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Press release distributed in partnership with ... 
Unemployment Rates Fall, HR Responsibilities Rise
Ascentis Corporation Partners with VirtualEdge to Streamline Recruiting
BELLEVUE, Wash. -- June 8, 2004 -- Ascentis Corporation announces new partnership with VirtualEdge, a world-leading provider of workforce acquisition software. Ascentis new solution, HROffice Recruiter, will cut the recruiting process in half for small to mid-sized organizations.
On May 7, 2004, the Labor Department estimated the unemployment rate fell to 5.6 percent in April, creating 288,000 new jobs (CBS MarketWatch). Charles DAmbrosia, CEO of Ascentis Corporation says, As our economy improves and unemployment continues to drop, human resources departments will become significantly busier. Ascentis is partnering with VirtualEdge to provide cost and time savings within the recruiting arena through improved hiring and retention. Our clients will leverage VirtualEdges breadth of experience in the workforce acquisition arena-placing an enterprise system in the hands of the small and medium sized business."
VirtualEdge is the first company to create a recruiting solution for all hire types -- professional, hourly, and contingent -- into one unified solution for total workforce acquisition. VirtualEdge Founder and CEO, Diane Smith, says, HR professionals spend an extraordinary amount of time finding, qualifying and hiring the right people. This relationship will enable Ascentis clients to streamline the recruitment process, and recognize significant time and cost savings."
- About Ascentis Corporation -
Founded in 1994 and based in Bellevue Wash., Ascentis Corporation is a pioneer in state-of-the-art human resources management systems (HRMS). Ascentis offers a best-in-class, fully integrated, and centralized human resources and benefits management system that promotes connectivity, communication, and control for small to mid-sized organizations. The companys flagship product, HROffice, eliminates the paper process and builds on the latest technologies from Microsoft for easy integration with those tools HR departments use on a day-to-day basis.
Ascentis Corporation was named to the Deloitte & Touche prestigious 2003 Technology Fast 500 list and is ranked one of the 500 fastest growing technology companies in North America -- one of the top 50 in Washington State. Workforce Management Magazine rated HROffice as one of the Top 15 HRMS systems" in its March 2004 issue. For more information on Ascentis and the HROffice product line, visit www.ascentis.com or call 800.229.2713.
- About VirtualEdge -
VirtualEdge Corporation is a world-leading provider of Workforce Acquisition Solutions with customers operating in North America, Europe, and Asia Pacific. VirtualEdge offers highly innovative and configurable solutions to provide a performance-driven solution that can easily flex to any business process while supporting the growth and expanding demands of global organizations.
Dedicated people and superior solutions, VirtualEdge helps companies deliver more performance, more quality and more value across the enterprise by optimizing workforce acquisition strategies. VirtualEdge supports over 900,000 users with its E*TRACK enterprise applications. Many of the world's foremost organizations such as Aventis Pharmaceuticals, Avery Dennison, Broadcom, Campbell Soup, CITGO Petroleum, Honda and PacifiCare utilize their solutions. Visit VirtualEdge on the Web at (www.VirtualEdge.com) or contact them at 215-504-5400.
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Ascentis Media Contact:
Courtney McKenzie
p: 425.289.2359
e: courtney@ascentis.com
VirtualEdge Media Contact:
Lynda LeVan
p:215.504.2326
e: llevan@VirtualEdge.com
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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