AUSTIN, Texas, March 9, 2009 (GLOBE NEWSWIRE) -- Talent Alliance, Inc. (Pink Sheets:TLAN), announced today that its Direct Placement division, Soar Consulting, injected over $9,500,000 in new salaries into the economy in 2008. 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.
"Not only did we see an overall 22% growth in sales from last year in our direct placement division, we also experienced increases in several key performance indicators including: average placement free, average starting base salary, and average number of monthly candidates placed, " said Jeff Williams, VP of Recruiting for Talent Alliance. "It should also be noted that our strongest quarter was the fourth quarter despite the slowing economic trends. We attribute this to our focus on the clean-tech and infrastructure industries as they continue to see market expansion from the influx of government contracts and spending."
Talent Alliance and Soar Consulting recently launched their TalentExchange platform in China (www.chinaTalentexchange.com) and the United States (www.ustalentexchange.com). The TalentExchange is an online recruitment 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.
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.