Hire.com Enhances Talent Supply Management Suite; New Solution Broadens Portfolio of e-Recruiting Products to Include Applicant Tracking

Business Wire, July 18, 2001

Business Editors

AUSTIN, Texas--(BUSINESS WIRE)--July 18, 2001

Hire.com, the leading Talent Supply Management (TSM) solutions provider, today announced the launch of their latest product offering: Hiring Center.

This addition provides collaborative applicant tracking technology that enables HR personnel and hiring managers to perform advanced searches against job requisitions and candidate data, and to track potential candidates throughout the hiring cycle. Hiring Center extends the sourcing, recruiting, hiring, and retaining capabilities of Hire.com's full service e-recruiting platform, allowing corporations to maximize the power of their own Web sites.

"Hiring Center further strengthens our suite of Talent Supply Management solutions by providing our customers with a completely automated and integrated process that is the broadest in the industry," said Hank Stringer, President of Hire.com. "With this product our customers will be able to realize significant cost and time savings by further streamlining and compressing the activities involved in finding, hiring, and retaining the very best talent."

Hire.com customers now have the ability to monitor each step of the hiring process. The collaborative applicant tracking technology maps to the unique workflow of client organizations. Hiring Center manages how jobs get described, approved, and published, routes candidates from various places, organizes interviews, creates offers, and conducts on-boarding steps. This solution will connect everyone involved in the hiring process -- ensuring each team member has access to information that is critical to effective decision-making. Combined with the rest of the TSM suite, Hire.com delivers robust and scalable solutions that optimize resources through the use of hiring best practices.

"Hire.com went to market in 1996 with an excellent, targeted solution, e-Recruiter, that has allowed such companies as Prudential, Sprint, AT&T, and LSI Logic to fill every position with the highest quality candidate," said Dan White, VP of Collaborative Hiring for Hire.com. "What these companies have in common is the desire to recruit more competitively. This new product adds a major incremental piece to the Hire.com Talent Supply Management portfolio, and is a major reason that Hire.com is becoming recognized as the leading e-recruiting brand. We've assembled a team of Applicant Tracking System (ATS) industry veterans that I have closely worked with for almost a decade. This team of experts will focus specifically on the marketing, development, implementation, and support of Hiring Center."

Hire.com customers have the ability to implement individual product components or a complete TSM suite. Hire.com will continue to support existing and future technology integrations with other e-recruiting industry vendors. Customers will have a variety of options to choose from, giving them the freedom and flexibility to combine the best solutions for facilitating organizational effectiveness.

About Hire.com

Hire.com is pioneering Talent Supply Management by empowering organizations to manage and allocate their talent resources. As a reliable vendor since 1996, Hire.com recently secured an additional $19M in funding. Hire.com delivers an unparalleled automated and complete solution for businesses to plan, source, recruit, hire, and retain talent.

Corporate customers include: KPMG Consulting, Sprint, AT&T, Royal Caribbean Cruise Lines, EDS, Swales Aerospace, Electronic Arts and Southern Company. Investors include Austin Ventures, Crosspoint Ventures, Kleiner Perkins Caufield & Byers, and TL Ventures. Corporate investors include The Hearst Corporation, Pulitzer Inc., Essex Investment Company, LLC and Dell Computer Corporation. More information on Austin, Texas-based Hire.com is available via the Internet at www.hire.com or by calling 1-800-953-HIRE. Hire.com employment opportunities can be found at http://careers.hire.com/.>

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