Acquisition of DataForce Systems Reinforces eEmpACT's Standing Atop Staffing-Software Industry; Move Doubles Customer Base, Accelerates Industry-Wide Consolidation.Business Editors/High-Tech Writers BLOOMINGTON, Minn.--(BUSINESS WIRE)--Feb. 11, 2004 Perennial leader eEmpACT Software continued to shake up the staffing and recruiting software industry today with an announcement that it has acquired DataForce Systems. The acquisition, the company's second in just 12 months, will nearly double eEmpACT's customer base, from 530 to 970, making it the largest staffing and recruiting software company in the world. The move, which comes at a time when other software companies of all kinds are struggling just to survive, follows closely on the heels of eEmpACT's announcement of eEmpACT EXPRESS, an innovative back-office accounting solution priced 50-75 percent below all other comparable systems. And it comes just one year after the company launched a revolutionary three-tiered "lowest-priced" structure - the entry-level version of which sells for only $199 per user - that effectively changed the industry's pricing paradigm by putting eEmpACT's top-rated software within the reach of every staffing and recruiting firm in the country. "DataForce was one of the very first staffing-software companies, as well as one of the largest, and we welcome their customers and employees into our fold," says eEmpACT CEO Tim Giehll, whose company - which licensed a copy of its source code to PeopleSoft in 2000 - plans one or two more acquisitions in 2004. "This reinforces our commitment to a continual long-term growth strategy, which we announced last fall, and accelerates what we are certain will be a growing consolidation of staffing-software companies over the next two years. But while we're growing, we're still enhancing our product and service offerings, which are stronger than ever before." "I wholeheartedly endorse the acquisition of DataForce by a dynamic industry leader like eEmpACT," says DataForce co-founder Bob Gibson. "It means that DataForce's new vision of industry leadership will now be realigned with its original mission from 1984. This will be good for all parties involved - and for the industry as a whole." About eEmpACT eEmpACT (www.eempact.com) is a privately-owned company that has enjoyed a strong 13-year history of growth and market leadership in the staffing industry. Customers currently include eight national accounts and hundreds of mid-size companies and franchises throughout the United States. eEmpACT delivers the most innovative, powerful, comprehensive and reliable front- and back-office human-capital management solution on the market today. It is designed to help temporary staffing services, direct-hire recruiting companies, consulting firms and corporate human-resource departments improve productivity and deliver a higher level of service to their customers and employees. Integrated with Microsoft technology, eEmpACT provides a comprehensive order-placement and resume search system along with powerful accounting and business management technology and can be used on a stand alone PC or in a variety of networking environments, including Citrix thin-client, and Windows 2000. If you are interested in conducting an interview with Tim Giehll, chief executive officer at eEmpACT, please contact Chryssa Zizos by phone at 703-519-1600 Ext. 101, or by e-mail at czizos@livewiredc.com. |
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