SOURCE: Talent Alliance, Inc.

February 23, 2009 08:30 ET

Talent Alliance Issues Corporate Update

Company Adds New Clients; Plans to Open Office in Beijing

AUSTIN, TX--(Marketwire - February 23, 2009) - Talent Alliance, Inc. (PINKSHEETS: TLAN) issued a corporate update today detailing its optimistic outlook for 2009 through its continued internal growth and international expansion plans. Recently, Talent Alliance has added new contract staff with clients such as Southwest Electric, Megapath, and Kawasaki Rail. The company is also rapidly advancing its employee leasing business into international markets. In addition, Talent Alliance plans to accelerate the opening of its Beijing office to the 2nd quarter of 2009 to meet the strong market demand for its TalentExchange and recruitment services.

According to Brian Davis, CEO of Talent Alliance, Inc., the company is looking to expand into the healthcare services staffing sector through key acquisitions with established service providers. He said additional market expansion is also targeted for its staffing business through increased customer penetrations and via acquisition.

"Even in today's arduous economic conditions, the war for talent does not stop. New technologies and game changing business practices in the recruitment industry are evolving at a frantic pace," said Davis. "Our plans to introduce our technology and service offerings to China and other Pacific Rim markets are progressing as planned. Having just returned from a trip to China, I can confidently report that we have several scalable opportunities for application of our current business offerings." Davis went on to add that, "In response to the general economic environment, our management team is controlling costs to provide additional security to the company and its shareholders. By building on our strong financial performance during 2008 we have an extremely optimistic outlook for 2009."

Talent Alliance also announced that it will attend and exhibit at the Spring 2009 ERE exposition at the San Diego Convention Center from March 31 to April 2. This conference is the premier event for emerging technology trends in the recruiting industry. ERE Expo 2009 sets the industry standard, featuring top corporate practitioners and exciting keynote presenters and will address the evolution of the many sectors of recruiting, including the new business models and technologies. Attendees at the event can expect to learn more about the recently launched TalentExchange platforms in China (www.chinaTalentexchange.com) and the United States (www.ustalentexchange.com). The TalentExchange is an online recruitment marketplace built to streamline the talent acquisition cycle for employers and increase efficiencies for recruiting vendors. For more information the ERE Expo please visit http://www.ere.net/events/2009/spring/.

About Talent Alliance:

Based in Austin, Texas and Shanghai, China -- Talent Alliance, Inc. provides talent management and talent acquisition technology applications and resources in the United States and The People's Republic of China. Talent Alliance 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 United States and the People's Republic of China. The Company currently has offices in Texas, Florida, California, and Shanghai, China.

Forward-Looking Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, product market trends, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact Information

  • Investor Relations Contact:
    David Donlin
    Cervelle Group
    Phone: 407-475-9966