Accolo wins Best RPO of the Year Award for 2005

Accolo, Inc. has been named the Recruitment Process Outsourcer of the Year for 2005 at the HRO World Conference

Larkspur, CA – April 26, 2005 – Accolo, Inc., an innovator in professional-networking based Recruitment Process Outsourcing (RPO), today announced that it has been named the Recruitment Process Outsourcer of the Year for 2005 at the HRO World Conference sponsored by HRO Today.

Accolo was chosen by a panel of industry analysts from Piper Jaffray, Yankee Group, Moors & Cabot and Aberdeen Group. HRO World, in conjunction with HRO Today magazine, presented awards in eleven categories to honor the best providers, customers, advisors and other industry leaders for their contributions to advancing the practice of Human Resources Outsourcing. The award was presented on April 12th as part of New York HR Week and the third annual HRO World Conference, and recognizes Accolo’s leadership in the emerging field of Recruitment Process Outsourcing.

Philip Fersht, Vice President of Research for the Business Process Outsourcing, Software and Systems Infrastructure organization of the Yankee Group commented, “Accolo has been one of the first recruiting specialists to recognize the fast-changing needs of business as they transform their HR processes to encompass the new wave of HR Outsourcing solutions. The company is well positioned to deliver high-quality Recruitment Process Outsourcing solutions, particularly as it focuses on value-add services such as compliance, interview training and job-profiling.”

“Our unique services as well as those of the other members in the Recruitment Process Outsourcing Association (RPOA) reflect the growing trend among businesses to incorporate outsourcing as part of their overall talent management and acquisition strategy,” said John Younger, President and CEO of Accolo, Inc. “Companies need to hire the right people quickly. By having Accolo provide the staff, process and technology 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 referral network of over 150,000 members that is growing by 10 percent per month. To date, our members have referred more than 3,600 candidates, and have repeatedly proven the viability of our process and technology for positions across hundreds of disciplines and levels,” said Younger. He added, “We have yet to see any combination of recruiting tools, internal resources or agencies that will consistently find the top-performer who is hired faster than Accolo’s average of 13 days. Our process not only produces results, but also provides clients with hard data about diversity sourcing, candidate ranking, applicant tracking and presentation metrics – all at a cost less than half the national average.”

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 1,000,000 professionals, delivers quantifiable improvements in recruiting quality, efficiency and cost.

Accolo is a founding member of the Recruitment Process Outsourcing Association and its investors include Altos Ventures, Vedior and TriNet.

About HRO Today:

The mission of HRO Today and Outsourcing Today LLC is to fill the information gap between three major groups-business process outsourcing users, providers, and the advisory community. Users are defined as finance and accounting or HR professionals who are decision-makers in outsource-able financial and HR administration. As the number of outsourcing providers grows, the HRO markets are growing tremendously, and Outsourcing Today is there providing comprehensive coverage on every aspect of the industry. For additional information, please visit their website at www.hrotoday.com.

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