MrTed Forms Strategic Alliance With Chinas Largest RPO Provider

LONDON, December 2, 2009 – MrTed Ltd, the global leader of Talent Acquisition Solutions, today announced a significant contract with Shanghai Foreign Service Company Ltd. (SFSC), one of the largest human resources service providers in China and the country’s largest provider of recruitment process outsourcing (RPO) services.

MrTed will provide technology and support for SFSC’s far-ranging and highly complex recruitment RPO services. This contract opens the door to roll out MrTedTalentLink to more than 13,000 clients across China. The contract is the second in the last quarter between MrTed and a major Chinese organization and also follows the recent release of an independent market analysis by Bersin & Associates that shows MrTed to be the leading provider of talent acquisition solutions worldwide for large employers.

Established in 1984, SFSC is a professional company in human resources service industry that provides advanced solutions for recruitment, employee dispatching, HR agency, payroll management, benefit administration, consulting and training services. With a nationwide service network, complete service products, one-up technical platform, high-level quality management and professional service teams, SFSC provides professionals with a one-stop HR outsourcing service for more than 13,000 clients and quality services for more than 350,000 employees. Currently 85 percent of the Fortune Global 500 in China use SFSC services.

“This contract with SFSC definitely solidifies our global leadership position in the RPO and human resources outsourcing space, as well as our leadership in China,” said Jerome Ternynck, CEO for MrTed. “With the introduction of MrTedTalentLink Version 9 and its cloud computing capability, our Chinese customers have the complete freedom to access and customize the information they need when and where they need it. It’s a quantum leap in terms of competitive advantage.”

Jason Xu, the General Manager of RPO business, SFSC, said the company chose MrTed because, as the recent Bersin & Associates report noted, MrTed is extremely well-suited for large companies that require systems with multiple processes and the ability to manage compliance and operations in multiple languages.

“We are also very excited about the potential for MrTedTalentLink Cloud 9, with its full embracing of cloud computing technology for RPO services and what that could mean for SFSC,” said Xu.

Today, SFSC’s customers include leading multinational companies, wholly owned foreign enterprises, joint ventures of Chinese companies and foreign companies, cooperative companies of Chinese and foreign companies, state-owned enterprises, and private businesses covering high-tech industries in communication electronics, IT, bio-technology, Internet, automotive, petrochemical, medical, financial and the fast-consumables industry.

“This is a significant and very exciting opportunity for MrTed,” said Johnny Wang, Managing Director for MrTed
China. “Our collaboration with SFSC further proves our ability to serve a global client base, and particularly highlights our understanding of the Chinese market.”
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About MrTed
MrTed is a leading provider of on-demand talent acquisition solutions designed to help companies of all sizes optimize the process of acquiring local talent on a global scale. Through innovation, passion and focus, MrTed provides the world’s most effective recruitment solutions, ranging from MrTedTalentLink, an enterprise-class global talent acquisition solution, to SmartRecruiters, a free and easy applicant tracking system. MrTed was founded in London in 1999 and supports over 1,500 clients in more than 100 countries find and acquire the most coveted talent in the world.

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