ST. LOUIS, MO, Aug. 11, 2004 (MARKET WIRE via COMTEX) -- TALX Corporation (NASDAQ: TALX), a leading business process
outsourcer of payroll-related and human resource services, reports
significant growth of its ePayroll and The Work Number services.
In just a few short years, ePayroll services has surpassed the one
million mark for the number of electronic pay stubs it processes for
client's employees each payroll period reflecting changes in the
marketplace regarding willingness to automate pay stubs.
In addition, The Work Number, which powers the ePayroll service, also
experienced significant growth. The Work Number, the largest of the
TALX services, added 37 new employers to its database with nearly 5
million payroll records collectively during the first quarter of
fiscal year 2005 ending June 30, 2004. This is among the largest
groups of employers added to the database during a quarter.
"We are thrilled by ePayroll's impressive growth and rapid attainment
of this significant milestone proving the value of outsourcing
payroll-related services, such as pay stubs online," said Bill
Canfield, president and CEO of TALX Corporation. "This has been an
exceptional first quarter for The Work Number as well which continues
to add value to the verifying community. Both of these services are
well-suited for today's professionals as they have grown accustomed
to accessing information online quickly and with ease."
TALX ePayroll services enable employers to eliminate the paper pay
stubs by providing electronic pay statements, as well as direct
deposit maintenance and W-4 updates. These services simplify the
distribution of payroll information to employees across the United
States. Plus, employers realize significant cost savings by
eliminating paper from the payroll process.
The Work Number is the leading automated employment and income
verification service that allows lenders, pre-employment screeners,
property managers, and social service agencies to obtain instant
answers to verification requests without burdening HR professionals
with paperwork. The database incorporates the highest level of
security. More information is available at www.theworknumber.com.
About TALX Corporation
TALX Corporation is a leading business process outsourcer of payroll
data-centric services. Based in St. Louis, Mo., TALX holds a
leadership position in two key employment-related services --
automated employment and income verification services via The Work
Number and unemployment cost management services via UC eXpress. TALX
also provides paperless payroll services, W-2 services and automated
time entry and approval services. The company's common stock trades
on the NASDAQ Stock Market under the symbol TALX. For more
information about TALX, call 314-214-7000 or access the company's Web
site at www.talx.com.
SOURCE: TALX Corporation