American Crystal acquires TAC Worldwide Companies

American Crystal Inc., (ACI) the U.S. subsidiary of Crystal Co. Ltd. of Kyoto Japan, the sixth largest staffing company in the world, announced today the acquisition of all outstanding shares of TAC Worldwide Companies (TWC) of Dedham, MA. As a thirty six year leader in technical staffing services, TWC specializes in information technology and engineering staffing solutions in a variety of industries including high tech, automotive, aerospace and oil/gas in the U.S. and Europe.



This merger is part of Crystalís continuing globalization goal and marks entry into the high tech marketplace in the U.S. and U.K. TAC Worldwide CEO Gary DiCamillo commented the alignment with American Crystal provides TWC with substantial growth opportunities through a network of technical staffing resources on three continentsî. Mr. DiCamillo will remain CEO of TWC and additionally has been appointed CEO of American Crystal, Inc., the groupís common U.S. parent. Mr. DiCamillo will be responsible for all operations in the United States and Europe and will oversee comprehensive business development and customer/contractor services.

American Crystalís acquisitions over the past 28 months include Houston based Talent Tree and Skillmaster Staffing, Advantage HR of Stamford, CT., and Monroe, LA. based WillStaff Worldwide as well as London based Crone Corkill and FSS businesses in the UK. With the addition of TAC Worldwide and TAC Europe to the U.S. and U.K. Groups, Crystalís western hemisphere based revenues is well over $1 Billion and opens new business and customer opportunities to its subsidiary companies.

Strategic advisor to Crystal Co. and ACI was Chad Lincoln of Esprit Capital Advisors. Robert W. Baird & Co. was financial advisor to TAC Worldwide Companies.

For more information regarding TAC Worldwide and other American Crystal companies contact: Carol LaRosa, McDougall & Duval at (978) 388-3100.