HRsmart Inc., a leading provider of web-based Talent Management Solutions, and one of the fastest growing and most profitable firms in the industry, today announced the acquisition of CareerBoard, the largest internet recruitment site in Ohio.
PRESS RELEASE
HRsmart acquires CareerBoard
(PLANO, TX. March 2, 2004) - HRsmart Inc., a leading provider of web-based Talent Management Solutions, and one of the fastest growing and most profitable firms in the industry, today announced the acquisition of CareerBoard, the largest internet recruitment site in Ohio. The acquisition expands HRsmarts capability to provide flexible, affordable recruitment solutions. Terms of the acquisition were not released.
The acquisition reinforces HRsmarts leading position as a market innovator while expanding their solution offerings and leveraging their combined strengths. CareerBoard will be the first fully integrated, affordable online recruitment solution offering pre-screening, job posting, applicant tracking and related services to small, medium, and Fortune 500 companies alike.
As HRsmart expands it product offerings, the addition of CareerBoard expands our customer base and broadens HRsmart's expertise in the talent management marketplace, as well as complements our plans for continued growth," said Mark Hamdan, president and CEO of HRsmart.
The combined company will have a dominant industry position with service offerings targeting companies of all sizes. Their joint customer base will benefit from their expanded services suite by offering complementary products and services to their customers and also provides clients a compelling ROI while building consumer loyalty.
CareerBoards union with HRsmart is about providing our customers with the tools they need to gain control of their hiring processes. We have enjoyed an outstanding relationship with HRsmart," said Peter Tuttle, president of CareerBoard. "It is very exciting to join an organization that not only has industry leading products, but shares our vision and principles.
About CareerBoard
CareerBoard is a network of online job sites that exclusively feature local jobs for local talent. Established in 1997, CareerBoard.com is the largest Internet recruitment site in Ohio. The company currently serves northeast and northwest Ohio, as well as central and southwest Ohio. CareerBoard is a Dream Team member of the Employers Resource Council (ERC). For additional information, visit www.careerboard.com.
About HRsmart
Founded in 1994, with offices in the US and Latin America, HRsmart provides a fully hosted, network-delivered suite of talent management software solutions including applicant tracking, online recruiting, performance management, learning management, career development, succession planning, employee referral and job distribution.
HRsmart supports a wide range of clients including but not limited to the medical, retail, manufacturing, financial, government, hospitality, petrochemical and telecommunications industries. Many companies, including Fortune 500 companies, commercial public career boards and recruiting firms turn to HRsmart for their talent management needs. HRsmart is an IBM certified e-business on demand (ebod) solution partner. For more information, please visit www.hrsmart.com.
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Contact:
Brian Bagnall
HRsmart, Inc.
bbagnall@hrsmart.com
This press release was distributed through eMediawire by HR Marketer (www.HRmarketer.com) on behalf of the company listed above.
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