HRsmart Brazil experiences 20 percent growth in 2008

HRsmart, a leading global provider of integrated talent management software, continues to recognize significant growth in its Latin American markets. HRsmart Brazil announced a 20 percent growth in revenue in 2008, supported by an increased focus on its prime market and driving revenues through its existing client base, while acquiring new business.

Brazil is one of the world's largest markets, the fifth-most populous country and the tenth-largest economy in the world in GDP terms. HRsmart continues to see increased interest in technology solutions among business leaders in Brazil which helps to fuel our growth, said Paul Fonolla, President of International Operations for HRsmart. The ability of our team in Brazil to take our existing applications and localize them for the market allows HRsmart to remain several steps ahead of the competition.

The company added significant accounts to its roster in 2008 including, Sodexo, the world leader in food and facilities management services; Fidelity; Logica, the leading IT and business services company in Brazil; Laborh; Banco IBI, the largest Brazilian IT services provider; CPMBraxis; Onset, a leading IT outsourcing company in Brazil; Sysmap Solutions; and Complex, one of the largest IT consulting firms in Brazil.

Our current client satisfaction and expertise in talent management technology has fueled our growth in Brazil, said Ricardo Dallalana, General Manager for Brazil. We are delighted to provide talent management solutions to these organizations and look forward to building long-term relationships with them.

Today, HRsmart Brazil has customers across verticals including Banking, Manufacturing, HR Outsourcing, IT, Automotive, Retail and Healthcare. HRsmart Brazil has many well known and worldwide customers including C&A, Goodyear, Caterpillar, TRW, Veyance, Atlas Schindler, Flextronics; and Brazilian companies including Grupo Abril, Laboratrios Fleury, Votorantim Finanas and Grupo Newcomm.

HRsmart is a global talent management software company, with global application development sites and operations in 10 countries worldwide and expanding.