Recruiternet announces record sales of Projectix applicant tracking application

Recruiternet, a provider of integrated solutions for managing corporate hiring strategies, announced record revenue and increased sales of its Projectix applicant tracking and talent management software to start 2005. In the period from January through April, Recruiternet reported 125% revenue growth over the same period in 2004, including sustained profitability. In the first quarter of 2005, Recruiternet added 13 new enterprise level clients, expanding the world-wide Projectix client base to more than 115 mid- to large-sized corporations and more than 20,000 desktop users.



In addition to sustaining growth of direct sales in North America, Recruiternet has also leveraged the advanced global capabilities of Projectix to achieve impressive growth in the European market. Recruiternet Europe, a wholly owned subsidiary headquartered in the United Kingdom, more than tripled revenue over last year and added several major clients. Projectix supports talent management across an organisation and around the globe, offering 13 standard language translations and complete localisation of the data scheme.

ìCreating Projectix solutions tailored to UK-based hiring processes has given us an edge,î added Russell Crisp, Managing Director of Recruiternet Europe. ìThe flexibility and global capabilities of Projectix allow us to adapt the system to the unique needs of our clients. We can combine the power of a proven applicant tracking solution with our knowledge of local hiring processes to offer a uniquely powerful business solution.î

ìThe feature and technology advantages of Projectix continue to drive our growth as a company and a premiere applicant tracking and talent management solution provider,î said Robert Neveu, President and Founder of Recruiternet. ìBy deploying Projectix to power both hourly and salaried hiring, tailored to support complex hiring processes, we are able to collaborate with clients to create and streamline a truly continuous hiring workflow. Our focus on client success from the time of job creation to a new employeeís first day is consistently recognised as setting us apart from the competition and creating demonstrable cost savings and returns on investment.î
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Projectix has been consistently ranked as a leading applicant tracking solution by independent sources. Gartner, Workforce Management and ERExchange have all included Projectix in their analyses of leading solution providers. Projectix has been noted for its high levels of flexibility through technologically advanced configuration capabilities and a collaborative services approach. By leveraging .NET technology from the ground up, Projectix is tailored to a companyís particular recruiting process, including seamless Human Resource Management System integration, complementary service offerings and advanced workflow support.