TORONTO, ONTARIO--(Marketwire - Mar 18, 2013) - People Corporation (TSX VENTURE:PEO) (the "Company") is pleased to announce the launch of its Wellness Solutions division under the direction of Ms. Dana Hurst. The Company is partnering with its corporate clients to provide a suite of proprietary products, and service offerings that will help manage increasing costs of absenteeism, presenteeism, and loss of productivity. In addition, the Company''s Wellness Solutions will serve to help our clients attract, reward, and retain their employees.
Ms. Hurst, who will lead the division, holds a Bachelor of Health Sciences from the University of Western Ontario and a post-graduate Diploma in Worksite Wellness & Health Promotion from Centennial College. Prior to joining People Corporation, Ms. Hurst worked with Buffett & Company Worksite Wellness Inc. and with Sun Life Financial Inc. She has a strong passion for promoting work-site wellness and is committed to fostering healthy work environments by providing health and wellness programs and services that emphasize, encourage and support, awareness, prevention and positive health behaviours.
"People Corporation''s Wellness Solutions is just one more component of the unique value proposition offered to our clients in addition to our group benefits, group retirement, and human resource consulting advice," said Ms. Bonnie Chwartacki, Executive Vice President, "It is our goal to serve the needs of our clients and future clients by continuing to elevate the standards of our proprietary solutions, in addition to our full suite of consulting expertise."
About People Corporation
People Corporation is a national provider of group benefits, group retirement and human resource services. We have offices across Canada, each led by a team of experts and backed by the resources of a national company that is traded on the TSX-V. Our industry experts provide uniquely valuable insight while customizing our innovative suite of services to the specific needs of our clients. Whatever your sector, whatever your scale, putting our expertise and proven track record to work will make a difference to your people and your bottom line.
Further information is available at www.peoplecorporation.com.
This news release contains "forward-looking information" within the meaning of applicable securities laws, such as information concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as "may", "will", "expect", "believe", or other words of similar effect may indicate forward-looking information including the completion of the transaction, the impact of that transaction on our earnings and cash flow, and the anticipated benefits of the transaction. This information is not a guarantee of future performance and is subject to numerous risks and uncertainties, including those described in our publicly filed documents (which are available on SEDAR at www.sedar.com). Those risks and uncertainties include: our ability to maintain profitability and manage growth; strong competition from other consultants and changes in the current legislation could result in significant competition from the banking industry; failure of information systems and technology; dependence on key clients; seasonality of revenues and the resulting possible impairment on working capital; reliance on key professionals; additional financing may be required and may not be available under terms favourable to us; there can be no assurance that any suitable future acquisition will be available to us or that, if available, the terms of the acquisition will be favourable to us; and a change in general economic conditions. Many of these risks and uncertainties can affect our actual results and could cause our actual results to differ materially from those expressed or implied in any forward-looking information made by us or on our behalf. Given these risks and uncertainties, investors should not place undue reliance on forward looking information as a prediction of actual results. All forward-looking information in this news release is qualified by these cautionary statements. This information is made as of the date of this news release and, except as required by applicable law, we undertake no obligation to publicly update or revise any forward looking information, whether as a result of new information, future events or otherwise. Additionally, we undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities.
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