February 19, 2002

Leading Human Capital Management Experts Form Recruitsoft Advisory Board

Industry veterans, innovators and thought leaders come together to advise and support Recruitsoft’s strategic human capital management initiatives

San Francisco, CA – February 19, 2002

Recruitsoft, Inc., the leading provider of staffing management solutions for Global 1000 corporations, announced today the formation of its advisory board.

The advisory board is comprised of leading human capital experts from global companies such as Hewlett-Packard, The Limited, Inc., Nokia, Sun Microsystems, Inc., Fidelity Investments®, as well as the Wharton School of Business. In recognition of the vital impact the management of human capital assets has on the competitive positions of global organizations, the Recruitsoft Advisory Board will provide guidance to Recruitsoft in the development of strategies and solutions to meet the needs of Global 1000 corporations in the areas of online human capital management and enterprise-wide staffing.

“We are very pleased to welcome each member to the Recruitsoft Advisory Board,” said Louis Tetu, Recruitsoft chief executive officer. “Each of these individuals has made significant contributions to human capital management and we look forward to collaborating with them to continue to provide our clients with thought leadership and a comprehensive solution that best meets their needs.”

Each member of the Recruitsoft Advisory Board brings diverse and distinct contributions from their respective business and academic arenas. The advisory board, chaired by Diane Pardee, Recruitsoft vice president of marketing and communication, includes the following members:

  • Peter Cappelli, The George W. Taylor professor of management, Wharton School of Business
  • Edward Baker Greene, vice president, talent acquisition, Fidelity Investments Bruce Hatz, director of staffing, Sun Microsystems, Inc.
  • David Kuhl, vice president, employee relations, UnitedHealth Group Corporation
  • Veli-Pekka Niitamo, director of global strategic resourcing, Nokia
  • Janice Deter Piscitelli, senior vice president, Fidelity Employer Services Company
  • Len Schlesinger, executive vice president and chief operating officer, The Limited, Inc.
  • Terry Stamps, director of staffing and workforce programs, Hewlett-Packard
  • Gretchen Swan, former director, corporate human resources, The Gillette Company

The first Recruitsoft Advisory Board strategy meeting was recently held. Part of Recruitsoft’s overall staffing process strategy takes Supply-Chain Management (SCM) concepts and applies similar concepts to workforce assignment, resulting in optimal deployment of human capital assets and the greatest return on the workforce. Recruitsoft provides global organizations with the technology and services to improve staffing processes, eliminating redundancy and inefficiency and enabling real-time collaboration to improve the quality of hires, and therefore positively impacting the quality of enterprise-wide productivity.

About Recruitsoft
Recruitsoft powers enterprise-wide staffing management for leading companies across many industries. Recruitsoft clients include Hewlett-Packard, Dow Chemical (NYSE: DOW), Agilent Technologies, The Gillette Company, Deloitte & Touche, Bombardier Aerospace and Transportation, UnitedHealth Group, Sutter Health, 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 is considered to be the best-practice ASP for staffing management solutions, based on its proprietary ACE™ Methodology, designed in collaboration with large corporations to improve the corporate staffing and internal talent matching and deployment processes, through reengineering. Recruitsoft is a member of the HR-XML consortium.

In recognition of its exceptional staffing methodology and technologies, Recruitsoft has received many accolades, including: “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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