,
competitive,  governmental,  and  technology  factors,  which could cause actual
results to differ from the Company's  current  expectations are discussed in the
Company's Annual Report on Form 10-K and other reports filed with the Securities
and Exchange Commission.

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