Volt Information Sciences, Inc. (OTC: VISI) today announced that it has signed a definitive agreement with IQNavigator to sell its vendor management system (“VMS”) software and related assets of its wholly-owned VMS subsidiary ProcureStaff Technologies, Ltd.

“This sale reduces Volt’s investment in a non-core business while enhancing our world-class staffing services and managed services provider businesses as we reshape our business to generate greater long-term shareholder value,” said Ron Kochman, President and Chief Executive Officer of Volt Information Sciences, Inc. “Software companies with a strong emphasis on VMS software are making significant investments in developing functionality well beyond historical levels. While Volt was an early VMS pioneer, continuing to make increasing investments in VMS software development to compete in a field where VMS-focused companies like IQNavigator now provide outstanding software is no longer core to our business.”

“A key part of this agreement is that IQNavigator will operate ProcureStaff’s VMS software so there will be no disruption to our existing customers. Moreover, those customers will be able to easily transition to IQNavigator, a VMS software provider known for its outstanding reputation and track record,” Kochman concluded.

The cash proceeds of the transaction are not material, nor are the gain on sale or related restructuring costs. The sale is expected to be completed in early 2014 and is subject to customary closing conditions.

About Volt Information Sciences, Inc.

Volt Information Sciences, Inc. is a leading provider of global infrastructure solutions in technology, information services and staffing acquisition for its FORTUNE 100 customer base. Operating through an international network of servicing locations, the Staffing Services Segment fulfills IT, engineering, administrative, and industrial workforce requirements of its customers, for professional search and temporary/contingent personnel as well as managed services programs. Technology infrastructure services include telecommunications engineering, construction, and installation; and IT managed services and maintenance. Information-based services are primarily directory assistance, operator services, database management, and directory printing. Visit www.volt.com.

Forward-Looking Statements

This press release contains forward-looking statements. Words such as "may," "will," "should," "likely," "could," "seek," "believe," "expect," "plan," "anticipate," "estimate," "optimistic," "confident," "project," "intend," "strategy," "designed to," and similar expressions are intended to identify forward-looking statements about the Company's results of operations, future plans, objectives, performance, intentions and expectations. Forward-looking statements are subject to a number of known and unknown risks, including, among others, the timing of filing the Company's financial statements with the Securities and Exchange Commission, general economic, competitive and other business conditions, the degree and timing of customer utilization and rate of renewals of contracts with the Company, and the degree of success of business improvement initiatives, that could cause actual results, performance and achievements to differ materially from those described or implied in the forward-looking statements. Information concerning these and other factors that could cause actual results to differ materially from those in the forward-looking statements are contained in Company reports filed with the Securities and Exchange Commission.

Volt Information Sciences, Inc.James Whitney, 212-704-7921voltinvest@volt.com

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