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Stuart Gentle Publisher at Onrec

HRsmart Inc announce its first quarter results

Continued trend of growth and profitability

HRsmart Inc., a global provider of Web-based talent management solutions and one of the fastest growing, most profitable firms in the industry, announced that its first quarter results continued its trend of growth and profitability. Revenues for the period ending March 31, 2005, increased 76 percent when compared to the same period in 2004.



In addition to the increase in revenues, the companyís net income increased by 257 percent while operating income increased by 324 percent.

ìWeíre extremely pleased with our strong first quarter performance. Our success is a direct result of our dedication to effectively and efficiently meet our customerís needs for a total talent management solution,î said Mark Hamdan, president and CEO of HRsmart. ìThe principal driver for our growth has been referrals from our customers, while a major reason behind our continued profitability has been the loyalty of our clients.î

During the first quarter of 2005, HRsmart added more than 20 new implementations including new clients such as Turner Construction, WAWA, EDFUND and Register.com, among others.

Distributed by HR Marketer.com

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