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Volt Information Sciences Inc. to Sell Assets to IQNavigator

Volt Information Sciences News Release (01/08/14)

Volt Information Sciences Inc. has announced that it has signed a definitive agreement with IQNavigator to sell its vendor management system software and related assets of its wholly owned VMS subsidiary, ProcureStaff Technologies Ltd.

“This sale reduces Volt’s investment in a noncore business while enhancing our world-class staffing services and managed services provider businesses as we reshape our business to generate greater long-term shareholder value,” says Ron Kochman, president and chief executive officer of Volt Information Sciences Inc.