Strong Momentum in Q4 for StepStone.LONDON -- StepStone today announced that both its Online and Solutions business units made notable progress in Q4. In StepStone's Online business invoiced sales continued to show strong demand through to the end of the year, driven by record visitor traffic and our highest ever number of vacancies listed. Several countries achieved excellent quarterly sales notably Germany, Belgium, Norway and Denmark and the performance of recent acquisitions has been particularly pleasing. The contributions of both IT-Jobbank and JobbSverige in Denmark and Sweden respectively helped both countries to deliver their best quarterly performance since acquisition. StepStone's Solutions business, has signed a record 81 new customers, 30% more than during the previous record quarter of Q4 2005. New customer wins include: * The strongest quarter to date in the important public sector market with 8 new public sector customers * The addition of Recaro and GEA Group GEA (FWB: G1AG) The Global Engineering Alliance AG (from 2000 to 2005: mg technologies AG, before 2000: Metallgesellschaft) is a company based in Bochum, Germany (until 2005: Frankfurt/Main). It specializes in process engineering, plant engineering, and mechanical engineering. in Germany to a fast growing German customer roster * 8 new customers in The Netherlands including leading insurer VGZ IZA IZA International Zeolite Association IZA Institut zur Zukunft der Arbeit (Institute for the Study of Labor) IZA International Zinc Association * 6 new customers in France - including Starbucks and Coliposte. * 19 new customers in Denmark * Land Securities, State Street Bank and The British Library British Library, national library of Great Britain, located in London. Long a part of the British Museum, the library collection originated in 1753 when the government purchased the Harleian Library, the library of Sir Robert Bruce Cotton, and groups of manuscripts. in the UK In the quarter StepStone's success as an innovative and successful e-recruitment company has been internationally recognised. In a recently published report into global e-recruitment vendors from Gartner, an independent research firm, StepStone is the only European vendor of e-recruitment solutions positioned within the much-desired Leader Quadrant of Gartner's Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. Report. In addition, commenting on the recent acquisition of ExecuTRACK, Gartner noted that the new combined entity "...will be a formidable competitor to U.S based providers". Commenting on the momentum update StepStone 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. Colin Tenwick said "StepStone looks set to finish 2006 with strong momentum. Both business divisions were incredibly busy fulfilling demand right through to the end of the year. This combined with the exciting news of completing the acquisitions of ExecuTRACK and Jobfinder sets a solid foundation for growth in 2007 for StepStone". StepStone will be publishing its full Q4 results on March 1st 2007. -ENDS- Note to Editors About StepStone StepStone (OSE OSE - Open Systems Environment :STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. ) was founded in Norway in 1996 and pioneered the development of online recruitment. Today, StepStone is a leading provider of online recruitment services and solutions. StepStone's public career websites cover 13 European countries, providing high-quality candidates to recruiters quickly and effectively through individually focused campaigns. StepStone's recruitment solutions allow customers to operate their own private career sites, covering both external and internal candidates. Thousands of companies, including Aviva, Balfour Beatty, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery , British Airways, Ericsson, Canon and Fiat, use StepStone's products and services to help them recruit qualified staff globally. StepStone was the only European-headquartered vendor to be recognised as a 'leader' by Gartner, Inc.'s recent "Magic Quadrant for E-Recruitment Software, 2006" report. For more information see www.stepstone.com |
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