(Melville, NY) May 4, 2009 – Adecco Group North America, the leader in workforce solutions and recruitment, today announced that it has entered into a recruitment process outsourcing (RPO) agreement with Morgan Stanley. Adecco's RPO division will provide Morgan Stanley a comprehensive, full-lifecycle RPO solution for recruitment of Morgan Stanley employees in ISG Operations, Technology, Company, and Investment Management.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 37 countries.

"Industry-leading financial services firms like Morgan Stanley will be instrumental in leading our global economic recovery," said Michael Beygelman, Adecco Senior Vice President. Beygelman continued, “We're privileged that Morgan Stanley selected Adecco RPO as its partner to help Morgan Stanley establish a world-class, scalable, and repeatable recruitment process that can help Morgan Stanley attract and retain top talent.”