AUSTIN, Texas, Dec. 15, 2008 (GLOBE NEWSWIRE) -- Talent Alliance, Inc. (Pink Sheets:TLAN), announced today that its Direct Placement division, Soar Consulting, recorded a record $242,418 in placed sales for the month of November, eclipsing the previous single month record by over $25,000. Placed sales are candidates hired by customers, but not yet onboarded, so the actual accrual for these sales occurs in later months. The record month tallied 20 candidates placed with 12 different clients. All of the contingent placements are scheduled to begin employment within the next 6 weeks. Soar Consulting is a leading provider of military transition recruiting, specializing in military transition jobs, matching transitioning junior military officers (JMOs) and enlisted leaders and technicians with some of America's most respected companies.
"We are continuing to see great results in the technical talent and leadership marketplace despite the news that hiring projections are slowing or even stopping," said Chris Beck, EVP of Global Sales for Talent Alliance. "Some of this demand is in response to aggressively marketing and deploying our unique solutions. Our strategy is geared towards solidifying partnerships with customers in the energy, technical services, and non cyclical industries. The solid sales performance is a testament of our experienced sales force executing the plan. Companies put tremendous value into the core intangibles a former military candidate brings to the work force, especially in a down market."
Talent Alliance and Soar Consulting expect the strong sales to continue with the addition of their TalentExchange platform which recently launched in China (www.chinaTalentexchange.com) and the United States (www.ustalentexchange.com). The TalentExchange is an online marketplace built to streamline the talent acquisition cycle for employers and increase efficiencies for recruiting vendors.
For more information please visit www.TalentAllianceIntl.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 1,050 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.