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Larkspur, CA – October 20, 2006 – Accolo, Inc., an innovator in professional-networking based Recruitment Process Outsourcing (RPO), today announced that it has been recognized as the number one fastest growing private company in the San Francisco Bay Area.
The Top 100 Fastest Growing Private Companies annual award is presented by the San Francisco Business Times and by PriceWaterhouseCoopers. It recognizes Bay Area-based private companies by revenue growth for the three-year period 2003 to 2005. Scott Foos, Executive Director for the Recruitment Process Outsourcing Association (RPOA) commented, “Recruitment Process Outsourcing is rapidly expanding, and Accolo is a true leader in the industry. The RPO model is one where a company like Accolo literally becomes a company’s internal recruiting department. Accolo’s ability to outperform traditional internal recruiting departments and agencies based on quantifiable metrics is truly impressive.” “Our continued growth reflects the trend among businesses to incorporate outsourcing as part of their overall talent management and acquisition strategy,” said John Younger, President and CEO of Accolo. “Companies need to hire the right people quickly. By having Accolo provide the staff, management, process, technology and aggressive sourcing to find their top performers, our clients can focus on their core business.” “Accolo’s formula is unique in the marketplace. In addition to incorporating industry best practices, we built a proprietary referral network of over 400,000 members that is growing by 10 percent per month. To date, our members have referred more than 10,000 candidates, and these referrals serve as our top source of hires. We have repeatedly proven the viability of our process and technology for jobs across hundreds of levels and disciplines,” said Younger. He added, "We are most proud of the fact that fairness and respect have been added back into the recruiting process, which is in stark contrast to what most applicants experience today.” Kevin Wheeler, a prolific writer and thought leader in the recruiting industry, commented “What’s particularly noteworthy is the fact that Accolo was growing during the same period that many recruitment related technologies and companies were going out of business when the dot-com bubble burst. Accolo has a unique combination of technology and high personal touch with the integration of a proprietary social network, and it’s not surprising that they are one of the fastest growing RPOs in the world.” About Accolo Accolo augments or becomes a company’s internal recruiting department so the company can focus on its core business. Accolo's unique application of the “art” of recruiting within a highly automated framework, along with a network of over 400,000 members, delivers quantifiable improvements in recruiting quality, efficiency and cost. Our clients meet the top performer they will hire in an average of 15 days. The average company spends 15.2% of an employee's salary on recruiting; Accolo clients spend less than 9%. The company is the HRO World 2005 Recruitment Process Outsourcer of the Year and a founding member of the Recruitment Process Outsourcing Association (www.RPOAssociation.org). The Company was founded in 2000 and its investors include Vedior (Amsterdam: VDR, www.Vedior.com ) and TriNet ( www.TriNet.com ). Accolo works with such leading customers as JDS Uniphase, Blue Shield of California, Starmine, CMP United Business Media, ValueClick, Verity, and PRNewsWire. For more information, visit www.Accolo.com. About the RPOA The Recruitment Process Outsourcing Association (RPOA) serves the RPO industry and companies considering RPO. Its mission is to educate the market, incorporate common metrics and comparative information, develop and enforce certifications and promote RPO benefits. For additional information on the RPOA please visit their website at www.rpoassociation.org. Contact Susan Small ssmall[at]accolo.com 415.785.7833 x220 |