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University Health Network Streamlines Recruitment Process and Improves HR Service Level with Workstream's On-Demand Recruitment Solution.

OTTAWA -- Landmark Canadian Healthcare organization signs multi-year renewal for Workstream's On-Demand Recruitment Solution

Workstream Inc. (NASDAQ: WSTM), a provider of On-Demand Enterprise Workforce Management software, today announced that University Health Network (UHN), a Toronto-based hospital network consisting of Toronto General Hospital, Toronto Western Hospital and Princess Margaret Hospital, has signed a multi-year contract renewal for the Workstream On-Demand Recruitment system.

A Workstream customer since 2002, UHN selected the On-Demand Workstream Recruitment system for its ease of use, functionality and overall value.

"Compared to other Applicant Tracking Systems (ATS) we evaluated, Workstream Recruitment provided the best bang for the buck," said James Fehrenbach, of UHN. "It's easy for companies to get caught in the trap of paying for software functionality they never use or for the promise that it will one day exist."

For the past three years, UHN has utilized the Workstream Recruitment system with impressive results in all areas of the recruitment process. Moving from a paper-based system to Workstream's automated recruitment system has streamlined the entire recruitment process, improved HR service levels, increased manager productivity and helped to contain recruitment costs.

"Automating the recruitment process with Workstream has made our recruiter's job more efficient, increasing their capacity to engage managers in the process and get feedback quickly," stated James Fehrenbach. "Workstream Recruitment allows managers to spend more time doing their jobs and less time reviewing resumes."

Workstream Recruitment is an On-Demand solution that can be implemented quickly to help companies automate and manage the entire recruitment process including job requisition, job profile creation, job posting, career site management, candidate screening and tracking, interview scheduling, offer letter generation and hiring.

Workstream's On-Demand Enterprise Workforce Management solutions make it easy for HR organizations to access all of the applications they need via the Internet on a monthly subscription basis, while giving them the flexibility to use only the applications they need, when they need them. This saves companies from the complexities and high costs of traditional software deployment and maintenance.

"Workstream's On-Demand approach to delivering HR software is revolutionizing the way strategic HR solutions are purchased," said Michael Mullarkey, CEO and Chairman of Workstream. "On-Demand solutions allow companies to quickly and easily turn on applications to manage critical HR processes like recruitment, while reducing costs and improving productivity."

About UHN

A major landmark in Canada's healthcare system and a teaching hospital of the University of Toronto, University Health Network (UHN) consists of three hospitals - Toronto General Hospital, Toronto Western Hospital and Princess Margaret Hospital. UHN brings together the talent and resources needed to achieve global impact and provide exemplary patient care, research, and education to the greater Toronto area.

Creating a workplace where people are challenged, recognized and valued is important for UHN's employees, medical staff, students and volunteers. In 2004, UHN was one of only two hospitals selected to Canada's Top 100 Employers list and the only one in Ontario to make the list in 2005.

About Workstream Inc.

Workstream provides On-Demand Enterprise Workforce Management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards and Transition. Access to TalentCenter is offered on a monthly subscription basis under an On-Demand software delivery model to help companies build high performing workforces, while controlling costs. With nine offices across North America, Workstream services over 400 customers including Chevron, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK
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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 31, 2005
Words:598
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