October 19, 2000

Recruitsoft Achieves Record ASP Uptime of 99.9% in Q3

Third Quarter ASP Uptime is Second Consecutive Record

Recruitsoft, the provider of Web-based hiring management systems, today announced that its Application Service (ASP) Recruiter WebTop™ achieved a record uptime of 99.9% for the quarter ended September 30, 2000. These results establish Recruitsoft's superior reliability and infrastructure in providing top quality online service to its Global 1000 clients.

"These statistics speak to the efficiency and reliability of Recruitsoft's unparalleled infrastructure," said Louis Tetu, CEO of Recruitsoft. "Two consecutive 99.9% uptimes confirm our system's ability to handle a large volume of activity with virtually no downtime. We expect to generate four nines in the near future," added Tetu.

Data on Recruitsoft's performance were compiled by Coradiant, a Boston-based e-business infrastructure firm that delivers managed services and consulting to dot-com, ASP and enterprise customers worldwide.

Recruitsoft's stellar uptime, coupled with the industry's first '24x7', round-the-clock technical support program, prove its leadership in reliable customer service for Global 1000 companies.

About Recruitsoft
Recruitsoft delivers the most complete online recruiting solutions for leading companies across many industries, including United Airlines (NYSE: UAL), Bombardier Aerospace and Transportation (TSE: BBD.B), MetLife, Cabletron Systems (NYSE: CS), and Sutter Health. The company’s Recruiter WebTop™ application service provides a complete business application over the Internet to power the career Web pages of large corporations, leading to faster time-to-hire, lower cost-per-hire, and ultimately, increased quality of hires. Recruitsoft introduced the pay-per-hire fee structure to the Web-based recruiting industry and is considered to be the best-practice ASP for recruitment management solutions, based on its proprietary ACE Recruiting™ process technology. Recruitsoft is the first HMS to integrate all areas of candidate sourcing. These services are accessible via one click and include: job postings on the corporate Web site, the company Intranet, job boards, advertising in all print media, automated background checking,, contract-assisted candidate sourcing and access to labor exchanges.

Recruitsoft is funded in part by Telesystem Software Ventures LP (Telsoft), a venture-capital arm of Telesystem Ltd., a Red Herring Top 100 company; and by Omnicom (NYSE:OMC), the world’s leading provider of marketing communications and advertising services, through its Internet investment arm, Communicade.

Press Contacts:
Krista Canfield
Tel: 415.905.4011
e-mail: kcanfield@horngroup.com

 


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