SOURCE: Hire.com

April 26, 2005 13:15 ET

Hire.com Posts Perfect Score for Customer Renewals

Commitment to Customer Success, Business Results Push Average Customer Tenure to Nearly Three Years

AUSTIN, TX -- (MARKET WIRE) -- April 26, 2005 -- Hire.com, the leading provider of Talent Relationship Management software and services, today announced that 100 percent of its customers evaluating their business relationship with the company in the first quarter of 2005 have extended their subscriptions. In addition to new business signed in Q1, more than 10 companies worldwide renewed partnerships with Hire.com for an annual contract value of more than $US 2 million.

Many leaders in their respective industries extended their commitment to Hire.com, including Prudential, Mirant, Royal Caribbean, The Hartford, CNA, Adobe, Kaiser and National Bank Australia.

"We are gratified that the results we've helped create for all of our customers translate into an ongoing commitment," said Larry Orecklin, Hire.com chief executive officer. "At Hire.com, we work very closely with customers from day one to drive those metrics that prove us to be the best solution available on the market. For nearly all of them this represents their second, third, or even fourth renewal with the average tenure trending up to nearly three years."

Hire.com continues to innovate in anticipation of customer needs. The company, a long-established pioneer in sourcing, has recently announced several managed services and complementary partnerships to assist customers in the ramped-up quest for top talent.

About Hire.com

Hire.com, the worldwide leader in Talent Relationship Management solutions, helps build better businesses by enabling customers to hire the best people. Global 2000 companies, including BP, Prudential, Reuters, Kaiser and Raytheon, have invested in Hire.com's unique modular system to achieve competitive advantage today, and to plan for their future talent management needs. HireEnterprise is a three-time award-winning product as named by HR Executive Magazine's Top 10 HR products of the year, most recently in 2004. Customers named Hire.com, "Best in Customer Service" in Electronic Recruiting Exchange (ERE)'s 2002 and 2003 Annual Industry Surveys. More information on Hire.com and its proven solutions can be found on the Hire.com website (www.hire.com), or by calling (800) 953-HIRE (953-4473).

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