Hire Announces New CEO
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AUSTIN, TX, May 09 (Marketwire) -- Hire International, Inc. (PINKSHEETS: TLAN) ("Hire" or the "Company") today announced it has promoted Chris Beck its EVP of Sales and President of Soar Consulting, Inc. to be the Company's new CEO. According to Hire International's new CEO, Chris Beck, "I am very happy to accept the CEO position. I have been with Soar Consulting since co-founding it in 2003 and with Hire International since 2008 and have seen the company through one of the toughest hiring markets in the last 90 years. We have a phenomenal organization made up of high quality people who rose to the challenge when it was needed, we now can focus that positive energy into building and expanding the business. We are extremely grateful to Jeremy Stobie for his service during our period of transition and restructuring and for his financial leadership, which enabled us to turn the Company around. With the Company now on much more sound financial footing we are ready to focus on growth again." Beck points out that during the period between December 31, 2008 and December 31, 2011 it paid down 53% of its short and long term debt and revenues increased by 23.9% from 2010 to 2011. Hire's outgoing CEO, Jeremy Stobie, commented, "It has been a wonderful experience working with such great people in a world class organization. My role was primarily restructuring the business and we feel that this has been done and now it is time to transition the company to a leader who can focus on directing the business into its next phase of development, and that person is Chris Beck. I have had the immense pleasure of working with Chris since 2008 and have seen his leadership skills prevail during the worst possible times in the recruiting and hiring business. I feel great knowing that the Company is in such capable hands and look forward to great things to come." About Hire International: Based in Austin, Texas, Hire International, Inc. (http://www.hire-intl.com) provides world class permanent placement recruiting, contingent staffing, employee leasing and benefits management services, and proprietary talent acquisition technology solutions to small, medium sized businesses and multi-national corporations in the multiple states and countries. Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995: The material contained in this press release may include statements that are not historical facts and are considered "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Hire International's current views about future events, financial performances, and project development. These "forward-looking" statements are identified by the use of terms and phrases such as "will," "believe," "expect," "plan," "anticipate," and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from Hire's expectation. These factors are elaborated upon and other factors may be disclosed from time to time in Hire's past filings with www.otcmarkets.com and available on its website. Hire expressly does not undertake any duty to update forward-looking statements. Contact: Chris Beck 512-879-1590 Copyright 2012, Marketwire, All rights reserved. -0-
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