HRMDIRECT ANNOUNCES SUCCESSFUL COMPLETION OF RESUME DIRECT EVALUATION PROGRAM

Boston, MA, November 7, 2003 (HRMDIRECT)—Director of Product Development A.G. Gilbert today announced the successful completion of nationwide alpha trials for HRMDirect's flagship product, Resume Direct. Over the past month, HRMDirect sales and development staff met with top HR executives from companies in a range of industries including defense, high technology, financial services, and entertainment media to demonstrate prototypes of the industry's first true Resume Efficiency System.

"Most new products receive a mixed reception in their early stages, before all the details are worked out," Gilbert said. "But nearly every person we met with, from directors of HR to individual recruiters, said this was the first product they had seen that clearly addressed the pain of dealing with inbound resumes."

According to evaluating companies, Resume Direct is the first product to focus on the resume evaluation process to deliver immediate efficiency gains for both HR departments and hiring managers. One respondent said that most tools in the market today try to provide full-lifecycle applicant tracking functionality, which is complicated to use and fails to deliver meaningful return on investment except at companies with 10,000 or more employees.

"The key problem companies face today is turning hundreds of applicants into tens of candidates," said HRMDirect director of sales Colin Kingsbury. "Resume Direct will succeed because it solves that problem in a cost-effective way that doesn't force companies to change the tools they use today." Resume Direct allows companies to continue using current hiring portals and job boards to advertise open positions as well as in-house resume archival systems without costly customization.

Corporate buyers also praised HRMDirect's Application Service Provider business model and predicted list pricing. "As a 100% Web-based product that requires no local IT support, companies can integrate Resume Direct into their current processes in just a few hours," Gilbert said. "Our mission is to make this product attractive to companies with as few as 100 employees, who could never afford the cost of dedicated in-house software."

For more information, contact HRMDirect's Corporate Sales Team at 877-HRM-DIRECT or sales@hrmdirect.com

About HRMDirect
HRMDirect was founded in April 2003 to bridge the gap between low-end Applicant Tracking Systems that solve few problems and sophisticated enterprise software that only the largest companies could afford. Our flagship product, Resume Direct, combines the power of automated resume processing technologies with the simplicity of an entirely web-based user experience. Resume Direct was the industry's first true resume efficiency system. HRMDirect is headquartered in Boston.