VirtualEdge Strengthens Market Leadership Position with Fall Release 2005

6th Generation Release Continues to Redefine a New Generation of On-Demand Talent Solutions

PHILADELPHIA, November 21, 2005 - VirtualEdge Corporation (VE), a world-leading provider of enterprise staffing software solutions, announced today the immediate availability and deployment of VE Fall Release 2005 to its worldwide customer base. Representing over eight years of development effort, the new release continues to set the standard for on-demand talent solutions that go far beyond the applications provided by the marketplace today. With this release, VE continues to extend its leadership position in the marketplace by providing the most complete solution for optimizing the flow of talent throughout an organization.

Jayne Kettles, Chief Technology Officer of VirtualEdge, commented, "VirtualEdge continues to support and enhance the Power Staffer at organizations across the globe with the VE Fall Release which includes a host of new features and updated functionality. Due to the on-demand platform based on the "Zero Code" concept, we upgrade all of our customers in a matter of minutes. These upgrades enable customers to continue to configure the VE solution to meet their specific business needs, without interruption to their service."

About VE Fall Release 2005
VE Fall Release 2005 includes several customer-requested enhancements to give users comprehensive control of recruiting-related tasks. This updated version of VirtualEdge products offers a greater ability to utilize the system in self-service mode. It also empowers Power Staffers to manage the talent lifecycle process from their desktop. A few key features of VE Fall Release 2005 include:


  * Talent Readiness Assessment Tool: Further enhances VE´s assessment capabilities with a robust assessment authoring tool in which VE fully integrates the sourcing solutions with pre-screen questions, behavior-based and job-specific assessments. Critical information from the assessments are then summarized and presented graphically in an easy-to-understand format for quick reference and side-by-side comparisons. This creates a talent pool that is already assessed and ready to move to the next step.


  * New Graphical Document Composer: The VE solution is designed with an inherent understanding that presentation of documents from requisitions to offer letters is paramount. Using VE´s new graphical document composer, customers can quickly and easily create, configure and edit items in the offer letters such as font type, bold or underline, and re-word, right from the desktop.


  * Expanded Report Library: VE continues to expand the one-click library of reports, offering more views and analysis of the talent lifecycle. More information is now available to support VE users by providing decision support and trend analysis.

"This release is the culmination of the talented VE team, with an enormous contribution from our worldwide network of Power Staffing customers working together in the spirit of innovation," stated Diane Smith, CEO of VirtualEdge. "We are leading the industry in providing the vision and solutions that will leave no customer behind, but instead help them optimize the flow of talent across the entire business today, and into the future."


About VirtualEdge
VirtualEdge Corporation (VE) is a worldwide leader in Enterprise Staffing Software. VE provides the enterprise software foundation for customers operating in North America, South America, Europe and Asia Pacific. Companies turn to VE to enable their power staffing professionals to significantly improve productivity, build and retain a high-quality workforce and fundamentally impact the overall capital of the business.

VirtualEdge has partnered with over 100 enterprise customers in more than 80 countries around the world. Many of the world´s foremost organizations such as Agilent Technologies, Avery Dennison, Campbell Soup Company, CITGO, Genworth Financial, Honda of America Manufacturing, PacifiCare, Rohm and Haas, The Schwan Food Company, Schneider National Inc., and SunGard utilize VE solutions. To learn more about VirtualEdge, visit www.VirtualEdge.com, or in the United States call (877) 485-5454.

Source: HRmarketer.com

Theresa Alcorn
TAlcorn[at]VirtualEdge.com
Tel: (215)504-2341 

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