AUSTIN, Texas, Nov. 21, 2008 (GLOBE NEWSWIRE) -- Talent Alliance, Inc. (Pink Sheets:TLAN), a global provider of Talent Acquisition and Talent Management Solutions, announced today it has released its 3rd Quarter Financial Report which is available for viewing at www.pinkotc.com. The Company is also pleased to report that it has achieved record revenues of $4,018,765 in the 3rd Quarter of this year. Compared to the 1st Quarter of 2008, the Revenues show a 15.88% growth rate from the beginning of the year.
"We are very pleased with our financial results. We have shown consistent revenue and net profit growth this year, even in the face of an extremely challenging economic environment," said Stephen Sefcik, CFO of Talent Alliance, Inc.
Talent Alliance's growth was demonstrated in each of the Company's separate lines of business despite the overall downward trend in the economy. Over the 3rd quarter Talent Alliance has continued to secure key client partnerships in China and the U.S.
About Talent Alliance:
Based in Austin, Texas and Shanghai, China, Talent Alliance, Inc. (www.TalentAllianceIntl.com) provides talent management and talent acquisition technology applications and resources in the United States and The People's Republic of China. Talent Alliance provides world class permanent placement recruiting, contingent staffing, employee leasing and benefits management services, and proprietary talent acquisition technology solutions to small, medium sized businesses and multi-national corporations in the United States and the People's Republic of China. The Company currently has offices in Texas, Florida, California, and Shanghai, China with over 1,000 employees worldwide.
The Talent Alliance, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5520
Forward-Looking Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, product market trends, variations in the company's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors detailed in the company's Securities and Exchange Commission filings. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.