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HIREABILITY ANNOUNCES ALEX(sm) RESUME PARSER PARTNER PROGRAM. Partners Build Value and Revenue with Off-the-Shelf and Integrated Solutions

Case studies conducted by HireAbility.com show that recruiters can spend anywhere from $3.77 to $11.43 to manually process a single resume. However, HireAbility.com's ALEX Resume Parser has cut those costs down to mere cents. Today, we're announcing the new ALEX Resume Parser Partner Program, which will enable partners to expand their resume processing solutions through various means, and enjoy flexible pricing options. Please see the press release below for more information, and contact us with any questions.

FOR IMMEDIATE RELEASE                                 
Contacts:
Roger Kelesoglu and Ken Smith
Directors of Business Development
HireAbility.com
Voice: 888-941-4473
Email: rkelesoglu@hireability.com, ksmith@hireability.com

SALEM, NH - April 13, 2004 - HireAbility.com, a leader in integrated recruiting software and services, announced today the launch of its new ALEX Resume Parser Partner Program. Client partners can now expand their resume processing solutions and generate additional revenue by offering HireAbility's ALEX Resume Parser to their clients through a variety of options.

Under the new program, partners can resell or embed high end resume processing within their own Applicant Tracking Systems or HR Information Systems using the ALEX Software Developer's Kit (SDK), or link to and resell ALEX OnLine, a private-labeled, plug-n-play resume processing website - or offer a combination of both. OEM and VAR partners will benefit from flexible pricing options like the subscription model, in addition to the customary transaction pricing. In this way, HireAbility makes selling value and benefit easier for partners.

"We put together a model that falls in line with how our partners price their product and customer purchase solutions," said Ken Smith, HireAbility's Business Development Director. "The result is strong, profitable partnerships that bring added value to the end user."

Case studies conducted by HireAbility show that recruiters can spend anywhere from $3.77 to $11.43 to process a single resume manually. With ALEX, the cost of processing resumes, as well as creating robust applicant profiles, is reduced to cents.

"Integrating resume parsing into the recruiter's workflow offers a tremendous opportunity for our partners to demonstrate ROI - a bold driver of sales," said Roger Kelesoglu, HireAbility's Business Development Director.

ALEX captures and optimizes data from resume files to create detailed applicant profiles instantly, ensuring that it is easy and cost effective to capture as much data as possible about each candidate. Solutions providers using ALEX ensure that candidates are matched to open positions more quickly, improving performance for critical HR metrics such as time-to-fill.

People-Trak by Technical Difference is one example. "Not only are our clients pleased with their improved workflow," notes Tom Brown, Technical Difference's Director of Product Development, "but we have added a recurring revenue source that grows as more clients adopt the technology."

ALEX's three-pointed foundation of technology elements: hierarchies/taxonomies, natural language Artificial Intelligence (AI), and GRID computing architecture, give its clients unique advantages. Hierarchical optimizations increase accuracy and standardization, add intelligence; and make more relevant data available for searches. Natural language AI techniques identify the context of terms in a resume file, enabling highly-accurate search results. The GRID computing architecture provides redundancy and availability, and is infinitely scaleable, making it possible to process expanding amounts of data at a high level of performance.

About HireAbility.com

HireAbility.com, LLC is a privately-held recruiting services and software company based in Salem, NH. Since 1999, HireAbility.com's virtual recruiting services have raised the bar by offering convenient access to comprehensive resources for recruiters, clients and professionals seeking the ideal career match. HireAbility's ALEX Resume Processing software technologies power solutions from leading providers of Applicant Tracking Systems, HR Information Systems and services to the human capital industry. For more information, check out www.resumeparser.com or contact Roger Kelesoglu and Ken Smith at HireAbility.

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