Company

PsiNapse named Fastest Growing company on the East Bay Business Times List of “Fast 50 Companies”

Leading Provider of Staffing Services, Ranks #1 on the 2008 List

Pleasanton, CA – September 12, 2008

PsiNapse, a leading provider of staffing services, today announced it ranks #1 on the East Bay Business Times 2008 List of “Fast 50 Companies”  the 50 fastest-growing private companies in the East Bay Area.  A stunning growth rate of over 300% in the last three years placed PsiNapse at the top of the charts.

The East Bay Business Times list of “Fast 50 Companies” is comprised of privately held companies headquartered in the San Francisco Bay Area counties of Alameda, Contra Costa, and Solano, and is based on percentage change in net revenue from FY 2005 to FY 2007.

In its September 12th issue, the Magazine featured the winners of its Fast 50 list.  The article about PsiNapse charts the growth of the company and features an interview with the company’s President and CEO, Sylvia Luneau.

When asked for the key reasons for PsiNapse’s  stunning growth, she outlined that:

1. Having a strong understanding of your financials” “In staffing, certainly cash flow is a critical element to making a business run  You need to have a vision of where the money is.”
2. Building and maintaining business and mentor networks.  “They help with strategic decisions.  They help with confidence and give you a stronger understanding of what the industry is doing overall.  It’s all about information, really.”

The success of PsiNapse is due in large part to its drive and focus on providing quality customer service to both its clients and its candidates.  “I know that we have an offering that is different” she says,  “Our culture of providing a softer touch, makes PsiNapse standout”

2008 continues to be a banner year for PsiNapse, as the company was recently recognized on the 2008 Inc. 5000, which celebrates the fastest-growing private companies in America.

About The East Bay Business Times
The East Bay Business Times is one of the 41 business journals, and part of the American City Business Journals, the Nation's largest publisher of metropolitan business newspapers. American City metropolitan business newspapers reach 4 million readers each week with exclusive, in-depth coverage of their business communities. The loyalty of these readers testifies to American City's commitment to top-quality journalism, superior service for advertisers and readers, and active business community involvement.

About PsiNapse
PsiNapse helps "Build your Success - One Placement at a Time". PsiNapse stresses working in the best interest of the client and the candidate. We work hard to represent professionals in the Bay Area and match those professionals with successful, growing companies.  Our customers include well-known and emerging companies covering electronic entertainment, legal, technology, healthcare, and other industries.  PsiNapse is headquartered in Pleasanton, California.