Datastudy's Employee Base Grows to 200; Ranks of Parsippany, NJ Firm Has Swelled 100 Percent in 10 Years.

PARSIPPANY, N.J.--(BUSINESS WIRE)--July 16, 1998--DataStudy, a leading consulting firm in the evaluation and implementation of financial and human resources software, has witnessed a 100 percent growth in its employee base in the past two years.

This extraordinary growth, fueled by the acute demand for rapid and sensible IT business solutions, is punctuated by the firm's hiring rate of 10 new professionals per month. By mid-year, DataStudy will have over 200 employees in its growing ranks, a 35 percent increase over last year when the firm employed 150 business and technical professionals.

Since its inception in 1983, DataStudy has carved a solid reputation for getting the job done on time and within budget. Techniques routinely employed by traditional consulting firms can easily bog down evaluation and implementation projects, making them last as long as four years. DataStudy's seasoned team, meanwhile, is renowned for fast-tracking and halving that industry standard, and making drawn-out implementations a worry of the past.

Each of DataStudy's employees has over 5 years of business experience and a minimum of 2 years hands-on experience with a specific vendor's product. With DataStudy, there is no on-the-job training at the client's expense. This professional approach has catapulted DataStudy to the top of its market and strongly positioned DataStudy to effectively compete against bigger firms with greater name recognition.

DataStudy's future plans include continuing this robust path of employee growth by branching out into the vertical markets of general services which covers entertainment, advertising, temporary and employment agencies; healthcare; financial services pertaining to banks, brokerage houses and insurance carriers; the public sector and higher education; and services which support infrastructure such as utilities, communications and transportation services. This strategic plan was recently announced by DataStudy.

"Today is really an exciting time to be a part of the DataStudy team," said DataStudy's President Michael Gulban. "We're delving into new markets and hiring new employees to keep pace with this rapid expansion. As DataStudy continues this growth, more and more of our specially-trained professionals have the opportunity to share in our success and profitability."

Headquartered in Parsippany, NJ, with offices in Irvine, CA and Boca Raton, FL, DataStudy is a leading provider of evaluation, selection and rapid implementation of financial and human resources software. The company offers a wide range of services including: business re-engineering, software design, project management, customization, upgrade support and efficiency tuning. For more information on DataStudy, please call Tom Garvin at [phone].

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