Annie M. Baker
+1 (650) 829-4069

March 13, 2001
Accenture, Personic to Help Organizations Win War for Talent

Leaders in Human Performance and eRecruiting Solutions Form Alliance to Improve the Way Companies Identify, Hire and Retain Best People

New York, March 13, 2001 – Accenture and Personic, Inc. today announced an alliance to provide comprehensive Web-based solutions to help organizations gain a competitive edge in the complex war for talent. Accenture is a leading global management and technology consulting organization. Personic is a global provider of recruiting software solutions for private and public sector organizations and professional staffing firms.

Accenture delivers customized human resource process and technology solutions to clients in virtually every industry through its Human Performance practice.

Accenture and Personic will develop and jointly market services and solutions to assist clients in attracting, retaining, deploying and managing human capital. The alliance will help large-scale organizations and mid-sized companies cut costs by streamlining their recruiting efforts and extending their reach in the talent marketplace.

"In today’s economy, the most successful organizations are those that realize people are a primary source of competitive advantage," said Stephen D. Tibbs, partner at Accenture. "To win the war for talent, attracting, hiring and retaining top employees should no longer be the sole domain of the HR manager, but part of an integrated, corporate-wide human performance strategy that aligns human resource efforts with strategic business initiatives."

Accenture’s Human Performance practice helps clients address their most critical people issues through new approaches in the integrated areas of HR Process & Technology, Learning & Knowledge Management, Performance Management and Organization & Change Strategy.

A recent Accenture study of workforce trends found that workforce practices have significant financial consequences: investing to attract and retain top personnel can add upwards of $40-million to the bottom line of a typical $1-billion business unit*. The Accenture-Personic alliance provides seamless integration and management of a complete solution that will enable organizations to meet the demand for today’s top talent while improving their overall profitability.

"Great people are what make a healthy and competitive company. Even if a company has technological and monetary capital, it will not be successful if it doesn’t have top-quality human capital," said Lewis Stanton, chief executive officer at Personic. "The combination of Accenture’s integrated human performance solutions and Personic’s complete range of eRecruiting technologies provides companies with the communications and infrastructure necessary to hire and retain a superior workforce."

Personic’s core products -- eRecruiter and Personic Workflow™ for hiring organizations and eProfessional and EZaccess™ for the staffing industry -- allow users to conduct most recruiting tasks over the Internet. These easy-to-use systems are designed by HR professionals to emulate the recruiting workflow of human resources departments and staffing firms. From job postings to collecting and importing resumes to skills matching and making the hire, each step of the process is automated, enabling companies to hire superior candidates more quickly and cost effectively.

Demand for workers is outpacing supply and it will only get worse as the population ages. In the U.S., this situation is evidenced by the disparity between the 77 million baby boomers and 44 million replacements behind them, according to the U.S. Census Bureau. As successful business performance becomes increasingly dependent on maximizing the potential of employees, it is critical for employers to build the capabilities required to attract, develop and manage their talent.

About Accenture
Accenture is a $10 billion global management and technology consulting organization. The firm is reinventing itself to become the market maker, architect and builder of the new economy, bringing innovations to improve the way the world works and lives. More than 70,000 people in 46 countries deliver a wide range of specialized capabilities and solutions to clients across all industries. Under its strategy, the firm is building a network of businesses to meet the full range of client needs -- consulting, technology, outsourcing, alliances and venture capital. Accenture’s home page address is http://www.accenture.com.

About Personic, Inc.
Personic, Inc. helps our customers meet the demand for top talent. We are the premier global provider of recruiting software and services. Our powerful solutions are currently helping more than 50,000 professionals at more than 600 organizations worldwide to fill their human capital requirements faster, more productively and more cost effectively. Created by staffing professionals for staffing professionals, Personic’s tools make it possible for HR professionals, candidates, hiring managers, executives and recruiting firms to interact on their own terms at their own time. Personic, a privately held company founded in 1993, is headquartered in Brisbane, California, with regional offices in Atlanta, Chicago, London, and Sydney. More information about Personic, Inc. can be found at http://www.personic.com.

* Workforce Trends in the Electronics and High Tech Industry, Ken Stovall/Carol Toomey, September 2000

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