PRUDENTIAL FIRST TO ACQUIRE FULLY INTEGRATED eRECRUITMENT SYSTEM FROM HY-PHEN/PEOPLECLICK PARTNERSHIP

LONDON, 29 June 2005 - hy-phen Workforce Management Solutions and Peopleclick Inc. today announce a three-year agreement with Prudential to provide an integrated eRecruitment solution incorporating both contingent and permanent recruitment capabilities. hy-phen, a leading provider of recruitment services and total resourcing management solutions, and Peopleclick, a world leader in Total Workforce Acquisition technology, will co-operate to deliver ‘best-in-class’ technology, solutions and international implementation expertise.

The hy-phen/Peopleclick relationship builds on hy-phen’s existing capabilities in the UK marketplace with vendor management systems (VMS) for contingent recruitment and Peopleclick’s international capabilities in both VMS products and Recruitment Management Systems (RMS) for permanent recruitment.

Russell Martin, HR Director UK and European Operations at Prudential, said: "The system will underpin every aspect of our recruitment management solution for contingent and permanent staffing over the next three years. We have a long and established recruitment relationship with hy-phen and look forward to working with them on this project."

Peter Collis, managing director of hy-phen, comments: "hy-phen’s agreement with Peopleclick is strategically significant and allows us to work together to provide clients with fully integrated services and technology to support all of their recruitment needs and deliver the benefits clients now demand from a workforce acquisition and outsourced recruitment provider. Unlike other providers, we can now offer fully integrated, market-leading functionality to support both contingent and permanent recruitment."

Steve Sasser, Peopleclick’s CEO, added: "With this new relationship, hy-phen clients will have access to the state-of-the-art tools needed to hire quality employees quickly. This agreement provides us with access to both the European market, and hy-phen’s highly regarded implementation and consulting services. We look forward to working with a European leader in the development and delivery of outsourced recruitment solutions."

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