London (October 24, 2006) – Founded in 1996 by chief executive officer Derek Mercer, Vurv Technology (formerly Recruitmax) today announced that this month marks the company’s tenth year in business.  Considered by industry experts to be one of the true entrepreneurial success stories in the talent management category, Vurv remains squarely focused on its mission of providing leading-edge technology that helps companies create competitive advantage and differentiate themselves through their people.  In an industry riddled with competitors who have experienced stagnant growth, consolidation or ceased operations, Vurv is unique in its longevity, dependability, continued independence, efficient use of capital, and track record of innovation and customer success.

Following recent award wins, such as ranking 197 in the 2006 Inc 500 listing, 189 in the Deloitte Fast 500 and 282 in the Software 500, Vurv seized the occasion of its tenth anniversary to reiterate its core value of “it’s all about the people.”  Long known in the industry for its unwavering commitment to align product development initiatives to meet customers’ present and future talent management challenges, Vurv has also focused internally, building its own award-winning workforce comprised of talented individuals known for their industry experience and passion for exceeding customer expectations.

During its ten year history, Vurv has pioneered a series of industry “firsts” including the use of conceptual search technology, an onboarding solution known as Aloha, electronic job offer and self-service interview and event scheduling functionality. It was also the first talent management provider to open data centers on three continents, which underscores its commitment to the global market. Vurv’s EMEA headquarters was established in London in 2004 and expanded rapidly due to regional recognition and customer wins that exceeded forecasts.  The company’s APAC office was opened in Sydney, Australia during early 2005, followed by an office in Paris, France in 2006. Partnerships with premier global organizations such as Accenture, ARINSO, Red Rock, GrayLink and Des Systemes et des Hommes (S&H) have further solidified the company’s global footprint.

In addition to its track record of innovation, Vurv serves an impressive customer base of over 2,000 companies, more than 300 of which are enterprise organizations that represent roughly 10% of the Fortune 500.  The company’s enterprise customer retention rate is in excess of 99% since introducing its first web-based product in 1998.  Vurv is also one of Jacksonville, Florida’s largest employers and in a recent survey conducted by a third party organization, 89% of employees stated that Vurv is a “great place to work”. The company is known for its community-centric projects such as employee-initiated campaigns that netted over $4,000 for the United Way in 2006 and $17,000 for tsunami and hurricane relief in 2005.

Mercer commented, “When I first started the company it consisted of myself, Angel Cabrera (current CTO) and a fair amount of anxiety as we worked hard to help define what was then an emerging product category.  Today, our team has grown to almost 400 employees located around the world, who are contributing daily to the success of our customers’ businesses as well as our own.  I’m honored to reflect on our ten years of continued success and look forward to exceeding these accomplishments throughout our next ten years.”

Jason Smith of iStaff, Vurv’s first customer and still a customer today said, “It has been a pleasure working with Vurv for the past 10 years. There has been so much change in the industry and it is comforting to know that Vurv has such stability and longevity. We look forward to partnering with them for a long time to come.”

To commemorate its tenth anniversary, Vurv has established a website at ten.vurv.com.