TORONTO, Mar. 24, 2024 -- Toronto, ON — Nerds On Site Inc. (NERD), a leading provider of comprehensive Cybersecurity and IT solutions, today announced the launch of a new specialized division, NOS Technical Services Inc., under the banner of its wholly-owned subsidiary, Nerds On Site USA. Designed to improve recruitment within the state government and pharmaceutical sectors, NOS Technical Services Inc. leverages cutting-edge AI to match top-tier talent with premium contract positions, ensuring optimal placements aligned with industry demands.

By integrating advanced AI algorithms with a deep understanding of the contract recruitment landscape, NOS Technical Services Inc. is uniquely positioned with a well-seasoned leadership team to address the growing reliance on specialized contract work, specifically in the state government and pharma sectors.

Meeting Market Demand with Agility and Expertise

The rise in demand for specialized tech-centric contract positions, particularly in the fast-paced government and pharmaceutical sectors, signals a critical need for adaptive and skilled talent solutions. As AI-driven recruitment has matured, NOS Technical Services Inc. enters the market opportunely, ready to introduce a robust solution to these burgeoning requirements. Established government contracts provide a steady stream of demand, additionally, the pharmaceutical industry is experiencing significant growth, which can benefit NOS Technical Services Inc., with its strong ties to the industry.

The leadership team at the core of NOS Technical Services Inc. commands over 75 years of collective experience in both market sectors, bringing unparalleled depth of insight and foresight to the company. Their proven track record in navigating the complexities of contract talent recruitment provides a solid foundation for the new venture's operations and strategic direction.

Visionary Financial Prospects

NOS Technical Services Inc. projects a $10 million US revenue stream within the first 24 months. This ambitious target is supported by a dual strategy: leveraging long-standing relationships within the government and pharmaceutical sectors, brought to the table by the new company’s leadership, and harnessing the robust North American client base established by parent company Nerds On Site. The strategic positioning of the new division promises a significant contribution to the parent company's growth and profitability.

Leadership statements

"We’ve seen a solid increase in demand for the tech talent augmentation by clients in the last couple of years. NOS Technical Services Inc. represents a key integrated offering for us across the board at NERD in this ever-changing workplace environment, and so a worthy investment”, says Charles Regan. “We look to assist our clients craft their future workforce in the technology niche, where precision and expertise are paramount.”

About Nerds On Site Inc. (NERD)

Nerds On Site Inc. (NERD) provides a wide array of Cybersecurity and IT solutions to SME / enterprise clients across North America. With a relentless focus on Client satisfaction and innovative technology, Nerds On Site continues to expand its offerings and reach, ensuring top-quality service and cutting-edge products.

Forward-Looking Statements

This press release contains forward-looking statements relating to the business and financial outlook of NOS Technical Services Ltd. that are based on the current expectations, estimates, and projections of Nerds On Site Inc. about the company's business and the industry in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or are beyond Nerds On Site Inc.'s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements.

For further information, please contact:

Nerds On Site Inc.

Investor Relations: ir@nerdsonsite.com / investors.nerdsonsite.com

Public Website: www.nerdsonsite.com

Charles Regan, Nerds On Site, Inc.