Recruitsoft Joins HR-XML Consortium

San Francisco, CA – (BUSINESS WIRE) – March 23, 2000 –

Recruitsoft, creator of the world’s most advanced Internet-based Hiring Management System (HMS), announced that it has joined the HR-XML Consortium. This newly-formed non-profit organization is dedicated to the development and promotion of standardized HR-related extensible markup language (XML) vocabularies designed to enable the worldwide exchange of HR data.

"We are very pleased to play a critical role in defining the standards for our industry," explained Martin Ouellet, Founder and Chief Technical Officer of Recruitsoft. "As the number of HRIS, job board and resume database members of the Consortium continues to grow, Recruitsoft customers will benefit from the even greater ease of using our best-of-breed solutions."

According to Recruitsoft Chief Operating Officer Karen MacPherson, "It is important that Recruitsoft play an active role in applying this cross-platform and vendor-neutral standard to the HR community. Joining in the design of the standard method in which structured HR data will be shared will only serve to enhance our leadership position in Hiring Management Systems. The result will be an even more efficient Recruitsoft solution with greater versatility of features, including One Click Posting™, which allows instant job requisition posting on all relevant job boards."

Recruitsoft’s enterprise-wide solution automates and manages virtually every aspect of recruiting, from job-posting, applicant search and skill-based pre-selection, to reaching "passive" job seekers and developing centralized candidate pools. The result is an increased probability of hiring the right candidate, leading to a shorter "time to contribution," the point at which a new employee actually begins contributing to a company, and to higher retention rates.

Recruitsoft’s system is 100% Web-based and requires no additional software, server installation or maintenance. It can be configured easily to each company’s requirements, and billing is on a pay-per-hire basis.

About The HR-XML Consortium
The HR-XML Consortium is a non-profit organization dedicated to the development and promotion of standardized human-resources-related XML vocabularies for enabling e-commerce and inter-company exchanges of human resources data worldwide. The Consortium is open to all interested parties, but membership is targeted to software vendors, employers, HR service suppliers, non-profit HR-related associations, and human resource professionals. For additional information, contact Chuck Allen at chucka@hr-xml.org, or by phone at 919-247-6881, or visit www.hr-xml.org.

About Recruitsoft
Recruitsoft is a California-based company providing the most complete on-line recruiting solutions for corporations. Recruitsoft’s "Recruiter WebTop™" application powers the network of career web pages of large corporations and also provides a complete business application over the Web that supports every aspect of the corporate recruiting process including requisition management, sourcing management, global collaboration management, recruiting workflow management, candidate relationship management, and Web access to recruitment enhancement services.

Recruitsoft’s solution is unique in its ability to manage and process all sources of candidates, both active and passive. It also provides on-line skill-based recruiting that automates pre-screening and electronic head hunting. Recruitsoft's customers includes major corporations in North America in the fields of high technology, aerospace, manufacturing, finance and professional services. The company is funded in part by Telesystem Software Ventures LP, the venture capital arm of the Telesystem Group, a 1999 Red Herring Top 100 company, and by Omnicom Group through its venture arm, Communicade.

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