BoardSuite Corp.

BoardSuite Corp.

April 13, 2010 08:00 ET

BoardSuite® Corp. Acquires HR Cloud Tool,

TORONTO, ONTARIO--(Marketwire - April 13, 2010) - BoardSuite® Corp. ("BoardSuite") today announced it has acquired (, a SaaS-based plug and play recruitment solution for small and medium enterprises (SMEs) and not-for-profit organizations (NPOs). The acquisition supports BoardSuite's strategy to provide an ecosystem of mandated and trusted business services for this target market within its flagship freemium board portal. is an entirely new approach to recruitment management systems. It provides job posting tools, a universal application profile, tools for online review and screening of applicant information, management reports, and tools for maintaining a company specific talent pool.

" fulfills a real need for BoardSuite's target market, SMEs and NPOs, to dramatically reduce the time and cost per hire, increase transparency of recruitment and gain access to a larger pool of candidates," said Oscar A Jofre Jr., Founder, President and CEO of BoardSuite. "It also supports our strategy to provide business solutions from the cloud for directors, officers and advisors of board managed entities directly from the BoardSuite portal."

"We embrace the BoardSuite vision to deliver best of breed tools to its user base, said Jeff Uhlich, Founder of "Our vision was always to provide simple, effective tools to manage the recruitment process and help companies create and maintain an easily accessible and searchable online talent pool to manage their recruitment needs." 

As part of the acquisition, Jeff Uhlich, Founder of and lead developer Masood Sarkar will become Advisors on the BoardSuite Advisory Board to assist with the transition, integration and future development of the tool. is among the first of a number of acquisitions that BoardSuite is seeking in the market to build its ecosystem of mandated and trusted premium services to be integrated within its flagship board portal.

About BoardSuite® Corp.

BoardSuite redefined the board portal for small and medium enterprises and not-for-profit organizations by providing a freemium SaSS-based solution to manage real-time access to corporate documents, collaboration tools and a Marketplace of business services.

The on-demand board portal empowers directors, officers and advisors to better manage risk, liability and compliance from a single point of entry within a secure, hosted application, resulting in effective and transparent corporate governance.

BoardSuite has received notable recognition within the online industry for its achievements. In July 2009, BoardSuite was selected as one of Canada's leading Web 2.0 pioneers by KPMG and Backbone magazine at the PICK20' Awards, the only national roundup of Canada's up and coming Web 2.0 pioneers who are leading the 2.0 evolution of the Web. And, in August 2009, BoardSuite was named by IDC as one of Canada's Top Cloud Computing Solutions To Watch calling it a disruptive innovation in the board portal industry. 

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