HRsmart Announces Stellar 2007 Results Reflecting Growth In Revenue, Client Base and Workforce

HRsmart, a global provider of the talent management application suite, announced today that it has exceeded all financial and strategic goals for 2007. The company added more than 200 new clients to its roster resulting in a revenue increase of more than 70% over 2006. In addition, the company opened nine new offices globally, including South Africa and Australia, and multiple offices in the Middle East and Far East Asia.

In 2007, HRsmart introduced its enhanced talent management suite in more than nine countries with a focus on key functionality designed to help companies optimize their recruiting efforts as well as capitalize on their existing talent. Growth in global markets is a result of the demand for these talent management suites in regions where HRsmart's flexible design allows for pure localization. The company views localization as not only language and semantics support, but also changes in process flow, based on cultural practices and nuances.

Based on HRsmart's financial philosophy of self-funding and sound business practice implementation, our future is very bright and exciting, said Mark Hamdan, President and CEO of HRsmart. We look forward to meeting our clients talent management needs through multiple offerings all connected through a common database while managing our business in a way that allows us to continue supporting them for years to come.

HRsmart's progress has allowed the company to expand its workforce by more than 75 percent, thus enabling the company to maintain its reputation as a client-centric organization. As a provider of choice for more than 500 organizations around the world, HRsmart continues to expand its product and service offering with a focus to meeting demand in market needs and trends.