CNET Employs Personic To Hire Top Talent.Business Editors/High Tech Writers BRISBANE, Calif.--(BUSINESS WIRE)--Feb. 1, 2000 Internet Media Giant Teams with Personic to Attract and Retain Top Talent Personic Inc., a global provider of eSolutions for recruiting, today announced that CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. Inc. (NASDQ: CNET), an Internet media company that provides news, reviews, price comparisons and shopping services of technology products, has become one of its newest customers. CNET will deploy Personic Workflow(TM), the company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. for corporations and organizations, to fully automate its applicant tracking and recruiting processes. CNET follows the lead of companies such as L.L. Bean, Enron, San Jose Mercury News The San Jose Mercury News is the major daily newspaper in San Jose, California and Silicon Valley. The paper is owned by MediaNews Group. Its headquarters and printing plant are located in North San Jose next to the Nimitz Freeway (Interstate 880). and Novell that also rely on Personic's suite of products for their corporate recruitment efforts. With a 4.1 percent unemployment rate for the quarter closing out 1999, the demand for knowledge-workers, particularly in high-tech sectors, is unprecedented. By implementing Personic's eRecruiting products, corporations such as CNET in high growth industries can optimize the human capital supply chain and stay ahead of the competition. &uot;CNET is an archetype archetype (är`kĭtīp') [Gr. arch=first, typos=mold], term whose earlier meaning, "original model," or "prototype," has been enlarged by C. G. Jung and by several contemporary literary critics. of companies who are truly growing at Internet speed and their phenomenal success presents unique corporate recruiting challenges,&uot; said Ankesh Kumar, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Personic Inc. &uot;Personic's products are specifically designed to enable companies with an Internet DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. to remain on the forefront of recruiting and hiring top talent.&uot; Personic Workflow -- Automating the Recruiting and Hiring Process Personic Workflow helps corporations overhaul the time-consuming and cumbersome process of recruiting top caliber talent by automating the &uot;human capital supply chain.&uot; Workflow is an integrated product suite with &uot;role based&uot; applications accessible through a browser for each of the parties involved in the recruiting and hiring process, including: corporate recruiters, hiring managers, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. executives, department managers, current employees and candidates. It enables companies to eliminate redundant paperwork associated with the hiring process, manage the influx of resumes in a central database, match skilled candidates to open job requisitions and facilitate communication among the parties involved in the recruiting and hiring process. About CNET CNET, Inc. is at the leading edge of media companies, producing a branded Internet network and television programming for both targeted and general audiences. Online and on television, CNET is the leading authority on computers, the Internet and digital technologies. CNET's network serves millions of users each day. CNET television programming airs on CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. and in national syndication, as well 61 foreign countries. CNET currently has investments in cash and marketable securities Marketable Securities Very liquid securities that can be converted into cash quickly at a reasonable price. Notes: Marketable securities are very liquid as they tend to have maturities less than one year, and the rate at which these securities can be bought or sold has that today are valued at over $700 million including its 13 percent stake in NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. Internet Inc. About Personic Inc. Personic is a global provider of eSolutions for professional recruiters and hiring managers seeking to leverage the Internet for their hiring needs. Personic's Web solutions, services, and software automate the process of attracting, qualifying, hiring, and retaining a superior workforce. Currently, Personic's flexible solutions are helping more than 45,000 professionals at 575 organizations worldwide find top talent and reduce time and cost to hire while increasing revenue and profitability. Personic, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. founded in 1994, is headquartered in Brisbane, California, with regional offices in Atlanta, Chicago, London, and Sydney. &uot;eSolutions for tomorrow's recruiting environment(TM)&uot;. For more information, please visit http://www.personic.com/. (c) 1999 Personic Inc., Personic Workflow, Personic and the &uot;arrow logo&uot; are trademarks of Personic Software Inc. All rights reserved. All other trademarks are owned by their respective companies. |
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