iCIMS Continues Global Expansion; WilliamsF1 Chooses iRecruiter to Streamline Hiring Management Processes

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iCIMS announced today that WilliamsF1, a world leader in Formula One racing, has chosen iRecruiter to streamline its growing Recruitment program. WilliamsF1 is just the latest addition to iCIMS' growing list of clients who take advantage of iRecruiter internationally to improve their talent management efforts.

iCIMS, a leading provider of web-based Hiring Management Solutions, announced today that WilliamsF1 has selected iRecruiter to automate the evolving recruitment initiatives within the organization's international business units. iCIMS' suite of solutions will be implemented to streamline the Formula One racing team's Human Resource processes. WilliamsF1 is just the latest addition to iCIMS' growing list of clients who take advantage of iRecruiter internationally to improve their talent management efforts.

WilliamsF1 is one of the leading Formula One racing teams in the world, with 16 Formula One World Championship titles to its name. Based in Grove, England, WilliamsF1 was formed in 1977 by Frank Williams and Patrick Head and has found continued success over decades of racing.

To support the growing interest in Formula One racing, WilliamsF1 has selected iCIMS' iRecruiter Applicant Tracking Solution to improve the sourcing, review, and hiring of potential employees across the globe. iRecruiter will also allow the organization to more effectively handle its Human Resource processes, while receiving a tangible ROI, since the online system helps corporations to reduce their Time-to-Fill, as well as Cost-per-Hire. The implementation of iRecruiter will help WilliamsF1 gain a competitive advantage, as it will better position the organization to attract, evaluate, and hire the best possible talent in the industry in a shorter period of time and at a lower cost than its competitors.

"As a global organization, we recognize the value of efficiency in talent management" says Alex Burns, WilliamsF1's Chief Operating Officer. "Formula One racing is becoming increasingly popular around the world, and as a result, our group needs to address the growing demand for employment within the industry. Additionally, as the popularity of the sport increases, we need to attract leading talent quickly, easily, and efficiently in order to remain a step above our competition," Burns said. Burns continues, "After an extensive evaluation of solutions, we've determined that iRecruiter is the solution that puts us in the best position to win this race for talent."

WilliamsF1 is just one of a rapidly growing list of international corporations who have turned to iCIMS for help in addressing their global recruitment challenges. iCIMS' roster currently includes over 250 clients worldwide, representing the second largest customer base in the Industry. "We are enthusiastic about this partnership with WilliamsF1," said Colin Day, President and CEO of iCIMS. "Our work with WilliamsF1 further validates the growing adoption of our recruitment solutions by the international community. The signing also underscores the flexibility of iRecruiter to address the needs of all corporations, regardless of Industry. WilliamsF1 has a reputation for excellence out on the track and we look forward to helping them further that message through their ongoing employment initiatives."

About iCIMS:

iCIMS, Inc. is a provider of web-based recruitment management solutions for HR and recruiting professionals. iCIMS' iRecruiter® is a state-of-the-art Hiring Management Solution that creates a one-stop recruiting resource to streamline internal recruiting operations, saving corporations time and money through integration, automation and collaboration. iRecruiter was ranked as the #1 ATS for 2003 & 2004 for mid-to-large sized corporations by the ERExchange and is consistently recognized by industry analysts as one of the most intuitive and easy-to-use solutions available today. Learn more about how iRecruiter will help your organization by visiting: http://www.icims.com.

About WilliamsF1:

WilliamsF1 is one of the world's leading Formula One teams. Formed in 1977 by Frank Williams and Patrick Head, the company has secured 16 FIA Formula One World Championship titles. Nine of these titles have been won in the Constructors' Championship in association with Cosworth, Honda and Renault. The remaining seven titles are Driver's Championships, won with Alan Jones, Keke Rosberg, Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and Jacques Villeneuve. In 2000, WilliamsF1 signed a multi-year agreement with BMW AG, and to date the BMW WilliamsF1 Team partnership has yielded nine GP victories.

Today WilliamsF1 employs around 500 personnel at a 40ha technology campus based in the heart of the UK's 'Motorsport Valley' in rural Oxfordshire. The company's core competencies are the design and manufacture of Formula One racecars, and the deployment of this expertise in running the team's entries into the Grands Prix each season.

Away from the race track, WilliamsF1 has grown into a significant international business over a quarter of a century, and its achievements earned its founder, Frank Williams, a knighthood in the 1999 New Year's Honours List to augment France's highest decoration, the Legion d'Honneur. Corporately, WilliamsF1 has also been awarded two Queen's Awards for Export Achievement, and is today recognised as one of the most enduring and successful organisations in global sport.

The company's business model is relatively unique. WilliamsF1 is one of the very few wholly independent Formula One teams and its income is largely derived from sponsorship. Supplementing this are a number of secondary income streams, including an international business and conferencing facility at the company's Grove HQ, with an extensive interactive museum tracing twenty five years of success in Formula One.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Susan Vitale
iCIMS
800.889.4422, Ext. 8
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