Atlanta Information Technology Recruiter Helps Local Internet Startups Succeed.

Business Editors/High Tech Writers

ATLANTA--(BUSINESS WIRE)--Jan. 20, 2000

Innovative risk-sharing partnerships, long popular in Silicon Valley,

now available to Atlanta entrepreneurs

Focusing on providing developers of object-oriented, java, C++, CORBA, EJB, and ecommerce for Internet startups, Atlanta-based Resourcis Information Services, Inc., has tripled its client base and doubled its number of associates over the past year.

Resourcis Founder and Chairman Palaniswamy Rajan (Raj) attributes the company's success to a keen understanding of the needs of high-technology clients, access to high-level information technology (IT) professionals and a willingness to structure alternative risk-sharing partnerships with clients instead of insisting on a traditional flat-fee payment. Resourcis offers permanent employee placement services, contract services for temporary projects and consulting services.

&uot;Early-stage startups have special needs, and they're usually tight on cash,&uot; said Rajan. &uot;We work with them to identify investors, define a management structure and hire strong managers, which will attract other talent. By accepting stock compensation instead of cash, we're showing clients that we share their vision and believe in them. These arrangements have been popular in Silicon Valley for some time, and now we're bringing them to Atlanta startups.&uot;

An Internet entrepreneur, Rajan founded and headed Emerald Systems, Inc., an object technology consulting and development firm, and co-founded VerticalOne Corporation, an Atlanta-based Web content personalization service. As a result of his experiences with these companies, Rajan is able to bring an energetic, entrepreneurial perspective to the traditional personnel recruiting business model.

&uot;The hiring process is more personal when you're working with high-tech startup companies, and their needs are more immediate,&uot; explained Rajan. &uot;The culture is more casual and teams are smaller, so relationships and personalities matter just as much, if not more than, technical skills.&uot; Rajan chose to focus on the Atlanta market because of the predominance of high-tech and entrepreneurial activity here. Resourcis clients represent some of the leading Atlanta Internet companies, including VerticalOne Corporation, HipO.com, eHatchery, hSupply.com, Air2Web, eTour, Pricehawk.com, and ActiveGrams.com.

&uot;I found Resourcis to be very responsive and knowledgeable about organizational needs, particularly from a technical perspective,&uot; said Resourcis client Tim Cobb, CEO of HipO.com, an Atlanta-based shopping, news and entertainment Web site geared to teens. &uot;The fact that Resourcis would work with us on a payment plan that involved HipO.com equity helped us preserve our cash position and demonstrated great buy-in on their part.&uot;

&uot;Resourcis has the best access to the technically astute talent that we need at VerticalOne,&uot; agreed Gregg Freishtat, CEO of VerticalOne Corporation, an Atlanta company that consolidates, organizes and presents secure personal information on the Internet. &uot;We couldn't have built our technology without help from the professionals they helped us recruit.&uot;

Headquartered in Atlanta, Resourcis Information Services, Inc., was established in early 1998 to assist Atlanta-based high-technology companies in identifying, hiring and retaining experienced IT staff and to offer career opportunities in the Internet startup market for high-level IT professionals. For more information, call 770.804.3140 or visit http://www.resourcis.com .