Kenexa Acquires Quorum International - Global Recruitment Process Outsourcing Provider

Kenexa, a global provider of talent acquisition and retention solutions today announced its acquisition of London-based Quorum International, a leader in providing recruitment process outsourcing (RPO) services to multi-national corporations throughout Europe, the Middle East and Africa for almost ten years.

Kenexaís Chief Executive Officer, Rudy Karsan, said, ìThis acquisition broadens Kenexaís global presence and strengthens our position as an industry leader for companies to turn to when they are looking to ëbuild the worldís greatest workforce--one employee at a time.í With teams already in place in Madrid, Paris, London, Munich, Dubai, Krakow and Zurich, this acquisition enables Kenexa to provide continued local support and expanded services to our growing client base in these regions. Additionally, recruitment teams at client sites in Amsterdam, Hong Kong, Milan, Copenhagen, Stockholm, Frankfurt, Johannesburg, Warsaw, Tel Aviv and Zagreb will seek to expedite the seamless transition for our customers.î

Quorumís CEO, Paul Fairbank, said, ìWe believe that the combination of Quorum and Kenexa brings together two great organizations and creates one of the strongest teams in the global recruitment market. For Quorum, it was of primary importance that Kenexa shares our dedication to world-class service and customer satisfaction. We anticipate that the combining of our two companies will provide an enhanced value-creating partnership for the customers, employees and shareholders of both companies.î

Financial details of the transaction were not disclosed.

Forward-Looking Statements
This press release includes certain ìforward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as expects, anticipates, intends, plans, believes, seeks, estimates or words of similar meaning. These statements may contain, among other things, guidance as to future revenue and earnings, operations, expected benefits from the BrassRing transaction, prospects of the business generally, intellectual property and the development of products. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under the caption Risk Factors in Kenexaís most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission and as revised or supplemented by Kenexaís quarterly reports on Form 10-Q. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors, Kenexaís ability to implement business and acquisition strategies or to complete or integrate acquisitions (including BrassRing). Kenexa does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.

How to minimise costs in recruitment during a downturn
Attend the Online Recruitment Conference & Exhibition on 3rd June 2008
www.onrec.com/june