AUSTIN, Texas, July 23, 2008 (PRIME NEWSWIRE) -- Talent Alliance, Inc. (Pink Sheets:TLAN), a global provider of talent acquisition and talent management solutions primarily operating in the United States and in the People's Republic of China, announced today that the Company has completed a merger with Soar Consulting, Inc., a leading provider of military transition recruiting. Immediately following the merger, Soar Consulting, Inc. will be a wholly owned subsidiary of Talent Alliance, Inc.
Soar Consulting specializes in military transition jobs, matching transitioning junior military officers (JMOs) and enlisted leaders and technicians with some of America's top companies interested in recruiting candidates with developmental potential.
Soar's unique structure for military transition differentiates them from other JMO recruiters because Soar's leadership team works personally with candidates (JMO, enlisted, and technical) and client corporations. In accordance with the merger transaction, Mr. Brian Davis from Soar Consulting is named Vice President of Operations, and Mr. Chris Beck is named Vice President of Business Development of Talent Alliance, Inc.
"Today, Talent Alliance International formally announces a completed merger with Soar Consulting. This strategic move positions Talent Alliance International as a global Human Resources corporation capable of delivering a full suite of services to include Vendor Management Systems, Permanent Placement Recruiting, Staffing, Payroll Processing, and Benefits Management, and now Military Transition Recruiting," commented Matt Cartwright, CEO of Talent Alliance. "Soar Consulting is an industry leader in Military Placement among Fortune 1000 organizations and will operate as a wholly owned subsidiary of Talent Alliance. Soar brings proven recruiting processes, state of the art technology, and a diverse portfolio of top tier customers and candidates located throughout the United States. The Soar merger provides additional offices in California, and Florida, however, the Global Headquarters shall remain in Austin, Texas. We are very pleased to announce this merger and feel as if the combination of these two companies will provide a more powerful platform for us to execute our global growth strategy and deliver returns to our shareholders."
About Soar Consulting
Founded in 2002, Soar Consulting is America's fastest growing military recruitment firm. Soar Consulting is committed to exceeding the expectations of their military candidates and their client corporations. With a customer list that includes Fortune 500 members and emerging growth companies, Soar Consulting sources talent from the military to match specific skill sets within civilian companies. For more information please visit www.soarcareers.com.
About Talent Alliance:
Based in Austin, Texas and Shanghai, China -- Talent Alliance, Inc. provides talent management and talent acquisition technology applications and resources in the United States and The People's Republic of China. Talent Alliance provides world class permanent placement recruiting, contingent staffing, employee leasing and benefits management services, and proprietary talent acquisition technology solutions to small, medium sized businesses and multi-national corporations in the United States and the People's Republic of China. The Company currently has offices in Texas, Florida, California, and Shanghai China with over 1,018 employees worldwide.
Forward-Looking Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, product market trends, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.