Press Releases

For Immediate Release
February 14, 2008

Select International Posts Double-Digit Revenue Growth for Fourth Consecutive Year in 2007, Prepares for Expansion in 2008

- Ongoing Success Contrasts with Economic Uncertainty Across the Nation -

Pittsburgh, February 14, 2008 - Pittsburgh-based Select International, a global provider of human resource assessment solutions and comprehensive Recruitment Process Outsourcing (RPO) services, demonstrated significant growth and continued profitability in 2007, a four-year trend that sets the stage for a significant expansion in 2008. During 2007, Select International secured 34 new clients (including Nestle USA, Georgia-Pacific, and Eaton Corporation), increased revenue by 40 percent and posted better than 25-percent profitability.

"As uncertainty grows in the global economy, companies around the world are recognizing how crucial it is to hire the best talent the first time around," said Kevin Klinvex, Co-Founder and Executive Vice President of Select International. "We use high-tech, cost-effective solutions that provide companies with the tools they need to recruit, assess and select the very best employees so they can continue to achieve success in the marketplace."

As it looks ahead to 2008, Select International will mark its tenth anniversary of providing comprehensive RPO services to its clients. This legacy also represents the focus of Select's expansion plans in 2008 as organizations continue to place a high value on quality RPO service providers.

"More and more companies see it as a strategic move to outsource all or part of their recruitment, assessment and selection processes to a service provider, and Select is proud to be a leader in this industry sector. In effect, RPO frees up a company's internal HR stakeholders to focus on other core business objectives," added Klinvex. "By partnering with a qualified RPO partner, companies can reduce costs per hire, decrease cycle time, improve quality of hire and maintain control over fixed costs. Outsourcing part or all of the recruiting function also allows you to manage demand fluctuation more efficiently. These are all increasingly important with an uncertain economic forecast."

Given this trend and Select's rapid growth, the company is currently expanding its physical office space near its Pittsburgh headquarters. The expansion will accommodate the additional team members that are currently being hired to support Select's RPO business.

Increased revenue by 40 percent (exceeding its goal by 30 percent), and posted better than 25 percent profitability (exceeding its goal by 10 percent).
Maintained system up-time of 99.8 percent across its entire client base.
Surpassed its 82 percent repeat business goal.
Increased its staff by 50 percent.
Secured major project initiatives with Nestle USA, Georgia Pacific, The Timken Company, Genco, Terex Mining and Eaton Corporation.
Was named to the 2007 "Pittsburgh 100" by the Pittsburgh Business Times.
Recognized as a "Tech 50" Award Winner and Service Provider Category Leader by the Pittsburgh Technology Council.
Celebrated 10 years of providing Recruitment Process Outsourcing (RPO) services.
Published 4 significant research articles in professional journals.
Conducted a sales consortium to establish industry validation data as a final step before launching a robust new sales assessment.

About Select International
Founded in 1993, Select International is a leading provider of selection and development solutions for Global 2000 companies. Select International offers unparalleled accuracy through the use of its assessments, Virtual Job Auditions™ and recruitment process outsourcing services. From entry-level to executive, organizations identify, hire and retain top talent using Select International's cutting-edge products, systems and outsourcing. The company's founders, Kevin Klinvex, Chris Klinvex and Matthew O'Connell, Ph.D., 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, London and South Africa. 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.

Contact: Jeff Donaldson
412-642-7700
jeff.donaldson@elias-savion.com