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Press release distributed in partnership with ... 
JobApp Network Reports Record Growth and Secures Credit Facility to Fuel Expansion
JobApp Network, the provider of the leading web and IVR hiring management system for employers with hourly employees, announced a fifth consecutive record quarter of revenue growth. Additionally, during the months of March and April 2009 JobApp signed 27 new multi-unit client agreements.
Troy, Mich. (PRWEB) May 4, 2009 – JobApp Network, the provider of the leading web and IVR hiring management system for employers with hourly employees, announced a fifth consecutive record quarter of revenue growth. Additionally, during the months of March and April 2009 JobApp signed 27 new multi-unit client agreements. Strong revenue and earnings momentum has also enabled the Troy, Michigan based company to secure a credit facility arranged by Vineyard Capital Group, a private equity fund based in Southfield, Michigan to further expand and accelerate sales and distribution.
JobApp Network has clients in all fifty states and Puerto Rico today, representing more than 1,600 hiring client locations. Since the beginning of the current recession in December 2007, over 30 million Americans have filed first-time unemployment claims, based on the Department of Labor’s weekly first-time unemployment claims data. With 8.5% national unemployment and a third of all states in the union experiencing unemployment greater than 10%, most hiring organizations are inundated with applicants, making it more difficult than ever for most employers to identify and acquire the right talent because the needle is that much harder to find in a significantly larger haystack.
Additionally, most leading organizations are increasingly investing in hiring automation to slash expenses associated with costly and repetitive manual tasks related to applicant screening and assessments, background checks, Form I-9 compliance, Work Opportunity Tax Credit (WOTC) screening and processing and E-Verify, thus freeing up restaurant, store, facility and hiring managers to focus on revenue, customer service and strategic tasks.
"JobApp continues to deliver strong, measurable and hard-dollar savings to its clients with its core hiring solution, while boosting client cashflow with its innovative and highly effective web and IVR-based employee tax credit screening and processing solution," stated Blake Helppie, Chief Executive Officer of JobApp Network. "We expect very robust growth throughout the rest of 2009 and 2010," Helppie added.
About JobApp Network
The Troy, Mich.-based company provides a unique subscription-based, automated phone and web-based solution for employers with hourly employees. JobApp uses patented services to source, screen and score future employees, streamlining the hiring process, improving the quality of hire and reducing turnover. JobApp’s integrated talent acquisition and services platform includes background checks, tax credit screening and processing, electronic I-9 and W-4 management, and Onboarding under one roof. To learn more about JobApp Network please contact, 1-866-JOBAPP6 or visit us on the web at www.jobappnetwork.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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