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2006 Press Releases
Workstream Receives Significant Purchase Orders from Key Customer
Ottawa, ON. – September 28, 2006
- Workstream Inc.™ (NASDAQ: WSTM), a leading provider
of On-Demand Enterprise Workforce Management software, today
announced it has received purchase orders from a key customer
in excess of $700,000 USD. These orders will result in services
work commencing immediately associated with a large Talent
Management project.
“We are moving quickly to meet our customer’s
requirements. We have received several new purchase orders
for multiple products and statements of work that will begin
immediately and we are moving quickly to meet all project
deliverables,” stated Michael Mullarkey, CEO and Chairman
at Workstream.
About Workstream
Workstream provides enterprise workforce management solutions
and services that help companies manage the entire employee
lifecycle – from recruitment to retirement. Workstream’s
TalentCenter provides a unified view of all Workstream products
and services including Recruitment, Benefits, Performance,
Compensation, Development and Transition. Access to TalentCenter
is offered on a monthly subscription basis under an on-demand
software delivery model to help companies build high performing
workforces, while controlling costs. With 9 offices across
North America, Workstream services customers including Chevron,
The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom,
Samsung, Sony Music Canada, VISA and Wells Fargo. For more
information visit www.workstreaminc.com or call toll free
1-866-470-WORK.
This press release contains forward-looking statements
within the meaning of the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. These
statements are based on the current expectations or beliefs
of Workstream's management and are subject to a number of
factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements. The following factors, among others, could cause
actual results to differ materially from those described in
the forward-looking statements: inability to grow our client
base and revenue because of the number of competitors and
the variety of sources of competition we face; client attrition;
inability to offer services that are superior and cost effective
when compared to the services being offered by our competitors;
inability to further identify, develop and achieve success
for new products, services and technologies; increased competition
and its effect on pricing, spending, third-party relationships
and revenues; as well as the inability to enter into successful
strategic relationships and other risks detailed from time
to time in filings with the Securities and Exchange Commission.
For more information
contact:
Investor Relations:
Matt Middendorf
Workstream Inc.
Tel: 866-953-8800 ext. 888
Email: investorrelations@workstreaminc.com
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