NEW YORK, Oct. 6 /PRNewswire/ -- Avature, a provider of innovative Web 2.0
Human Capital Management solutions, announced that its new product, Recruiting
CRM(TM), has been named one of Human Resource Executive magazine's Top 10 HR
Products of the Year for 2008. Avature will be honored in an awards ceremony
next week at the 2008 HR Technology Conference & Exposition in Chicago.

Recruiting CRM was chosen as a winner for its innovative use of advanced
technology and its focused solution to recruiters needs. Built on Avature's
proprietary Web 2.0 framework, the application is the only enterprise CRM
designed specifically for recruiting purposes. Recruiting CRM brings Internet
spidering, Live Search (with Boolean & Custom Operators), tagging and tag
clouds, e-mail threading, SMS communication, and other advanced Web 2.0
features to the talent acquisition software solution space.

"Human Resource Executive(R) has been evaluating HR products and
conducting this competition for 20 years," explained David Shadovitz, editor
in chief of Human Resource Executive(R). "Our goal has always been to identify
products and services that clearly offer value to the HR community while
demonstrating innovation. We congratulate Avature for its innovative approach
to using the Internet for recruiting."

Recruiting CRM is a global solution, with intelligent parsing algorithms
that can learn any language and adjust to international resume formats.
Recruiting CRM's analytics dashboard delivers real-time data to the Web,
making management of global recruiting easier and more effective.

"We are honored to be recognized by Human Resource Executive(R) for HR
Product of the Year," said CEO Dimitri Boylan. "Recruiters and HR
professionals spend a lot of time interfacing with Web 2.0 on public websites
and they want the same rich user experience from their corporate applications.
We have developed an Enterprise 2.0 platform that makes it easy for
professional recruiters to take advantage of the Web 2.0 phenomenon at both a
technical level and a social level."

The system is ideal for deployment in front of existing ERP solutions or
Applicant Tracking Systems (ATS) and is HR-XML compliant, simplifying
integration with legacy HR systems. The application is OFCCP compliant and
supports European Union Safe Harbor data privacy requirements.

Delivered as a software-as-a-service (SaaS), Recruiting CRM can be
purchased as a monthly subscription.

For more information about Recruiting CRM, please visit
http://www.avature.net/technology/recruiting-crm/

About Avature

Founded in 2004 by Dimitri Boylan, the former co-founder and CEO of
HotJobs.com, Avature is a global technology company that provides human
capital management software. Headquartered in New York City, Avature has
offices in the US, Europe and Latin America. Information on Avature can be
found at http://www.avature.net .