September 18, 2003

Recruitsoft Appoints Industry Veteran Tom Lavey as EVP of Global Sales and Business Development

Former Oracle and i2 Technologies executive with 25 years of sales, management, business strategy, and enterprise software expertise appointed in response to company's continuous growth

San Francisco, CA – September 18, 2003

Recruitsoft, Inc., the leading provider of staffing management solutions for large organizations, today announced the appointment of Tom Lavey as executive vice president of global sales and business development, reporting to Recruitsoft Chief Executive Officer Louis Tetu.

Tetu stated, “We are very pleased to welcome Tom to our executive team as we continue to grow and expand our operations. Tom is one of the top senior software sales executives in the world, and brings nearly 25 years of software and sales management experience to Recruitsoft from a number of high-tech, software and ERP organizations.” He added, “We are confident in his ability to excel in this newly defined role, where he will oversee our key sales and business development efforts at Recruitsoft worldwide, reinforcing the strong leadership position Recruitsoft enjoys in the marketplace today.”

According to Tetu, Lavey will be responsible for spearheading strategies and managing the company’s worldwide sales, business development and solutions consulting groups. Lavey’s experience includes serving five years at Oracle Corporation as group vice president for applications, where he managed more than 300 sales professionals and delivered more than $500 million in annual revenue. During his tenure at Oracle, he also served as vice president of global sales practices where he implemented strategic sales programs for Oracle’s sales force, which included more than 8,000 professionals worldwide. He also served as senior vice president of sales at i2 Technologies, where he was responsible for high-tech and telecommunication worldwide sales and development. Lavey has also served as executive vice president for worldwide field operations at MS2, Inc., a software and services organization specializing in product lifecycle management solutions. Prior to this, Lavey served as senior vice president of worldwide field operations at Extricity, which provided supply chain and e-commerce software for Global 2000 companies. Lavey also co-founded and was chief executive officer at Minx Software and has held various sales leadership positions for other software companies such as Ask Computers Systems where revenue grew more than 50-fold during his tenure. Lavey holds a MBA from the University of Southern California and a bachelor's degree in mathematics and computer science from Penn State University.

Lavey stated, “By providing its large and global customers with enterprise staffing solutions that create tens of millions of dollars in value for them and are configurable to their needs, Recruitsoft has established itself as the leader in the enterprise staffing management industry. I am honored to be part of the team and look forward to being an integral part of Recruitsoft as it continues to grow and expand to support its existing customers around the world as well as the industry at large.”

About Recruitsoft
Recruitsoft delivers a comprehensive suite of solutions to manage complete enterprise staffing: professional, hourly, agency, campus, centralized, decentralized and multinational. Recruitsoft solutions optimize the flow of talent throughout large organizations such as Honeywell, Hewlett-Packard, Dow Chemical, Blockbuster, Fortis Inc., Washington Mutual, Agilent Technologies, Deloitte Touche Tohmatsu, Pitney Bowes Inc., PepsiAmericas, P & G, Thomson, Group Suez, Serono, Toyota, The Gillette Company, Bombardier, Anthem Blue Cross and Blue Shield and UnitedHealth Group, among many others. Recruitsoft has received a number of accolades, recently including the industry’s leading staffing solution according to the HR.com and Talent Market Group’s 2003 Buyers Guide.

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


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