April 12 2007 - HRsmart, a leading global provider of talent management technology solutions and one of the fastest growing and most profitable firms in the industry, announced today a more than 70-percent increase in revenue for the first quarter 2007 in year-over-year sales.
HRsmart contributes the growth to its clients' loyalty, increasing market awareness of its robust product line, as well as increasing client interest in integrated talent management solutions. The quarter produced 68 new clients which equates to 113 new product implementations, making it one of the fastest growth periods in HRsmart history.
"Senior business leaders continue to realize the tremendous benefits of the fully-integrated talent management application suite," said Mark Hamdan, president and CEO of HRsmart. "Being able to offer our solutions as stand-alone and integrated allows organizations to add new technology as their business processes require it."
HRsmart boasts a client roster of more than 450 clients and 570 implementations around the world. The company recently launched new operations in the Middle East Region, giving it presence in seven countries outside the US. In 2007 the company plans to expand to three other countries in Europe and the Far East. The company's rapid growth has landed it on the Inc 500 list for three consecutive years and on the Deloitte Fast 500 for the past two years as one of the fast growing technology companies in the nation.
About HRsmart, Inc.
Founded in 1994, HRsmart provides the fully-integrated Talent Management Application suite including applicant tracking, performance management, learning management, career development and succession planning.
HRsmart supports a wide range of clients globally including the medical, retail, manufacturing, financial, government, hospitality, petrochemical and telecommunications industries, among others.
Many organizations, including Fortune 500 companies, commercial public career boards and recruiting firms turn to HRsmart for their talent management needs.
HRsmart has operations in the United States, Europe, Canada, Latin America, South Africa, and the Middle East. For more information, please visit www.hrsmart.com.
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