AUSTIN, Texas, Nov. 19, 2008 (GLOBE NEWSWIRE) -- Talent Alliance, Inc, (Pink Sheets:TLAN) a global provider of Talent Acquisition and Talent Management Solutions announced today it has contracted with Heraeus Holding, a 155 year old multi-billion dollar family owned precious metals and technology firm headquartered near Frankfurt, Germany. Heraeus Holding will utilize Talent Alliance's global recruitment vendor management system, TalentExchange, to fulfill its human capital requirements.
Talent Alliances's TalentExchange is a web-based application that acts as a fluid medium for business to manage and procure staffing services, contract workers, and additional contingent workforce. It can be customized on a client-by-client basis for both permanent placements and contract workers depending on the market and the specific needs of a client.
"The commitment of Heraeus Holding is a very significant event for us since it once again demonstrates that a global leader believes in our unique, world class technology platform when it comes to fulfilling their staffing concerns," said Brian Davis, CEO of Talent Alliance, Inc. "Our platform drastically outperforms our competition which includes manual systems and processes. It also increases efficiencies and streamlines hiring processes that ultimately saves time and money and provides the client with a comprehensive solution for their hiring needs."
Heraeus (www.heraeus.com) is a globally active precious metals and technology Group with firm roots in Germany, headquartered in Hanau near Frankfurt. The company has been family-owned for more than 155 years. Precious metals, sensors, dental and medical products, quartz glass, and specialty lighting sources are the focus of its activities. Heraeus currently holds more than 4,700 patents, and invests approximately Euro 60 million in research and development annually. In 2007, Heraeus generated more than Euro 2.9 billion in product revenue and Euro 9.3 billion in trading revenue with more than 11,000 employees in over 100 subsidiaries.
Heraeus joins several other large, international companies among the ranks of Talent Alliance clients such as Lutron, Wal-Mart, and Caterpillar.
About Talent Alliance:
Based in Austin, Texas and Shanghai, China, Talent Alliance, Inc. (www.TalentAllianceIntl.com) 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 1,000 employees worldwide.
The Talent Alliance, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5520
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.