NEW YORK, Oct. 23, 2007 (PRIME NEWSWIRE) -- As businesses around the world hunt for ways to increase productivity, cut costs, and boost profit margins, Wall Street Reporter Television delivers exclusive interviews with executives from two prominent companies working to meet these new efficiency demands.
These video interviews can now be viewed at wallstreetreporter.com.
Deepak Gupta, President and CEO of Workstream Inc. (Nasdaq:WSTM), describes his company's position as "a leading provider of on-demand talent management solutions." Gupta adds, "We provide solutions from hire to retire."
Highlights of the Interview Include:
-- A discussion of Workstream's industry-leading integrated suite of
recruiting, benefits, performance-evaluation, and other workforce
management products and services.
-- The company's 400-strong global clientele, which includes Chevron,
Home Depot, and Wells Fargo, make it a "clear winner" in a $3
billion industry.
-- Management's expectations "to have 25% of the world using (their)
products."
-- Gupta's confident prediction of a forthcoming inflection point,
not just for Workstream, but the workforce management industry,
as a whole.
Another company focused on helping companies' efficiency of operation is China Direct Inc. (OTCBB:CHND), whose President, Marc Siegel, tells us how they are "moving very quickly" in their efforts to bring Chinese companies to the global stage.
"We give full-service consulting to Chinese companies that are private in China and help take them public in the U.S.," Mr. Siegel tells WSRtv. "We train the management of these companies to understand what it's like to be a public company, so before they have to actually swim with the sharks, we teach them how to swim with the fish."
Topics of Interest for Investors Include:
-- Details on how China Direct helps their clients who aren't
"ready for the culture shock" of going public in the United States
deal with GAAP, full disclosure, Sarbanes-Oxley, and other
requirements of a U.S. listing.
-- The company's focus on adding high-growth industries, such as
natural resources, including the additions of magnesium,
chemical, zinc, and alternative energy interests to its
portfolio. "We're in the right place at the right time," says Mr.
Siegel.
Details on China Direct's soaring revenue, which has climbed from $1.5 million to $150 million over the last 24 months, while their earnings have increased to roughly $8.5 million, up from $400,000.
Wall Street Reporter (Est. 1843) is the premier source of investment information on global small-cap public companies in high-growth sectors. Through their magazines, special reports, website and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street and has become a "must attend" and "must read" for a "who's who" of the investment community.
About Workstream Inc.
Workstream Inc. provides enterprise workforce management solutions and services for the entire employee lifecycle, "from hire to retire." Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards and Transition.
About China Direct Inc.
China Direct Inc. (CDI) is a diversified management and consulting company on a mission to empower mid-sized Chinese entities to effectively compete in the global economy. As a direct link to China, the organization serves as a vehicle to allow investors direct participation in the rapidly growing Chinese economy.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.