Talent Technology Accelerates Growth with Key Acquisitions and Expanded Senior Management Team

Vancouver, BC and Seattle, WA – Talent Technology Corporation, a leading provider of recruiting solutions for corporations, staffing firms, HR software vendors and job boards, today announced the acquisition of TalentSpring and Standout Jobs. These latest acquisitions, along with the addition of several software industry veterans to the management team, will help drive Talent Technology’s continued growth by delivering a complete portfolio of solutions to solve recruiting challenges today and in the future.

TalentSpring’s advanced conceptual search solution finds and ranks candidate profiles from within customers own internal systems as well as more than 120 million resumes from networking sites and job boards across the internet. Standout Jobs provides social media functionality and the ability to build a community-led career portal.

These two new solutions build upon Talent Technology’s existing software and align perfectly with the company’s plans to release an integrated suite of technologies that will improve the recruiting experience for customers and partners including corporate recruiters, recruiting and staffing firms, human resources departments, job boards, applicant tracking systems, and ultimately improve the experience of getting hired by millions of job seekers.

“Talent Technology Corporation continues to be recognized as a high growth organization, having recently been named by Software Magazine’s Software 500 as the 352nd largest software company worldwide. To continue our momentum we have acquired two innovative technologies and we have built up our management team with some of the best and brightest software and solutions management minds in the industry,” said Jade Bourelle, CEO, Talent Technology Corporation, “With Tim Lang, as our new VP, Product Strategy and James Thomas, as VP, Marketing, both joining us from SAP BusinessObjects, and Bryan Starbuck, joining from TalentSpring, taking on the role of VP, Product Management, we are poised to continue our exceptional growth and solidify our leadership position within the recruiting marketplace.”

“The dynamics of the available talent in the market and the need to find the best talent requires using the right technology for recruiters and HR,” said Mark Smith, CEO & EVP, Ventana Research, “alent Technology is bringing together best of breed technology and a world class team to advance its opportunity to help organizations address their sourcing and hiring needs.”

“These are very exciting times for Talent Technology and our customers,” said Tim Lang, VP Product Strategy, Talent Technology Corporation, “TalentSpring and Standout Jobs are great leading-edge social media and internet recruiting solutions that complement our current products. We are drawing on the richness of each of these respective technologies to increase and improve the resources and solution offerings available to our customers today while setting the stage for some exciting game-changing developments for our customers and partners starting this quarter!”

“Over 80 million resumes are processed through our software each year. That is equivalent to about half of the US labor force,” said James Thomas, VP Marketing, Talent Technology Corporation, “As a result, we have the opportunity to have a major positive effect on the lives of recruiters and job-seekers alike through innovation that connects top talent with the best employers and career opportunities out there.”

About TalentSpring

TalentSpring delivers an on-demand candidate sourcing Saas solution that searches more than 120 million resumes and dynamic profiles found on networking sites and job boards, from a single search interface, to find and intelligently rank candidates for open positions. TalentSpring brings proven, open, and integrated technology and a strong set of customers and partners to Talent Technology.

About Standout Jobs

Standout Jobs technology adds exciting new social networking features to the next generation community-led career portal that allows companies to create a rich web 2.0 experience for candidates who are interested in working for them. The system is tightly integrated to Facebook, LinkedIn, and Twitter in order to ensure that Talent Technology customers are proactively engaging all of their online networks for an enriched candidate experience.

For more information and FAQs on the acquisition of TalentSpring and Standout Jobs, or to learn more about the new senior management team at Talent Technology, go to www.talenttech.com.

About Talent Technology Corporation

Talent Technology Corporation is a leading provider of recruiting technology, resources and solutions for the recruiting/staffing industry and corporate HR departments. Our award-winning products power the recruiting industry. Key recruiting solution providers partner with us to offer their clients advanced recruiting capabilities. In addition, hundreds of organizations ranging from Fortune 1000 firms to independent recruiting/staffing agencies rely on our products to automate, improve and better manage their sourcing, recruiting and hiring processes. Learn more about Talent Technology at www.talenttech.com, follow us on twitter @talenttechcorp or call 1.866.747.3375.