Peopleclick Reports Strong Financial Results As Company Closes Record First Half
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Reinforces Its Leading Position in the Talent Acquisition Industry RALEIGH, N.C.--(Business Wire)-- Peopleclick, Inc., the leading global talent acquisition solutions and Equal Employment Opportunity compliance provider, today announced continued profitable growth and a record $27 million in revenue for the first half of 2008. Contributing to this success was the addition of numerous clients across all three product lines in the first and second quarter. New clients ranged from small-to-mid-size businesses to large multi-national organizations with specific growth for Peopleclick's High Volume solution. "Our record first half demonstrates the momentum we continue to see as companies realize the demand for a strong talent acquisition strategy," said Ron Kupferman, CEO of Peopleclick. "In order to meet the increased demand in the marketplace, we have established an organized sales team among all product lines, which has allowed us to better meet the needs of our clients and be profitable on a quarter-to-quarter basis." In the first half, Peopleclick announced a new partnership with Jobs2Web and an expanded partnership with CareerBuilder.com. Jobs2Web will offer Peopleclick clients search engine optimization (SEO) moving their career sites even closer to the candidate via Google, Yahoo and other prominent search engines. Peopleclick and CareerBuilder.com launched their Shared Application feature, which offers candidates a streamlined application process through Peopleclick RMS(TM). Peopleclick's focus on talent acquisition and investment in R&D has resulted in the delivery of two new products in the marketplace during the first half. Newly unveiled, Peopleclick Interview Scheduling provides a flexible self-service solution for scheduling and accepting large volumes of interview invitations online. Also recently launched, Peopleclick Onboarding creates relationships with new hires post offer letter acceptance, but before their official start date by establishing a channel of communication that begins the socialization process. Finally, Peopleclick's Affirmative Action Solutions and Vendor Management System continue to see steady gains and have brought in an increase in revenue. These developments, along with continued expansions in the install base, have resulted in the most successful half to date. "Across the board, Peopleclick has seen continued managed growth in all three product areas, as we now serve more clients than ever before," commented Kupferman. "With our current momentum, we are well-positioned for a strong second half. As we grow, build and define the talent acquisition market, Peopleclick will continue to provide innovative solutions for clients worldwide." About Peopleclick Peopleclick provides software and services that empower companies around the world to find, attract and hire quality people -- in less time, with less risk. Peopleclick's technology, consulting expertise and support give companies the vision and flexibility to strategically manage all of their talent resources -- whether they are salaried, hourly, or contingent. Founded in 1997, the privately-held company currently serves 1,800 clients in 192 countries, including 54 of the Fortune 100. Peopleclick products support users in organizations ranging in size from large, multi-national corporations to small and medium-sized businesses. For more information about Peopleclick, visit www.peopleclick.com. Peopleclick Anna Nathan, 919-645-2946 anna.nathan@peopleclick.com Copyright Business Wire 2008
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