Press Releases
For Immediate Release
January 26, 2007
Select International Demonstrates Significant Growth and Continued Profitability, Resulting in a Highly Successful 2006
- 2007 Projections Suggest Trend Will Continue -
Pittsburgh, January 26, 2007 - Pittsburgh-based Select International, a global provider of human resource assessment solutions, demonstrated significant growth and continued profitability in 2006. Select International secured 34 new clients (including Hyundai, Merck, and QVC), increased revenue by 20 percent and posted 25-percent profitability this past year, capping three consecutive years of double-digit revenue growth.
“When we formed Select International in 1993, our goal was to become a leading provider of assessment solutions and a trusted partner when it comes to selecting and developing great people,” said Kevin Klinvex, Co-Founder and Executive Vice President of Select International. “Last year, we partnered with globally recognized companies that represent a number of industries. With Select International’s assessment tools and Virtual Job Audition® process, we are able to ensure that our clients hire the very best people to achieve their business goals.”
Klinvex noted that more and more companies are recognizing the cost savings and advantages associated with outsourcing core HR functions. In addition, companies are achieving success through the use of web-based assessment technologies. As these trends evolve, Select International anticipates a fourth consecutive year of double-digit revenue growth in 2007.
2006 Accomplishments
Select International:
- Launched Virtual Job Audition® (VJA®), the next generation of assessment.
- Migrated 95 percent of its clients from legacy technology to next-generation assessment technology.
- Maintained system up-time of 99.8 percent across its entire client base.
- Surpassed its 80 percent repeat business goal.
- Secured major project initiatives with Toyota Motor Manufacturing Canada, Inc. (TMMC), Goodyear, Merck, Toyota Manufacturing UK (TMUK), John Deere, FedEx Ground, and Orkin.
- Was named to the 2006 “Pittsburgh 100” by the Pittsburgh Business Times.
- Recognized as a “Tech 50” Award Winner by the Pittsburgh Technology Council.
About Select International
Select International is a leading provider of assessment solutions for
Global 2000 companies. Select offers unparalleled accuracy and realism when
making selection and development decisions in the hiring process with its
Virtual Job Audition® (VJA®). The company’s founders, Kevin Klinvex, Chris
Klinvex and Matthew O’Connell, are renowned hiring consultants and authors of
the best-selling business book, Hiring Great People. Headquartered in
Pittsburgh, PA, Select maintains offices in Dallas, San Diego, Toronto, and
London. The company has assessed approximately three million people in more
than 80 countries. For more information about Select International’s products
or services, call 1-800-786-8595 or visit
www.selectinternational.com
Contact: Jeff Donaldson
412-642-7700
jeff.donaldson@elias-savion.com
