Market Overview

TrueBlue Acquires TMP Holdings LTD


Acquisition Strengthens PeopleScout's European Presence and Enhances
Its RPO Offering

TrueBlue (NYSE:TBI), a global provider of specialized workforce
solutions, has, through its PeopleScout business, acquired TMP Holdings
LTD ("TMP"). TMP is a leading provider of Recruitment Process
Outsourcing (RPO), resourcing and recruitment marketing services in the
United Kingdom.

"This acquisition underscores PeopleScout's growing importance to
TrueBlue. It expands our highest margin business in a market that is
growing in the mid-teens and where our own growth has recently exceeded
20 percent," stated CEO Steve Cooper. "TMP establishes a position for us
in the UK, which is the second largest RPO market in the world and one
of the most common markets included in multi-continent RPO deals.
Obtaining a physical presence and referenceable clients in the UK
enhances our ability to compete on multi-continent engagements."

A presentation providing additional details on the transaction has been
posted on the TrueBlue website at
under the investor relations section. Management will provide additional
details about the transaction on its conference call discussing second
quarter earnings results.

About TMP Holdings LTD

TMP Holdings LTD* is a leading independent RPO, resourcing and
recruitment marketing company providing talent solutions to
organizations in the commercial and government sectors in the UK under
its TMP Worldwide and Yocto brands. An award-winning business, TMP is
recognized as a specialist in employer branding and for bringing
creativity and innovation to its talent solutions. Its Bristol delivery
center handles tens of thousands of candidates annually for TMP's RPO
customers working alongside a specialist assessment unit to build
effective selection tools and the London communications delivery center
provides access to research, insight, media planning, technology and
creative services. For more information, please visit

*TMP Holdings LTD is neither owned by, nor otherwise connected with, TMP
Worldwide Advertising & Communications LLC.

About PeopleScout

PeopleScout, a TrueBlue company, is the world's largest RPO provider
managing talent solutions that span the global economy, with end-to-end
MSP capabilities supporting total workforce needs. PeopleScout boasts 98
percent client retention managing the most complex programs in the
industry. The company's thousands of forward-looking talent
professionals provide clients with the edge in the people business by
consistently delivering now while anticipating what's next. Affinix™,
PeopleScout's proprietary talent acquisition platform, empowers faster
engagement with the best talent through an AI-driven, consumer-like
candidate experience with one-point ATS and VMS integration and single
sign-on. Leveraging the power of data gleaned from engaging millions of
candidates and contingent associates every year, PeopleScout enhances
talent intelligence for clients across more than 70 countries with
headquarters in Chicago, Sydney and London and global delivery centers
in Charlotte, Toronto, Montreal, Bristol, Krakow, Gurgaon and Bangalore.
For more information, please visit

About TrueBlue

TrueBlue (NYSE:TBI) is a leading provider of specialized workforce
solutions that help clients achieve business growth and improve
productivity, while connecting approximately 740,000 people with work in
2017. TrueBlue's PeopleReady segment offers industrial staffing
services, PeopleManagement offers contingent and productivity-based
on-site industrial staffing services, and PeopleScout offers Recruitment
Process Outsourcing (RPO) and Managed Service Provider (MSP) solutions
to a wide variety of industries. Learn more at

Forward-Looking Statements

This document contains forward-looking statements relating to our plans
and expectations, all of which are subject to risks and uncertainties.
Such statements are based on management's expectations and assumptions
as of the date of this release and involve many risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied in our forward-looking statements including: (1)
national and global economic conditions, (2) our ability to successfully
complete and integrate acquisitions, (3) our ability to successfully
operate internationally, (4) our ability to attract and retain
customers, (5) our ability to maintain profit margins, (6) new laws and
regulations that could have a material effect on our operations or
financial results, (7) our ability to attract sufficient qualified
candidates and employees to meet the needs of our customers, and (8) our
ability to successfully execute on new business strategies and
initiatives such as the leveraging of mobile technology. Other
information regarding factors that could affect our results is included
in our Securities Exchange Commission (SEC) filings, including the
company's most recent reports on Forms 10-K and 10-Q, copies of which
may be obtained by visiting our website at
under the Investor Relations section or the SEC's website at
We assume no obligation to update or revise any forward-looking
statement, whether as a result of new information, future events, or
otherwise, except as required by law. Any other reference to future
financial estimates are included for informational purposes only and
subject to risk factors discussed in our most recent filings with the

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