AMSTERDAM, The Netherlands, Aug. 16, 2004 (PRIMEZONE) -- Wolters Kluwer Tax, Accounting & Legal, a division of Wolters Kluwer, and a leading provider of tax, fiscal, legal and regulatory information for professionals, today announced the sale of KnowledgePoint, a provider of human resources management services and software to Recruitmax. Terms of the deal were not disclosed.Founded in 1996, Recruitmax's award-winning enterprise workforce management software and services enable companies to attract, hire, retain and manage their workforces more efficiently.
"The sale of KnowledgePoint to Recruitmax will allow Wolters Kluwer to focus full time on its core strategy of leveraging CCH and Aspen Publishers' expert content to deliver specialty, compliance-oriented research information to human resources, healthcare, securities, pension, legal and business professionals," said Robert Becker, President and CEO of Legal. "At the same time, it aligns KnowledgePoint with a similar organization, one dedicated to providing a world-class offering of software products and services focused on managing the entire employee lifecycle."
About Recruitmax
Recruitmax (www.recruitmax.com) is all about the people. An award-winning global provider of workforce management solutions, Recruitmax provides software and services, which allow companies to attract, hire, retain and manage their workforces more efficiently. With its U.S. headquarters in Ponte Vedra Beach, FL., and European headquarters in Chiswick, U.K., Recruitmax provides solutions that are used at more than 500 organizations, ranging from small recruiting firms to multinational Fortune 100 companies.
About Wolters Kluwer Tax, Accounting & Legal
Wolters Kluwer Tax, Accounting & Legal is a leading provider of tax, fiscal, legal and regulatory information for professionals. Major brands include CCH Tax Compliance, CCH Publishing and Aspen Publishers. Wolters Kluwer Tax, Accounting & Legal is a division of Wolters Kluwer, a leading multinational publisher and information services company. Wolters Kluwer has annual revenues (2003) of Eur 3.4 billion, employs approximately 18,750 people worldwide. Its depositary receipts are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Media Leslie Bonacum, Director, Corporate Communications Wolters Kluwer Tax, Accounting & Legal t + 1 847 267 7153 press@wolterskluwer.com www.wolterskluwer.com