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Recruiter.com Achieves Significant Operational Milestone by Surpassing 10,000 Recruiters

1049 Days ago

HOUSTON, July 10, 2019 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. (“Recruiter.com” or the “Company”) (OTCQB: RCRT), the expert network platform for recruiters, today announced achieving a significant operational milestone by surpassing 10,000 recruiters on its software platform, with specialties including Information Technology, Human Resources, Sales, Engineering, Healthcare, and Project Management.

“We created the fee-based jobs platform because we believe that networks of people, empowered with the latest Artificial Intelligence (AI) matching technologies, will over time prove much more powerful than internal resourcing,” said Miles Jennings, CEO of Recruiter.com. “We also thought independent recruiters would be interested in a chance to earn money for professional referrals. Passing this 10,000 recruiter mark proves that there is great interest and the potential for tremendous scale.”

To better analyze Recruiter.com’s large ecosystem of recruiter users, the Company also recently introduced a scoring algorithm for recruiters, which creates tiered badges for its users. Recruiter.com recently shared comments from three of its successful recruiters who achieved Gold or Platinum Recruiter status. One such recruiter commented that the platform “allows me to choose jobs I am good at, or in the case of one of the new clients, be on a team of recruiters who are helping to service the client.”

Now with significant percentages of recruiters coming from high-demand industries such as Internet (14%) and Healthcare (18%), Recruiter.com is capable of specialized recruiting for a broad range of businesses.

Through the rapid growth and engagement of its network of recruiters, coupled with AI matching technologies, Recruiter.com will continue to build a highly unique and valuable platform for its employer clients, which now include enterprises such as Schlumberger, L Brands, and Ford, as well as mid-market employers and startups.

About Recruiter.com Group, Inc.
Recruiter.com Group, Inc., the expert network for recruiters, is a leading platform for specialized hiring. Recruiter.com pairs enterprises with the most extensive network of recruiters to drive the hiring of top talent faster and smarter. Recruiter.com offers recruiters SHRM certified recruitment training and independent earning opportunity. Recruiter.com was voted “Top Tech Company to Watch” by the CT Tech Council, cited as one of the “Top 35 Most Influential Career Sites” by Forbes, and listed by Inc. as one of the “9 Best Websites for Finding Top Talent.”

Please visit https://www.recruiter.com/investors.html or the following social media channels for more information.

LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/ 
LinkedIn Company Page: https://www.linkedin.com/company/1240434
Twitter Company Page: https://twitter.com/recruiterdotcom
Facebook Company Page: https://www.facebook.com/RecruiterDotCom

Cautionary Note Regarding Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including regarding expected increase in placements and opportunities for the Company’s clients and independent recruiters. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about the future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the ability of the AI technology utilized by Pocket Recruiter to perform as expected, continued demand for professional hiring, and the Risk Factors contained within our filings with the Securities and Exchange Commission including our Annual Report on Form 10-K for the year ended March 31, 2018. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:
Recruiter.com Group, Inc.
Phone: (866) 862-2979

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
Phone: (212) 896-1254

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