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Chugach Alaska Corporation Announces New Management of Chugach North Technical Services (CNTS)

Anchorage, AK – Jan, 19, 2001 - Chugach Alaska Corporation announced it would assume management responsibilities of Chugach North Technical Services (CNTS) effective January 1, 2001. Three of Chugach’s shareholders (Paula Rasmus-Dede, Tim Anderson, and Gaydell Trumblee) with extensive management capabilities will be trained for leadership roles in the agency that specializes in providing contract temporary personnel to its clients.

As the majority owner of CNTS, Chugach entered into the joint venture in 1992 with an agreement that would allow Chugach to eventually assume direction and management of the company. Chugach’s stability and strong financial turn around have provided the ideal conditions for assuming responsibilities of the agency that has a reputation for providing superior temporary personnel to businesses like Providence Hospital and GCI. Chugach is excited and confident that its new management team will continue to live up to CNTS’ established reputation and that business would continue as usual. Chugach has vast experience in transition management as well as a strong corporate infrastructure. Its finance, accounting, human resources, legal and information systems departments stand ready to provide enhanced customer services to all of CNTS’ clients and its employees.

Contact: Beth Welty, Communications Specialist, at Chugach Alaska Corporation if you have any questions. Phone: (907) 261-0348, Fax: (907) 563-8402 or email bwelty@chugach-ak.com



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