Technomedia acquires Hodes iQ and partners with Bernard Hodes Group to distribute Technomedia talent management suite

MONTREAL AND NEW YORK, Sept. 14, 2011 /PRNewswire/ - Technomedia, a leading provider of integrated talent and learning management solutions, today announced that it has signed an agreement with Bernard Hodes Group, part of Omnicom Group Inc., to acquire the Hodes iQ talent acquisition solutions operating unit, based in New York. This acquisition enables Technomedia to accelerate its expansion strategy into the US market. The combined portfolio of both Technomedia and Hodes iQ, enhances Technomedia's position as a leading provider of Talent Management Solutions.

"Hodes iQ's award-winning Talent Acquisition platform is an impressive solution for companies that want to attract and hire the best talent", says Alain Latry, President and CEO of Technomedia. "In addition, we felt that the client-centric approach demonstrated by the Hodes iQ team perfectly complemented our own high-touch business model; for similar reasons, Bernard Hodes Group is an ideal partner for us because of their reach and expertise. We are proud to offer a complete, integrated solution, with expanded capability to our combined customer base."

Recognized by Bersin & Associates as the leader in Customer Satisfaction for Global Enterprises, Technomedia supports over 1.6 Million subscribers in the enterprise market. Technomedia's industry-leading talent management suite for global enterprises includes natively-integrated Recruitment, Performance, Compensation, Succession Management and Learning and Development modules.

Hodes iQ makes talent management work for companies by delivering flexible software solutions for talent acquisition, candidate sourcing, onboarding, career websites and recruitment process improvement. Hodes iQ has been profiled by Bersin & Associates' leading Talent Acquisition Systems report for many years, and ranks highly for its candidate management capabilities, social media recruiting innovations, and TalentScout intelligent search technology.

"In Hodes iQ we created a fantastic product and grew it into a market leader that it is today," said Alan Schwartz, CEO, Bernard Hodes Group. "We always strive to do what's best for our clients and merging Hodes iQ into Technomedia will do just that, providing our customers with a stronger product suite that is still seamlessly connected with Hodes. Technomedia will continue to grow and improve the iQ technology."

Under the terms of the agreement, Technomedia and Bernard Hodes Group will partner to provide a complete array of leading-edge talent management products and services to global organizations worldwide. Technomedia will operate under the brand Technomedia-Hodes iQ in the US market.

ABOUT TECHNOMEDIA
Technomedia (www.technomedia.com) delivers a natively-integrated talent management suite that helps organizations optimize their talent and grow their business. HR professionals use our solution to identify and recruit the talent needed to reach business goals. Managers efficiently evaluate and reward the performance of their team. Employees develop the right skills and knowledge for their career.
Established in 1996, Technomedia has built a solid reputation for customer loyalty, earning a #1 ranking in the Global Enterprise customer satisfaction by Bersin & Associates.

ABOUT BERNARD HODES GROUP
Bernard Hodes Group (www.hodes.com) offers innovative solutions and strategies to help companies find, keep and engage the best possible talent. Partnering with clients, Hodes offers a full array of integrated solutions, including: recruitment communications and support, digital and social media innovation, strategic planning and employer branding.
Headquartered in New York, with 98 offices and affiliates around the globe, Bernard Hodes Group is a part of Omnicom Group Inc. (www.omnicomgroup.com) - a leading global advertising, marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, interactive, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.

SOURCE Technomedia