ST. LOUIS, Jun 25, 2002 (BUSINESS WIRE) --
Workscape Clients Will Have Seamless Access to Best-of-Class Employment and Income Verification Services TALX Corporation (NASDAQ:TALX) a
leading outsourced service provider for the human resource, benefits and payroll
markets, and Workscape, Inc., the nation's leading provider of Internet-based
Human Capital Management (HCM) software and services, have formed a strategic
alliance adding The Work Number(R) employment and income verification service to
Workscape's HCM and employee benefits administration solutions. The Work Number
extends the wide-range of services Workscape offers its clients who prefer to
outsource eHR technology applications through one vendor rather than buy, build
and maintain in-house solutions or establish numerous relationships with
By using The Work Number, Workscape's clients can enable mortgage lenders and
brokers, auto leasing agents, tenant screeners and pre-employment agencies,
among others, to easily and quickly obtain or verify, via the Web or over the
phone, job and salary information of their employees. In addition, employees of
the Workscape clients that choose The Work Number can access the service via
Employee.com, Workscape's revolutionary portal platform, Intranet or telephone,
around-the-clock, to authorize the release of verification information. Quicker
access to this information by both employees and verifiers often accelerates the
approval process from days or weeks to a few minutes.
"We are pleased to extend Workscape's revolutionary applications suite by
integrating seamless access to The Work Number, the premier employment and
income verification solution," said Tim Clifford, president and CEO for
Workscape, Inc. "As an industry leader, we are committed to progressively
expanding our family of integrated applications that meet the diverse needs of
employees, managers, and HR specialists, leveraging ERP and other enterprise
investments companies already have in place."
"Given The Work Number's success as the leading employment and income
verification service, we are extremely gratified to be chosen by Workscape as a
solution that will be made available to their clients and integrated into their
platform," said Bill Canfield, CEO and president of TALX. "This strategic
alliance directly benefits Workscape's clients who offer this service to their
employees. Plus, the alliance has the potential of adding nearly two million
records to the Work Number database, which should favorably impact TALX's
recurring revenue stream."
About The Work Number(R)
The Work Number is America's leading employment and income verification service.
The database has more than 60 million employee records under contract from more
than 700 organizations nationwide. Over 35,000 mortgage bankers, lenders, social
services agencies and other verifiers regularly use The Work Number each month
to obtain highly accurate and complete information on applicants. The database
is updated directly from the employers' payroll records every pay period. The
Work Number is available via the Web at www.theworknumber.com.
About Workscape Inc.
Workscape builds Internet solutions for human capital management (HCM) and
employee benefits administration, which strengthen relationships among
employers, employees and HR suppliers. In addition to its core HCM platform,
Employee.com, the company develops HR self service, workforce management, ASP
and other workplace e-commerce solutions that drive productivity gains and
improve overall employee satisfaction. Workscape solutions have been deployed at
over 300 major corporations, representing almost 10 million employees worldwide.
For more information, visit the company at www.workscape.com or call
About TALX Corporation
TALX Corporation is a leading outsourced service provider for the human
resource, benefits and payroll markets. TALX holds a leadership position in two
key employment-related services - automated employment and income verification
services via The Work Number(R) and unemployment cost management services
through its acquisition of The Frick Company and the unemployment cost
management business of GatesMcDonald. TALX is also a leading provider of
automated benefits enrollment services and a provider of automated time entry
services. Based in St. Louis, Missouri, TALX empowers users to complete
transactions independently utilizing available multimedia including Web,
interactive voice response, speech recognition, fax and e-mail. TALX
Corporation's common stock trades on the NASDAQ Stock Market(R) under the symbol
TALX. For more information about TALX Corporation, call 314/214-7000 or access
the company's Web site at www.talx.com.
Statements in this press release expressing the expectations of management may
be forward-looking and involve uncertainties. TALX risk factors are detailed in
documents filed with the Securities and Exchange Commission.
CONTACT: TALX Corp., St. Louis
Laura Browder, 314/214-7224
Bob Townes, 508/861-3281
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