Chicago, IL - San Ramon, CA - October 3, 2006 - eQuest, the world's leading job posting distribution company today announced that it has been selected as a winner of HR Executive Magazine's Product of the Year award for its innovative job board sourcing and analytics tool, ProphesyTM.
eQuest has been rapidly expanding its ancillary services in the direction of assisting its customers in understanding and evaluating job board effectiveness. Unlike other sourcing products, Prophesy is unique in that it contains predictive analysis code that can accurately predict which job board(s) will be most effective for specific employment classifications by city and state. It does this by examining the aggregate of past eQuest postings with similar classifications in the same location; analyzing the candidate traffic results; and returning a list of boards that have performed best - and more importantly, which ones performed worst. It also conducts a cost-per-click analysis determining best job board ROI. By gaining the knowledge of precise candidate-traffic-trending, recruiters, (prior to posting the job), will know where their advertising dollar will be best spent.
"eQuest's on-demand, predictive analysis tool stands out in its ability to recognize and help companies with the challenges of determining how to strategically place advertising dollars on the Internet," said David Shadovitz, editor in chief, Human Resource Executive magazine. "We congratulate eQuest for its achievement. eQuest has clearly shown how technology can transform what used to be guesswork into a definitive bellwether for posting jobs on the Internet."
"We are extremely honored to win this award from HR Executive Magazine," said John Malone, President and Chief Executive Officer of eQuest. "Our R&D team did a brilliant job making this vision come to life and an award such as this only confirms our future commitment to continue to create innovative and meaningful products for the Human Resource community."
About eQuest
eQuest manages job-posting transaction deliveries for more than 11,000 companies; reaching more than 200 countries and territories worldwide and delivering over 100 million job requisitions annually. One of the most admired brand names in the Human Capital Management space. eQuest also provides job board negotiating, job board billing aggregation, consulting services, and complete job tracking analysis for evaluating job board performance. eQuest can be reached at www.equest.com or at 1-800-495-4479.