PHOENIX, Oct. 4, 2007 (PRIME NEWSWIRE) -- The Employer Inc. (Pink Sheets:EPLI) is pleased to announce that they have received an initial approval from the Chamber of Commerce and will now move into the final stage of negotiations. The Employer went up against a major national firm and succeeded in earning the exclusive opportunity to service the needs of Chamber of Commerce members.
The strategy to service the Chamber of Commerce consists of a program designed to provide a revenue sharing platform that is an advantageous solution for the Chamber's small to medium sized employers.
With the success of this initial Chamber of Commerce service agreement the Employer intends to utilize this model as a footprint to penetrate this market nationally, starting with California as the next targeted territory. Each Chamber of Commerce represents an estimated 150 to 300 employer members. This strategy is anticipated to be one of the Company's largest sources of growth.
The Employer's market segment encompasses job development and job placement services. One of the largest service providers in this market today in the United States produced over $1 billion in sales in 2006. Their sales represented less than 5% of the estimated worldwide demand. The Employer, Inc., founded in 2006, has developed the expertise needed to capture a significant percentage of the unmet worldwide demand. The Employer currently lists over 2 million job openings daily, refreshed every 24 hours.
"We are very happy to have succeeded in this negotiation. It proves we are at an advantage in the industry. We are pleased to have a service that is attractive to our clients, and business model that can be duplicated in major cities nationwide," stated Warren Guth, Director of Special Markets, The Employer Inc.
About The Employer, Inc.: The Employer Inc. is an employer/job seeker human resource service company focused on a variety of industries. The company provides recruitment and job placement services in the professional, management, clerical, administrative, service and industrial markets.
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Forward-looking statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the companies dependence upon third-party suppliers, intellectual property rights and other risks.
For more information, go to our website at www.TheEmployer.com or email Info@TheEmployer.com.