iCIMS Announces Record-Breaking First Quarter Results
Software-as-a-Service Provider Closes Q1 with Exceptional Sales, New Product Launch, and Enhanced Customer Education ProgramHAZLET, N.J. (April 11, 2007) - iCIMS, a leading Software-as-a-Service (SaaS) provider, today announced results of the company's strongest quarter to date. During this time, iCIMS implemented a record number of new clients onto its iCIMS' Talent Platform, expanded the company's Customer Education program, and introduced its small business Hiring Management Solution, iCIMS'Pro.
Leveraging its 2006 momentum, iCIMS kicked off 2007 with exceptional client growth; adding more than 50 small, mid-sized, and Enterprise customers to its client roster during the course of the quarter and exceeding sales from the same period last year by 182 percent. This quarter, industry leaders RE/MAX, The Hershey Company, eHarmony, New York & Company and Blue Cross/Blue Shield of Kansas selected iCIMS to power their talent initiatives.
In addition to notable new client signings, Q1 presented iCIMS with national recognition for its technology, business practices, and environmental contributions. Accolades include recognition as one NJBIZ magazine's "Best Places to Work in New Jersey" and recognition in the Software & Industry Information Association's (SIIA) prestigious CODiE Awards in the "Best Human Resources Solution" category.
In January, iCIMS introduced iCIMS'Pro, an on-demand Hiring Management Solution designed specifically for small businesses. A scalable, easy-to-use recruitment platform, iCIMS'Pro comes pre-configured with Best Practice settings, enabling organizations to get up and running on the solution quickly and effectively.
This quarter, iCIMS also enhanced its Customer Education Program, which now includes free training webinars to all iCIMS' Talent Platform users. The program, which provides iCIMS clients with access to educational resources, the company's diverse client network, and product and industry experts, illustrates iCIMS' dedication to customer service. The company has maintained a 97 percent client retention rate for four consecutive years and continues to receive near-perfect marks on client satisfaction surveys.
"Achieving this quarter's accomplishments while maintaining such a high level of customer satisfaction is incredibly rewarding," said Colin Day, iCIMS' President and CEO. "As iCIMS continues to expand our software and service offerings throughout 2007, we look forward to not only maintaining, but surpassing this quarter's successful results."
About iCIMS:
iCIMS, a leading Software-as-a-Service (SaaS) provider, is an Inc. 500 honoree focused on solving corporate business issues through the implementation of easy-to-use web-based software solutions. iCIMS' Talent Platform, the industry's premier Talent Platform, enables organizations to manage their entire talent lifecycle from applicant tracking through onboarding and beyond through a single web-based application. With more than 600 clients worldwide, iCIMS is one of the largest and fastest-growing talent management system providers in the space. To learn more about how iCIMS can help your organization, visit www.icims.com or view a free online demo of the iCIMS Talent Platform at www.icims.com/demo.
