FOR IMMEDIATE RELEASE
Corum Advises Human Resource MicroSystems in Acquisition by BPO Management Services
BELLEVUE, Wash., July 3, 2007 Corum Group Ltd., the premier provider of merger and acquisition services to software and information technology companies worldwide, is pleased to announce the acquisition of its client, Human Resource MicroSystems, Inc. (HRMS), a San Francisco-based provider of human resources software, by Anaheim, Calif-based BPO Management Services, Inc. (BPOMS).
This acquisition is great for both companies and provides multiple benefits to BPOMS. It immediately expands the BPOMS customer base by over 100 clients, but as importantly, provides the technology platform for BPOMS to expand their on-demand (SaaS) offerings into the human resources arena, explained Ward Carter, president of Corum Group.
About BPO Management Services, Inc.
BPOMS is a business process outsourcing (BPO) service provider that offers a diversified range of on-demand services, including human resources, information technology, enterprise content management, and finance and accounting, to support the back-office business functions of middle-market enterprises on an outsourced basis. BPOMS supports middle-market businesses new to the BPO market, established businesses that already outsource, and businesses seeking to maximize return-on-investment from their in-house workforce. For more information, visit www.bpoms.com.
About Human Resource MicroSystems, Inc.
HRMS provides comprehensive HRIS Software Solutions to human resource departments across a broad range of middle-market industries. Its current installed base includes more than 100 middle-market companies located throughout the United States. The company combines the human resource and technical expertise to deliver HRIS products and services that meet the immediate and ongoing HR software needs of middle market enterprises. For more information, visit www.HRMS.com.
About Corum Group Ltd.
Corum Group Ltd. is the premier provider of M&A services to software and information technology companies worldwide. With 11 offices globally, Corum has completed over US $6 billion in transactions in 15 countries during its over 20-year history, and publishes the software industrys most widely distributed M&A research. Corum operates with highly experienced former CEOs, who are supported by the industrys leading researchers, writers and valuators. The company has spent more than US $20 million to build the worlds largest database of technology companies worldwide (with over 70,000 contacts) to help ensure unparalleled success in client engagements. For more information, visit www.corumgroup.com.
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