May 14, 2002

The Procter & Gamble Company Selects Recruitsoft for Enterprise Staffing Management

&G selects Recruitsoft’s robust staffing management solutions to improve its global staffing processes and to better manage its communication with candidates

San Francisco, CA – May 14, 2002

Recruitsoft, Inc., the leading provider of enterprise-wide staffing management solutions for Global 1000 organizations, recently announced that it has been selected by The Procter & Gamble Company (P&G) to manage its global staffing processes.

“We are excited to partner with Recruitsoft, a company that echoes our beliefs in the value of human capital. P&G is dedicated to recruiting the finest people in the world and building the company from within, through training and promoting our existing employees,” said Scott Read, P&G’s senior recruiting manager of global talent supply. “We selected Recruitsoft because we wanted a partner to deploy to multiple geographic regions across Central and Eastern Europe, China and the Pacific Rim countries, as well as North America and Western Europe.” He added, “By leveraging Recruitsoft’s solutions, P&G will have a real-time competitive staffing advantage, allowing us to more effectively communicate with interested candidates and to continually attract the talent we seek to run our business and grow our organization."

“We are very pleased to be partnering with P&G to deliver a staffing strategy that meets the company’s global needs,” said Louis Tetu, Recruitsoft chief executive officer. He added, “By applying supply chain management philosophies to the staffing process and utilizing our configurable workflow and collaboration platform, we are confident that P&G will not only achieve cost savings and faster employee time-to-contribution, but also enterprise-wide productivity improvements and greater retention.”

P&G operates in over 80 countries and employs 106,000 people worldwide. The Company is consistently recognized for its staffing excellence, most recently appearing on Fortune’s list of the “100 Best Companies to Work For.” The Recruitsoft Enterprise Staffing Solution manages the entire staffing supply chain from requisition management, sourcing, resume scanning, searching and pre-screening to retention, enabling true e-headhunting and effective staffing management. The solutions enable multinational corporations, such as P&G, to configure enterprise-staffing workflow to meet global needs, from such macro factors as country, region, company and division, to such micro factors as individual job type. The main objectives of the Recruitsoft Enterprise Staffing Solution are to: find highly qualified candidates faster; better assign people to jobs; increase return on human assets; optimize the use of resources; shorten the overall time to contribution; increase retention of the best and brightest contributors, enterprise-wide; and importantly, improve overall performance from the hired workforce, resulting in increased productivity.

About The Procter & Gamble Company
P&G (NYSE: PG) is a $39 billion global leader in the development, manufacturing and marketing of a broad range of consumer products. Procter & Gamble markets more than 250 brands including Pampers, Tide, Ariel, Always, Whisper, Pantene, Bounty, Pringles, Folgers, Millstone, Sunny Delight, Charmin, Downy, Lenor, Iams, Olay, Crest, Vicks and Actonel.

About Recruitsoft
Recruitsoft powers enterprise-wide staffing management for leading companies across many industries including Hewlett-Packard, Dow Chemical (NYSE: DOW), Agilent Technologies, The Gillette Company, Deloitte & Touche, Bombardier Aerospace and Transportation, UnitedHealth Group, among many others. Recruitsoft’s full-service offering includes the software, services and computing infrastructure to enable large corporations to rapidly improve staffing processes. Recruitsoft has received many accolades, including: “Leading ERM Vendor of Staffing Management” – CIBC World Markets, March 2002; “Best Response Time” – RPK Group, September 2001; “Best Overall Customer Satisfaction” – ERE Research, July 2001; “Best Hiring Management System (HMS)” – HR.com, 2001; “Top 100 B2B Internet Suppliers” – VerticalZOOM™, October 2000; “ASP of Distinction” – VARBusiness, September 2000; and “Top 10 HR Products of the Year” - Human Resources Executive, November 1999.

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


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