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Volt Information Sciences, Inc.
VISI (the "Company") today
announced that it has completed the sale of Volt Directories S.A. Ltd.
and Tainol S.A., its Uruguayan publishing and printing subsidiaries, to
affiliates of FCR Media Group, a leading local search provider in 11
European countries that provides expertise in online and off-line
advertising. The divestitures are part of the Company's previously
announced strategy to improve its financial performance through
divestitures of its non-core businesses. Terms of the transaction were
not disclosed.
"Similar to the sales of our computer systems and vendor management
software businesses, these divestitures enable us to better focus our
attention and resources on opportunities within our world-class core
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