Rio Tinto Deploys Fieldglass to Manage Its Services Procurement Program

CHICAGO, Dec. 9, 2010 /PRNewswire/ -- Fieldglass, Inc., the leading technology provider to procure and manage contingent labor and services, today announced Rio Tinto (NYSE: RIO), a leading international mining company, is live on its award-winning services procurement platform.

"We selected Fieldglass for its superior software as a service platform to assist us with services procurement on a global basis," said Scott Singer, Global Head of Procurement, Rio Tinto. "Throughout our selection process, we kept two key objectives in mind – streamlining our global approach to services procurement and improving contractor compliance with Rio Tinto's Health, Safety & Environment standards."

Rio Tinto is using the Fieldglass contingent solution to manage its sophisticated field operations, as well as track its maintenance services, representing a large portion of its non-employee spend, via Fieldglass' services module.

With the largest installed customer base in the industry, Fieldglass is the preferred solution for companies with global, complex labor programs, spanning both contingent labor and various services, including Statement of Work engagements and other projects.

"With an office in Australia, the Fieldglass solution is well-supported to manage the complexities of a large, global labor program like Rio Tinto's," said Jai Shekhawat, CEO, Fieldglass. "We look forward to beginning this partnership and extending our footprint within the mining industry as well as the Asian market."

ABOUT FIELDGLASS, INC.

Fieldglass, Inc. provides the leading SaaS platform to procure and manage contingent workers, services such as statement of work projects, independent contractors, and specialized talent pools. The highly-configurable product suite provides transparency into the entire workforce and helps companies optimize program performance and make more strategic labor decisions.

Backed by proven experience and the industry's largest customer base, Fieldglass serves Global 2000 firms in nearly 70 countries. Customers such as Johnson & Johnson, Monsanto, salesforce.com and GlaxoSmithKline realize greater efficiencies, control spend, improve quality and enforce compliance. For more information, visit www.fieldglass.com.

ABOUT RIO TINTO

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

SOURCE Fieldglass, Inc.