BrassRing Announces Availability of the On-Site Version of Enterprise 5.0; New Deployable Version Delivers Powerful Talent Relationship Management Solution Behind a Company's Firewall.

Business Editors/High-Tech Writers

WALTHAM, Mass.--(BUSINESS WIRE)--June 24, 2002

BrassRing(TM), the largest provider of Talent Relationship Management (TRM) systems and innovative eRecruiting and talent sourcing solutions, today announced that BrassRing Enterprise 5.0 On-Site -- the deployable version of its global TRM platform -- is now available. BrassRing Enterprise 5.0 On-Site is completely deployable and configurable behind a company's firewall and comes with all of the functionality found in the award-winning ASP version, including the completely new user interface redesigned for best-in-class usability, the exclusive TRM Dashboard for analytical reporting, improved Talent Gateways and International capabilities.

"While the ASP model has proven to be a cost effective solution for those companies wishing to outsource their TRM solution, the On-Site version of BrassRing Enterprise 5.0 is ideal for those companies requiring a solution to be behind their firewall," explained Mike Gioja, president of BrassRing Systems, a division of BrassRing. "The BrassRing Enterprise On-Site version provides more freedom to customize their TRM solution to meet their unique business needs, giving the client company complete control over security and user access."

BrassRing's preferred partner Towers Perrin, one of the world's largest global management and human resource consulting firms, will provide e-recruiting integration services exclusively to BrassRing customers licensing BrassRing's Enterprise 5.0 On-Site. The two companies are working together to create new products and services in the talent management category, and to provide dramatically enhanced services to companies who are building comprehensive, cost-efficient Web solutions for finding, hiring and managing talent.

"Towers Perrin is excited to be working with our partner, BrassRing, in implementing its deployable e-recruiting solution," said Steven Fein, managing director of Towers Perrin's HR Delivery Solutions business. "Our own scan of the e-recruiting market confirms that BrassRing is the clear leader in this area, and the arrival of the On-Site version of Enterprise 5.0 is another example of this leadership -- giving clients of both firms a flexible and highly effective tool for meeting a broad set of talent management issues. In addition," Fein also noted, "the array of current and emerging HR technology makes effective selection, implementation and integration essential for companies in meeting return-on-investment goals. Adding BrassRing's solution to Towers Perrin's comprehensive set of HR consulting and technology services ensures we're providing what our clients need to deliver for HR services across their organization efficiently and cost effectively."

BrassRing Workbench Enables Configurability

In addition to providing greater control over the system, BrassRing Enterprise 5.0 On-Site comes with BrassRing Workbench, a powerful administrative tool that empowers companies to deploy multiple Talent Gateways to target different talent pools, configure multiple hiring workflows and build custom forms for their specific requirements -- the same robust configuration tools used by BrassRing to manage its ASP environment. Due to its ease-of use, IT resources are not required to administer the Workbench, making BrassRing Enterprise 5.0 On-Site the industry's simplest and most flexible solution.

Candidate Data Processing Options

For companies choosing to purchase BrassRing Enterprise 5.0 On-Site, BrassRing offers a variety of candidate data processing packages, which allow companies to take advantage of BrassRing's resume processing expertise. BrassRing's patented data extraction software processes every resume in any medium, including paper, fax and a variety of electronic formats. Proprietary software converts the resume into an average of 46 unique and searchable database fields from each file. In addition to delivering a 98.5 percent accuracy rate, BrassRing guarantees 24-hour delivery of candidates to the deployed client's Enterprise 5.0 On-Site environment, enabling them to act quickly on the best candidates.

"As the pioneer in high quality candidate data processing, BrassRing is the best-of-breed solution provider, offering companies a variety of processing options that deliver both speed and quality of data," explained Mike Gioja, president of BrassRing Systems. "If a company is investing in a Talent Relationship Management system, adding our leading-edge data processing services simply makes sense. Since 1997, we have processed more than 16 million candidate files, and we have implemented the kind of reliable world-class infrastructure and operational excellence required to deliver large volumes of quality data at a reasonable cost."

Services and Support

In addition to receiving all of the powerful functionality of the ASP version, BrassRing Enterprise On-Site customers will receive the same high level of customer support and service that have become the hallmarks of BrassRing. BrassRing's Professional Services group, working together with the company's Preferred On-Site integration partner Towers Perrin, has developed a special suite of installation and implementation offerings designed to help companies get a rapid return on their investment in the BrassRing TRM solution.

For more information about the BrassRing Enterprise 5.0 On-Site and BrassRing Professional Services, contact BrassRing Systems Sales at 800/397-7299 or visit www.brassring.com/employers.

About BrassRing

BrassRing LLC is the leader in eRecruiting and talent management innovation. BrassRing serves as the trusted partner of thousands of talent driven companies, which rely upon BrassRing's Talent Relationship Management (TRM) systems and candidate sourcing technology and services for their talent management needs. Investors in BrassRing LLC and its affiliates include The Washington Post Company, Tribune Company, Gannett Co., Inc., and Accel Partners. BrassRing has earned a number of prestigious industry awards, including Upside's 2001 Hot 100 List of Privately Held Companies, IDC's list of the Top 10 eRecruiting providers, Forbes Magazine's Best-of-the-Web 2001 directory, Information Week's Top 100 ASPs, HR Executive's Top 10 New Products of 2000, CAREERXROADS Top Online Employment Site and WEDDLE'S User's Choice Award. For additional information on BrassRing's products and services, visit www.brassring.com/employers.

Note to Editors: BrassRing, BrassRing Systems and BrassRing Systems, BrassRing Sourcing and Talent Gateways are trademarks of BrassRing.