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Contract Extension

6 Nov 2006 07:01

Bond International Software PLC06 November 2006 FOR IMMEDIATE RELEASE 6 November 2006 Bond International Software plc ("Bond" or "the Company") Β£2m Contract Extension with Hays Resource Management Bond International Software Plc, the specialist provider of software for theinternational recruitment and human resources industries, with operations in theUK, USA and Australia, is pleased to announce that Hays Resource Management,part of Hays plc ("Hays"), the UK's largest publicly listed recruitment group,has decided to renew their existing contract in a deal worth Β£2 million over a 3year period. Bond supplies Adapt software to Hays Resource Management, who have over thecourse of many years configured it to their specific requirements and offered itto their client base as part of a managed Recruitment Process Outsourcingservice under the name HaysWorkflow Hays undertook a review to ensure that they had a "best of breed" system tosupport both their existing clients and their strategy for future expansionglobally. After five months of detailed analysis of specialist recruitmentsoftware in the US, Europe and the UK, Hays concluded that HaysWorkflow wasstill the right choice to enable them to meet their business targets. The reviewpraised the product's completeness of functionality, highlighting itsdevelopment and configuration facilities as well as its Temporary WorkerManagement function. Last year, Hays filled over 160,000 temporary and permanent specialist jobs withover 30,000 employers. Currently 26 Hays Resource Management clients in the UKand Australasia, leading edge public and private sector organisations, interfacewith Bond's technology via HaysWorkflow. Steve Russell, Chief Executive of Bond International Software, commented: "We are delighted that Hays Resource Management has chosen to continue using oursoftware Adapt. Their commitment emphasises that our suite of software is thecornerstone of successful business operations for most of the major recruitmentconsultancies worldwide which is a responsibility we continue to take veryseriously. " For further information, please contact: Bond International Software Plc:Steve Russell : Group Chief Executive Tel: 01903 707070 Tim Richards: Managing Director trichards@bond.co.uk Buchanan Communications: Tel: 020 7466 5000Tim Thompson/ Nicola Cronk Hays Resource Management: Tel: 020 7763 3293 Maggie Benson : Head of Business maggie.benson@hays.comTechnology Note to editors: Bond International Software is the world's premier provider of staffing softwareto recruitment consultancies and corporations. It has over 30 years experiencein the development and creation of products and services that have becomeindustry standards. Headquartered in the United Kingdom, the group also hasoffices in the United States, Australasia and South Africa with a global team ofover 200 employees. www.bond-adapt.com Hays plc is the UK's largest publicly listed recruitment group and a worldleading specialist recruitment and HR Services Company for both Corporate, SME &Public Services clients and for professionally & technically qualifiedcandidates. Hays Resource Management is the market-leading provider of HR andRecruitment Process Outsourcing services. www.haysrm.com This information is provided by RNS The company news service from the London Stock Exchange
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