talentReef Announces Record Growth in Revenues and Client Acquisition Results in Q2

Company delivers a 240% increase in customer wins and numerous competitive takeaways

DENVER, CO — talentReef, the market-leading unified platform for Social Recruiting and Talent Management Systems announced record breaking results and accelerating momentum in Q2 and for the foreseeable future. Catalyzed by talentReef's best-in-class software platform specifically built for the service industry’s Hourly workforce, achieved revenue growth of 72% YoY and is on track to deliver sales bookings and ARR growth of approximately 100% in 2015.

John Raeder, talentReef CEO states, "We are continuously innovating and have aggressively invested tens of millions of dollars in Research & Development to deliver strategic product capabilities and to achieve these record results in Q2 and in 2015." Raeder further adds, "I'm ecstatic with our A-team's results YTD, reaching key milestones in top-line growth, new go-live activations, major corporate wins, organic customer expansion, and substantive scale."

Key Q2 News:

Product Innovation: Delivered new product modules for Employee Referrals and Employee Self-Service.

Industry Recognition: Received the Brandon Hall “Excellence in Technology Award,” awarded an Exclusive Partnership with National Franchisee Association, and selected by Workforce Magazine for  “e-Recruiting Hot List.”

Filling a Competitive Void: Competed and displaced major competitors at numerous corporate brands including: Einstein’s, Caribou Coffee, Jersey Mike’s, Taco John’s, Quiznos, Associated Food Stores, MOOYAH, Town Pump, My Goods Market, American Franchise Capital, Urth Caffe, M.W.S Enterprises, YNOT Pizza, Mosaic RBT, America’s Thrift Store, Worldwide Golf Enterprises, and many other recognizable logos.

Guidance: Forecast Industry leading metrics and hyper-growth (70-100%) in Revenues, ARR, Client wins, and Sales Bookings in FY 2015-16. Expanded our Headcount across every business unit reaching 120 staff, with plans to double again over the next 12-18 months in our corporate HQ.