BDI.L Regulatory News (BDI)

18 Sep 2007 07:03

Bond International Software PLC18 September 2007 For Immediate Release 18 September 2007 Bond International Software plc ("Bond" or "the Company") Bond International Software Continues Consolidation of Staffing Software Industry Bond International Software plc, today announced that its subsidiary eEmpACTSoftware, has acquired the staffing software division of California basedTraxStar Technologies LLC ("TraxStar"). The acquisition continues to solidifyeEmpACT's leadership position in the staffing and recruiting software industryby facilitating the migration for customers to a Microsoft SQL-based Windowssolution, complete with front and back office functionality. "We welcome TraxStar's loyal users into eEmpACT's family of over 1,000 customersacross the United States and Canada," said Tim Giehll, CEO of eEmpACT Software."This acquisition brings together two organizations that are committed tosupporting their customers and to delivering high-quality staffing software thatmeets their business needs and solves their business problems." Giehll continued, "This acquisition reinforces eEmpACT's commitment to continuallong-term growth and our desire to acquire those staffing software companieswhose customers could benefit from eEmpACT Software's ongoing investment insolutions and services. It also initiates what we are certain will be acontinuing consolidation of staffing software companies over the next two yearsas this segment of the software industry begins to mature." Mike Sweeney, President and CEO of TraxStar commented, "Partnering with eEmpACTwill be better suited for our customers, because eEmpACT is focused on thestaffing industry and has the global resources committed to all aspects ofstaffing software." For further information, please contact: Bond International Software Plc:Steve Russell : Group Chief Executive Tel: 01903 707070Bruce Morrison : Group Finance DirectorTim Richards : UK Managing Director Buchanan Communications: Tel: 020 7466 5000Tim Thompson / Nicola Cronk / RobinHaddrill About eEmpACT Software Since 1990, eEmpACT has designed software for temporary staffing services,direct hire recruiting companies, consulting firms and corporate human resourcedepartments to improve their productivity and deliver a higher level of serviceto their candidates, customers and employees. With nearly 1,000 customers andmore than 40 employees, the company has offices in Minneapolis, Atlanta andSan Francisco. Developed specifically for the staffing industry, eEmpACTsoftware combines a complete order/assignment placement and resume retrievalsystem with powerful accounting and customer relationship management (CRM)technology. Featuring both front- and back-office components, it provides atotal and seamless recruitment, assignment, payroll, invoicing general ledgerand accounts payable software solution that is smart, flexible and easy to use.Visit www.eempact.com for more information. About Bond International Software Group A publicly held company quoted on the London Stock Exchange, Bond InternationalSoftware Group (www.bondadapt.com) is a pioneer in the development and provisionof staffing software, support and consultancy services to the staffing andrecruiting industries. It supports more than 100,000 professionals in 42countries worldwide and has over 400 employees worldwide, with offices in theU.K., Australia, South Africa, Hong Kong, the U.S. and Canada. Since its founding in 1973, Bond has consistently combined innovation,dedication and market focus to forge ahead of its competitors. Its products andservices have achieved prestigious acclaim and are now the market choice of manyof the world's largest and most respected personnel organizations. Bond'sconsistently visionary perspective has enabled its network of global users tointerpret and manage dynamic, complex markets and realize tangible competitiveadvantage in the race for human capital. This information is provided by RNS The company news service from the London Stock Exchange