MrTed Confirms European Market Leadership and Announces Record Results for 2004
Monday, February 14, 2005
After an excellent 2003, MrTed Limited is delighted to announce that 2004 proved to be an even more successful year with new records being reached in both revenue and profits. “It has been a great year,” states Mr. Jérôme Ternynck, Founder and CEO of MrTed Ltd. “In fact 2004 was MrTed’s best operating period ever. Revenues were up 30% compared to 2003 and we posted over US$1 million in operating profits. I am also really excited with the prospects for 2005; I think we’ve just started to reap the benefits of our leadership position in Europe and global
delivery capabilities.”
These strong results came from increased usage of the MrTed TalentLinkTM solutions by existing customers as well as the acquisition of new corporate customers across Europe, the USA, South Africa and China. In 2004, MrTed acquired 27 new customers including a number of prominent global corporations such as Capgemini, DeBeers, CSC, Zurich Financial Services, Thales, Ford or Fortis Group.
At the same time, existing customers such as Siemens, Danone, Sodexho Alliance, Leroy Merlin or European RPO leader, Alexander Mann Solutions continued to enjoy strong Return-on-Investment and expand the scope of their MrTed TalentLinkTM solution to more countries and more businesses. This strategy paid off for our customers; As an example, Siemens Global career website, supported by MrTedTalentLinkTM, was rated as “One of the 5 best career website in the world” by ERE experts.
Throughout 2004, the MrTed TalentLinkTM Application suite continued to be enriched with new functionalities and smart ideas coming directly from our customer base. Our integrated Contingent Workforce Management module launched in early 2004 has been very well received is currently deployed in more than 18 countries. MrTedTalentLinkTM is actually the only application in the industry to deliver a multi-local Total Workforce Acquisition solution giving customers a greater control and easier integration of all resourcing processes. MrTed also paved the way for Resourcing Shared Service centres (in-house or outsourced) with the launch of our Hiring Manager Self Service (a multifunctional portal specifically dedicated to operational managers and integrating all aspects of permanent and contingent resourcing).
As MrTed is promoting the Software as a Service (SaaS) model, all of its customers benefit from the latest improvements and new functionalities of the platform without requiring any software or hardware upgrade of any kind.
ABOUT MRTED LIMITED
MrTed is a leading provider of Talent Management Solutions. Today, more than 50 000 people around the world are using MrTed TalentLink, MrTed's expert solution. Corporations that require global reach along with tailored local presence for recruitment, internal mobility, outplacement; contingent workforce and comprehensive talent management needs have found the solution with MrTed. Offering flexible and transparent web based solutions in interactive network environments; the MrTed TalentLink platform can be quickly deployed in any combination of 20 languages. MrTed provides all its world famous customers with innovative technology and highly professional services.
Visit www.mrted.com