Cypress HCM, LLC. Introduces New Technology

January 30, 2006

San Francisco, CA – Cypress HCM today announced that the organization will introduce COMPAS 1.0 (Cypress Online Management Payroll and Attendance System) to their client base. The new system provides all customers with an automated and interactive time and attendance system.

"We are very excited about this new software,” said Managing Director, Brian J. Vesce. “This is going to allow our clients a way to streamline their hiring process and will give them direct visibility into productivity, consumption and cost."

A proprietary technology, COMPAS 1.0 offers clients a robust and secure web based solution to process requisitions, interview and select candidates, approve time, and process invoices. Moreover, with robust reporting features and data management capabilities, COMPAS provides significant visibility into workforce management issues, with usage and cost information.

COMPAS 1.0 provides clients, hiring managers, consultants, and Cypress internal staff with full visibility into the recruitment, requisition, interview, selection, and employment processes.

About Cypress HCM:

Cypress Human Capital Management (HCM) identifies, recruits, selects, and deploys information technology talent for the best and brightest companies in the nation. By combining our intimate knowledge of technology with our understanding of talent and human capital management, we deliver tangible value to each client we serve. Driven to be more than just an IT Staffing Company, Cypress HCM was founded to deliver Services, Solutions, and Tools that enable our clients to improve their IT initiatives. Cypress HCM enhances visibility into the recruitment process, provides superior performance, and delivers a measurable cost reduction for productivity.

Media Relations Contact:
Brian Koehnemann
bkoehnemann@cypresshcm.com