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Eliyon Takes Top Honor at HR Technology Excellence Awards

Service Offering Access To Largest Source of Data On People In Business Wins For Innovative & Creative Development of Human Resource Technology

April 16, 2003 - CAMBRIDGE, Mass. - HRevents and The International Quality & Productivity Center has awarded Eliyon Technologies first place in its HR Technology Excellence Award program. Eliyon won for Innovative & Creative Development of Human Resources Technology Solutions for Workforce Planning/Recruiting/Staffing/ Human Capital. Held in Chicago on April 10, the program is conducted in association with HRtech 2003 to recognize best of class technology solutions for the HR industry.

Eliyon, an online service offering access to the largest source of data on people in U.S. business, was selected over finalists' BrassRing, Insala Group and TimeVision. Eliyon has gained acclaim in human resources and recruitment by enabling customers to cut research time and retain search projects previously outsourced, resulting in dramatic cost savings. Since its launch just over 12 months ago, Eliyon has attracted more than 150 customers including companies from the Fortune 500 such as Microsoft, AOL Time Warner and Staples.

"The HR Technology Excellence Award winners represent the very best of human resources technology throughout the world. Nearly 75 leading organizations applied across five categories for the right to be named best in class," said Seth Kerker, Executive Director of the HR Technology Excellence Awards program.

Eliyon continually scans millions of individual Web sites, press releases, electronic news services, SEC filings and other online sources. Through the use of groundbreaking natural language processing technology, it automatically extracts biographical and other data on business professionals, reassembling the information into searchable profiles of individuals and companies. The Eliyon database currently holds 14 million profiles and grows by 450,000 entries each month.

"We chose to launch Eliyon in HR and recruitment because its practitioners had a strong need for obtaining better quality data, faster," said Jonathan Stern, Eliyon president and CEO. "Eliyon is the first successful industrial application of natural language processing technology. We are extremely gratified to have had its value recognized so quickly by such a progressive industry and prestigious organization."

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