Ceridian Corporation Acquires Recruiting Solutions International, Inc.Business Editors MINNEAPOLIS Minneapolis (mĭn'ēăp`əlĭs), city (1990 pop. 368,383), seat of Hennepin co., E Minn., at the head of navigation on the Mississippi River, at St. Anthony Falls; inc. 1856. & DENVER--(BUSINESS WIRE)--April 19, 2004 Purchase of emerging employment space capabilities consistent with strategy to offer a full suite of human resource solutions Ceridian Corporation (NYSE NYSE See: New York Stock Exchange :CEN CEN - Conseil Européen pour la Normalisation. A body coordinating standardisation activities in the EEC and EFTA countries. )--a leader in managed human resource solutions that maximize the value of people, today announced the acquisition of Recruiting Solutions International, Inc. (RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. ), a leading provider of Web-based recruiting and workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. software. "We have been partnering with RSI to deliver recruiting solutions for several years and each year have seen steady growth in the number of customers," said Robert "Bo" H. Ewald, president of Ceridian HR Solutions. "We view the employment space as an important component in meeting our overall objective of becoming the single source for managed human resource solutions and giving companies the freedom to change their world of work." "We knew that our ability to grow the business faster would best be achieved by making a bold move," said Mark Henninger, president and founder at RSI. "Like RSI, Ceridian puts a priority on high quality customer service. As part of the Ceridian team, we will now enjoy the support of a larger organization, and will have the opportunity to expand our core business." The terms of the agreement were not disclosed. About Ceridian Ceridian is changing the world of work by enabling companies to be free to succeed in their core business through its suite of innovative managed human resource solutions that include payroll and compensation, staffing, compliance, HR administration and employee effectiveness. Ceridian Corporation (NYSE:CEN) is an information services See Information Systems. company serving businesses and employees in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Europe. For more information about Ceridian's comprehensive array of human resource solutions, visit www.myceridian.com or call 800.729.7655. About Recruiting Solutions International, Inc. RSI is a profitable, leading provider of modular, Web-native human capital management solutions. RSI's software and services enable corporate 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. departments and professional staffing organizations to hire and manage qualified permanent and contingent employees in a more effective, timely, and cost-efficient manner by automating labor-intensive, paper-based recruiting and workforce management activities. For more information, visit their Website at www.RecruitingSolutions.net or call 877.998.1550. |
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