FOR IMMEDIATE RELEASE Contacts: Lisa Kelaita Reena Jadhav VCPR, inc. JobFlash, Inc 650-340-6766 650.346.2500 firstname.lastname@example.org email@example.com JOBFLASH HAILED BY THE VENETIAN HOTEL, LAS VEGAS AS SUCCESSFUL PHONE-BASED RECRUITING SOLUTION SAN JOSE, CALIF. – May 28, 2003 – JobFlash, the first company to connect employers and job seekers using interactive speech recognition technology, today announced results of its three-month deployment at The Venetian Resort Hotel, prior to the opening of the new Venezia Tower in June. "JobFlash has exceeded our goals,” said Lillian Calia, Human Resources Manager. “In just three months we have amassed an interactive resume bank that is helping us fill our open jobs quickly, with qualified candidates, without needing to advertise extensively for those positions. Because of JobFlash we can actually see candidates the same day they receive a call from us, making The Venetian is the easiest place for qualified workers to find a job." JobFlash offers an interactive automated telephone job hotline that sources, prescreens and schedules interviews with qualified candidates round the clock. The Venetian installed JobFlash hotline to hire top caliber candidates for its new tower, Venezia, that opens June 2003, as well as to fulfill its ongoing hiring needs. In its initial three months at the Venetian, the JobFlash hotline has been accessed by over 15,000 applicants, resulting in 7,600 digital pre-qualified resumes and 3,200 interviews, Ms TM Calia said, “JobFlash’s TalkingResumes allow hiring managers to hear candidate’s verbal responses, delivering unprecedented depth to paper backgrounds. Candidates can call back the JobFlash hotline anytime to access their account and update their resume and job interest, or reschedule their interview.” All 3,200 interviews are automatically scheduled by phone, based on pre-defined customized HR calendars. The real-time scheduling of interviews for qualified candidates has saved over 50% processing time. The JobFlash hotline instantly scheduled nearly 1,500 full- qualified candidates when they first called the hotline. Another 1,700 candidates were subsequently selected by employment staff for an interview and JobFlash scheduled these interviews by automatically calling the candidates on their specified phone numbers. “JobFlash is setting a higher standard in recruiting,” said Dave Newton, Vice President Human Resources at The Venetian. “In the past our recruiters have spent time interviewing candidates who didn’t meet minimum qualifications or were interested in positions that were not available. Now we can screen the best candidates for current openings within 48 hours of their calling the hotline. JobFlash can be accessed from anywhere and at anytime, a feature that has induced high-quality hour talent to apply in increasing volume to The Venetian.” Research shows that hourly workers constitute over 70% of the U.S. workforce, but more than 60% of these workers are not on Internet. “But they do have telephones,” said Reena Jadhav, co-founder and chief marketing officer of JobFlash. “We are bridging the Digital Divide by providing a phone interface to jobseekers. The overwhelming response in Las Vegas attributes our success to our simple intuitive interface, augmented by intense candidate surveys.” "JobFlash recognized that a speech recognition based system instead of a web-based system was essential to hiring of hourly workers who often do not have access to computers," said Bill Meisel, President of market research firm TMA Association. “JobFlash is going after a huge untapped market by creating a new resume format for the hourly worker - one that is structured for accurate matches, utilizes the telephone and speech recognition technology and has voice recordings. Now, the hourly worker's resume can be digital and easily updated anytime, and from anywhere. Just as important, the JobFlash system makes it easy for the employer to screen and find qualified employees." More information about the Venetian case study can be accessed via the JobFlash website at www.jobflash.com. About JobFlash JobFlash is a leader in Voice Recruiting, the field of automating recruiting using speech recognition technology and leveraging telephone as a communication medium. JobFlash is located in San Jose, California and is venture backed. In addition to The Venetian, JobFlash is currently deployed at hotels such as the Hilton San Jose and Towers, San Mateo Marriott, and Holiday Inn Concord and Walnut Creek, as well as security companies such as First Alarm Security and Patrol. The company’s investors include Mosaic Venture Partners, The Band of Angels and Sabeer Bhatia, founder of Hotmail.com. For additional information, visit www.jobflash.com.
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