New York; October 6th, 2008 – Avature, a provider of innovative Web 2.0 Human Capital Management solutions, announced that its new product, Recruiting CRM™, has been named one of Human Resource Executive magazine’s Top 10 HR Products of the Year for 2008. Avature will be honored in an awards ceremony next week at the 2008 HR Technology Conference & Exposition in Chicago. Recruiting CRM was chosen as a winner for its innovative use of advanced technology and its focused solution to recruiters needs. Built on Avature’s proprietary Web 2.0 framework, the application is the only enterprise CRM designed specifically for recruiting purposes. Recruiting CRM brings Internet spidering, Live Search (with Boolean & Custom Operators), tagging and tag clouds, e-mail threading, SMS communication, and other advanced Web 2.0 features to the talent acquisition software solution space. “Human Resource Executive® has been evaluating HR products and conducting this competition for 20 years,” explained David Shadovitz, editor in chief of Human Resource Executive®. “Our goal has always been to identify products and services that clearly offer value to the HR community while demonstrating innovation. We congratulate Avature for its innovative approach to using the Internet for recruiting.” Recruiting CRM is a global solution, with intelligent parsing algorithms that can learn any language and adjust to international resume formats. Recruiting CRM’s analytics dashboard delivers real-time data to the Web, making management of global recruiting easier and more effective. “We are honored to be recognized by Human Resource Executive® for HR Product of the Year,” said CEO Dimitri Boylan. “Recruiters and HR professionals spend a lot of time interfacing with Web 2.0 on public websites and they want the same rich user experience from their corporate applications. We have developed an Enterprise 2.0 platform that makes it easy for professional recruiters to take advantage of the Web 2.0 phenomenon at both a technical level and a social level.” The system is ideal for deployment in front of existing ERP solutions or Applicant Tracking Systems (ATS) and is HR-XML compliant, simplifying integration with legacy HR systems. The application is OFCCP compliant and supports European Union Safe Harbor data privacy requirements. Delivered as a software-as-a-service (SaaS), Recruiting CRM can be purchased as a monthly subscription. Click here for more information about Recruiting CRM. About Avature Avature was founded in 2004 by Dimitri Boylan, the former co-founder and CEO of HotJobs.com. Avature is a global recruiting services company that provides research and sourcing services and human capital management software. Headquartered in New York City, Avature has offices in the US, Europe and Latin America. Information on Avature can be found at https://www.avature.net.