This funding comes just as we were awarded Human Resources Executive Magazine's 2006 Product of the Year Award, and is one of largest financings in our industry this year. It also builds on our successful acquisition of Magnaware Inc. which combined with a record sales year, establishes Talent Technology Corporation as one of the fastest growing companies in our industry
Vancouver, B.C. (PRWEB) October 26, 2006
Talent Technology Corporation today announced it has completed its 2006 financing of $17 million. The $17 million was raised from a group of private equity investors and JP Morgan Chase Bank, NA. This recent financing brings the total investment in Talent Technology Corporation to over $40 million in the last 48 months.
"This funding comes just as we were awarded Human Resources Executive Magazine's 2006 Product of the Year Award, and is one of largest financings in our industry this year. It also builds on our successful acquisition of Magnaware Inc. which combined with a record sales year, establishes Talent Technology Corporation as one of the fastest growing companies in our industry," said Jade Bourelle, Chief Executive Officer Talent Technology Corporation.
"Our business strategy of penetrating multiple markets with leading talent acquisition technologies has been endorsed by this financing," added Bourelle.
Talent Technology Corporation focuses on providing software solutions through its award-winning HireDesk™ and Resume Mirror™ product lines. Solutions include:
1. Resume Extraction and Resume Search Component Technologies - Through the Resume Mirror product line, Talent Technology Corporation provides industry leading core technologies including Resume Extraction and Resume Search solutions which are used as building blocks in many of the HR software industries leading applications, job boards and custom built solutions. Clients include Taleo, Ceridian, Workopolis, Authoria and Virtual Edge (now ADP).
2. ERP Talent Acquisition Enhancement Modules - In addition, Talent Technology Corporation's Resume Mirror product line provides add-on modules that augment the recruiting systems of leading ERP solutions. Modules include the award winning Enterprise Applicant Manager™ (EAM™) product which was awarded Human Resources Executive Magazine’s 2006 Product of the Year Award. EAM has been validated with Oracle, PeopleSoft and SAP, and has recently been chosen for use by leading companies including Altera Corporation, McKesson Corporation, Intervoice and St. Vincent Health.
3. Recruiting Agency Platform Applications - Talent Technology Corporation’s HireDesk product line, (Human Resources Executive Magazine’s 2004 Product of the Year Award Winner), provides an award winning set of recruiting applications that provide a complete foundation to operate Executive search, Temporary Staffing and Recruitment Process Outsourcing firms. Leading clients include Lock & Associates, Stanton Chase, Hyrian, Novotus, Drake, AMN Healthcare Services and Availability, Inc.
4. Mid-Market Corporate Talent Acquisition Solutions - Talent Technology Corporation’s HireDesk product line also provides talent acquisition and hiring solutions to mid-market organizations with between 1,000 and 10,000 full time employees. In addition to providing complete candidate management capabilities, the solution also delivers capabilities that improve quality of hire, longer term employee retention and a basis for legal compliance in hiring. Key clients include Catalyst Paper, Bovis Lend Lease, Baker Robbins, Refinery Inc. and Corgan Associates.
About Talent Technology Corporation
Through its product families, HireDesk™ and Resume Mirror™, Talent Technology Corporation provides a range of award-winning recruiting and hiring technologies that automate and improve the talent acquisition process in a variety of industries.
Learn more at http://www.talenttechnologycorp.com or call 604-244-1115 for additional information.
President & Chief Executive Officer
Talent Technology Corporation
Talent Technology Corporation
Toll Free: 1-866-662-6669
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
# # #