Recruitsoft's Recruiter WebTop™ Ranks as Top Web-Based Hiring Management Solution by HR.com

HR.com Confirms Recruitsoft Offers the Most Complete Enterprise Recruiting Solution

San Francisco, CA – January 5, 2001 –

Recruitsoft, the leading provider of Web-based hiring management systems for large corporations, has been ranked Number One for Web-based Hiring Management Solutions by the leading human resources information Web site, HR.com. Recruitsoft was also rated seven full points out of a possible seven points for service.

Recruitsoft powers enterprise recruiting for Global 1000 companies, effectively reengineering the hiring process to increase time-to-hire, lower cost-per-hire, and, ultimately, increase the quality of hires. The Recruitsoft Web-based solution integrates every aspect of the corporate recruiting process, from requisition management, to complete candidate sourcing, skills-based prescreening and automated background checking and communication. One of the only multi-lingual solutions available on the marketplace, Recruitsoft offers global capabilities for its clients and deploys its solution throughout the world.

"This recognition by HR.com demonstrates both the strength of our Recruiter WebTop™ solution and the commitment and talent of the Recruitsoft team to fulfill our mission to be the leading online recruiting solution for large global corporations," said Recruitsoft Founder and Chief Technology Officer Martin Ouellet.

According to Allan Schweyer, who reviewed the Web-based hiring management solutions for HR.com:

"I really liked Recruiter WebTop™ by Recruitsoft when I reviewed it in October and I still do. It is the most complete end-to-end solution available. Recruitsoft is continuously adding components that can help you in every step of the hiring cycle. Recruiter WebTop™ employs job and resume alerts and job seekers can email jobs to their friends. The solution includes a skills database of over 8,000 items to help you build better postings. You can add questionnaires and set screening filters. You can also blast your posting to numerous other job boards right from the Recruiter WebTop™ interface. Recruitsoft provides excellent reports to help you track your efforts and gives you access to top-notch recruitment research. Recruiter WebTop™…is in the more expensive category, but they have an excellent product and their customer service is reputed to be first rate."

About Recruitsoft
Recruitsoft delivers the most complete online recruiting solutions for leading companies across many industries. Recruitsoft clients include Hewlett-Packard, Dow Chemical (NYSE: DOW), MetLife, Hasbro, Deloitte & Touche, Bombardier Aerospace and Transportation, Cabletron Systems (NYSE: CS), and Sutter Health. Recruitsoft is considered to be the best-practice ASP for recruitment management solutions, based on its proprietary ACE Recruiting™ process technology, designed in collaboration with large corporations to re-engineer and streamline the corporate recruiting process. Recruitsoft is the first Hiring Management System (HMS) to integrate all areas of candidate sourcing. Accessible via one-click, these sourcing services include: job postings on the corporate Web site, the company Intranet, job boards, advertising in all print media, and contract-assisted candidate sourcing. Recruitsoft is a contributing member of the HR-XML consortium.

Recruitsoft is the parent company of Recruitsoft/iLogos Research, which studies and monitors trends in the Internet recruiting industry. Recruitsoft/iLogos Research periodically publishes reports and indices and is dedicated to understanding the needs of large corporations seeking qualified talent.

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.

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