Vurv Technology Inc. Continues Momentum in Strong First Quarter

Vurv Technology, formerly Recruitmax, a global provider of technology and services for building great workforces, today announced that it had continued its strong growth and momentum from 2005 for the quarter ended April 30, 2006. It was the 34th consecutive quarter that Vurv has increased revenues.

The company added 11 new enterprise clients during the quarter, including chemical giant Lubrizol Corporation, G&K Services, a leading provider of corporate uniforms and Vivendi Universal Games, Inc., a world leader in the interactive games market. The strong first quarter follows a record-breaking 2005 in which Vurv grew more than 75% over the previous year, was first-to-market with several innovative products and continued it global expansion.

ìWeíre off to a great start in 2006 following our record-setting 2005,î said Derek Mercer, Vurvís founder and CEO. ìCompanies are clearly embracing Vurvís message of comprehensive workforce management solutions and services that increase efficiency, add value and boost productivity. We expect to build on this momentum for the remainder of the year and beyond as we add clients, announce new partnerships and redefine the processes by which organizations build, develop and retain the worldís most exceptional workforces.î

Vurv continued its steady growth in international markets, signing Tribal Resourcing, a UK-based consulting firm that helps place candidates at more than 2,500 public service organizations. In April, the company announced an alliance with ARINSO International, a Belgium-based provider of HR technology consulting and outsourcing services. ARINSO will integrate Vurv applications into its bundled HR Outsourcing offering.

Last month Vurv signed an alliance with job board leader Monster.com that will mean a tighter integration of products and services and offer best-of-breed recruitment and workforce management solutions to global, cross-industry organizations. The agreement enables Vurv clients to more quickly post jobs on Monster.com, ensuring faster access to top candidates and shorter response times by these job seekers. Recruiters can post a job simultaneously on their Vurv-hosted career site and on Monster, while candidates can use their Monster profile to pre-populate an organizationís Vurv-hosted site.

In May, at its annual user conference, the company also announced several key initiatives, including Vurv Strategy, an advisory and consulting division and Vurv University, a new, self-service training and certification program for customers, partners and employees.

ìOur comprehensive approach to workforce management is resonating loudly in the HR community,î said Mercer. ìRecruiters, managers and senior executives overseeing human capital management strategy are increasingly tapping into our unique and vast array of services. Our software and services have become the industry standard in this fast-growing market.î