Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Webhire (HIRE) - Enters the Softbank Web -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (39)	10/17/2000 8:36:41 AM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 41

Hope to see more sales and profits in 2001! Tuesday October 17, 8:28 am Eastern Time Press Release Upgraded Webhire Agent Delivers Powerful Candidate Mining Features Release 3.0 of Industry-Leading Automated Resume Search and Evaluation Service Boasts Improved Statistical Reporting and Recruiter Productivity Improvements LEXINGTON, Mass.--(BUSINESS WIRE)--Oct. 17, 2000-- Webhire, Inc. (Nasdaq:HIRE - news), the leading application services provider (ASP) in the Internet recruiting marketplace, has delivered an upgraded version of its industry-leading automated resume search and evaluation service, Webhire Agent. Now Webhire Agent, one of the top-selling automated candidate searching tools, boosts its power with improved search results displays and enhanced productivity features. Current subscribers to Webhire Agent will have access to these features immediately. Release 3.0 of Webhire Agent provides a dramatically enhanced statistical reporting capability designed to help recruiters focus searches more effectively. Within Webhire Agent, recruiters will now have direct access to results data organized by specific resume source, with complete information on the number of resumes found at each source, plus detailed information on how those resumes were filtered by Webhire Agent. ``The powerful new features of Webhire Agent make this best-of-breed recruiting tool even more valuable for corporate recruiters and hiring managers,'' said Marty Fahey, Webhire president and CEO. ``Today's announcement is another example of our commitment to constantly improve our industry-leading ASP offerings. Webhire continues to extend its lead in the ASP recruiting market. Each business day, an average of three new companies make Webhire their choice for recruiting solutions.'' About Webhire Agent Webhire Agent helps recruiters by automatically searching through the millions of potential candidates who have placed their resume on the Internet in Use.net groups, on personal home pages, and in numerous on-line databases. Webhire Agent acts like a virtual recruiter, evaluating the resumes it finds on the public Internet against the specific skills qualifications needed for a particular job opening and delivering a relevance-ranked results list of the best qualified resumes back to the recruiter's desktop. In addition, recruiters can have Webhire Agent automatically send a customized email message to the best potential candidates, alerting them to the open job, and providing the candidate with direct links to the job description or to a corporate home page. Webhire Agent provides corporate recruiters with unprecedented access to candidates across every corner of the Internet. In addition to mining the millions of resumes contained in personal home pages, online discussion threads and use.net groups, Webhire Agent searches the Web's most popular free resume resources, including the more than 2.5 million resumes contained in America's Job Bank. Webhire has also created searching partnerships with many leading subscription-based online resume databases, including Yahoo! Resumes, BioView and CampusCareerCenter.com, so that these powerful resources can be included in any Webhire Agent search. Webhire Agent can be purchased directly over the Internet at webhire.com. Annual subscription prices start at $3000/year. More information is available at 1-877-WEBHIRE. About Webhire With over 1000 corporations as subscribers, Webhire is the leading Applications Services Provider (ASP) in the Internet recruiting marketplace. Webhire's business-to-business Internet recruiting solutions help employers use the Web to quickly and cost-effectively advertise job openings, attract and evaluate talent, and manage the hiring process. Webhire also manages one of today's best-known corporate Internet recruiting services, Yahoo! Resumes. Webhire's customers, including Internet companies like Akamai Technologies, and Pets.com, fast-growing firms like Millennium Pharmaceuticals and Rational Software and Fortune 500 enterprises such as American Express and Boeing, represent every part of the economy. Webhire is aligned with key Internet players SOFTBANK, Korn/Ferry International and Yahoo! Recently, Webhire teamed with IdeaLab to launch refer.com, a new candidate sourcing site that leverages personal referral networks to identify qualified candidates. More information about Webhire is available on the World Wide Web at webhire.com or by calling 1-877-WEBHIRE. Webhire, based in Lexington, Mass., is traded on the NASDAQ National Market under the ticker symbol HIRE. Webhire is a trademarks of Webhire, Inc. All other products and trademarks mentioned may be registered trademarks or trademarks of their respective owners. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company's actual results could differ materially from those set forth in the forward-looking statements. Factors that might cause such a difference include effectiveness of strategic partnerships, changes in technology and industry standards, increased competition and market acceptance of the Company's products and services and those of its competitors. Contact: Webhire, Inc. Greg Mancusi-Ungaro gregmu@webhire.com 781/869-5324