Wake Forest University Selects SilkRoad technology's OpenHire and RedCarpet

Winston-Salem, N.C. (September 29, 2009) – SilkRoad technology, inc., the leading provider of talent management solutions, announced today that Wake Forest University has selected both OpenHire™ recruiting management and applicant tracking system, and RedCarpet™, SilkRoad’s onboarding and life events management solution to enhance their recruiting and retention strategy.

As one of the nation’s top universities, Wake Forest puts as much careful consideration into selecting their employees as they do their students. OpenHire will ensure Wake Forest is able to reach the top candidates for open positions, and RedCarpet will guarantee the new employee onboarding process seamlessly integrates them into the organization.

“The implementation of SilkRoad technology’s OpenHire and RedCarpet supports one of Wake Forest University’s key strategic priorities, which is to ‘improve the standards and ability to hire top quality talent.’  We expect that OpenHire will promote proactive recruiting efforts and RedCarpet will create a seamless orientation process for new faculty and staff,” said Tara Brown, Manager, Talent Acquisitions for Wake Forest University.

SilkRoad’s OpenHire intelligent search feature reads and understands both resumes and job descriptions, automatically identifying individuals best suited to a specific position and returning a list ranked by probability of placement. The comprehensive OpenHire Career Portal Studio is directed specifically at providing information to candidates on careers and job openings, as well as a means to deliver an organization’s talent brand.

RedCarpet, the number one employee onboarding and life events solution on the market, goes beyond just onboarding to handle any employee life cycle event.  In addition to onboarding, these transitions can include offboarding, promotion, transfers, mergers and acquisitions, medical leaves and any other life event an employee may experience. Content that a company wishes to deliver to an employee during such a transition is provided through a completely customizable portal. This information can include welcome messages, a wide range of useful information including schedules, training and contact information, electronic forms capabilities and easy access to all supporting materials applicable to their particular employee transition.

About Wake Forest University

Wake Forest University is a private, coeducational institution dedicated to academic excellence in liberal arts, graduate and professional education. Founded in 1834, the University is ranked among the top thirty national universities. With 4,300 undergraduates and 2,200 graduate and professional students, the student-faculty ration is 10:1. Wake Forest is a collegiate university offering a vibrant intellectual community with a rich cultural life, an impressive array of facilities and an active athletics community. From its founding, the university adopted the motto “pro humanitate” which is exemplified by a deep institutional commitment to public service and engagement with the world. For quick facts about the University, go to http://www.wfu.edu/visitors/quickfacts.htm

About SilkRoad technology, inc.

SilkRoad technology, inc. provides software as a service (SAAS) solutions that significantly improve the talent within its more than 1000 customers across the globe. Through SilkRoad’s Life Suite™, an integrated talent management solution, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite solution set includes OpenHire™, for recruiting management, RedCarpet™ for employee onboarding and life events, WingSpan™ for flexible employee performance management, GreenLight™ for learning management, and Eprise™ for employee intranets and content management.

SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; Red Bank, NJ; Jacksonville, FL; Edmonton, Canada; Singapore; Sydney, Australia and Hamburg, Germany. More information is available on the Web at www.silkroad.com or by phone:  U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100. Follow SilkRoad technology on Twitter at www.twitter.com/SilkRoadTweets.

# # #