Drake International Acquires DenoSys LLC

TORONTO, June 1 /CNW/ - Drake International announces its acquisition of Internet HR software provider DenoSys LLC of Morgantown, West Virginia. This acquisition adds a robust HRMS to Drake's product offering, gives valuable resources to the Drake team, and opens up new market opportunities for Drake's Exponential Impact Talent Management Solution (TMS).

Mitch Diamond, President of Sales for Exponential Impact USA, welcomes the DenoSys team to Drake International: "The acquisition of DenoSys anchors the Exponential Impact TMS, building upon and strengthening our current industry solutions offering to both current and new customers. The Exponential Impact TMS offers the latest technology and functionality in a series of 'build as you go' service-level plans to address the key productivity and performance improvement issues that are impacted by an organization's human capital. With functionality from hire to retire, Exponential Impact is a total human capital management solution that can include FDA compliance LMS/LCS, performance, appraisal, succession planning, and payroll processing."

DenoSys principals, Ryan Dineen and David Dineen, will join the Drake team at its North American headquarters in Toronto, Ontario, and will continue to provide services to existing US-based clients: "We're very excited about the opportunity to work with a great company like Drake. Drake's vision of the HRMS landscape and the demands of the market are completely in sync with ours. Together, we'll be able to provide a world-class Talent Management Solution to North America and beyond.

"The HR technology playing field is constantly changing. The needs and requirements of customers, issues surrounding legal compliance, and the technology itself is ever-evolving. Offering our HR Solution as a SaaS (Software as a Service) platform allows us to quickly address changes and give customers the tools they need to maintain high levels of productivity and performance. By joining the Drake team, we can now share knowledge and insights to penetrate global markets, offering solutions to customers that will grow along with their businesses."

About DenoSys LLC

DenoSys LLC provides Internet-based human resources and payroll software and services to clients in Virginia, Maryland, Pennsylvania, and West Virginia. It was founded to provide 24/7 web access to a world-class HR application without the burdensome costs of hardware or software licensing. The principal consultants have extensive backgrounds in the functional and technical aspects of human resources, benefits, performance management, recruiting, and payroll. They are experts at consulting on change management and business process redesign, as well as systems integration and implementation. Their scalable software creates a solid platform to support operational efficiency, productivity, and growth.

About Drake International

Members of the Drake International Group of Companies are innovators in talent management, profit improvement, permanent and flexible staffing, and technology solutions designed to improve productivity and performance.

Drake's operating philosophy is based on the principle that organizations achieve the highest level of performance when they are staffed with the right people, working with the right skills, knowledge and behaviours, using the best processes and technology-driven solutions, over an extended period of time.

Our unique suite of Talent Management Solutions can be customized for your organization to generate Exponential Impact by improving performance, productivity, recruiting, retention, organizational culture, leadership, and customer satisfaction.

SOURCE Drake International Inc.

For further information: For further information: Mitch Diamond, Company Name: Exponential Impact, Telephone Number: (813) 960-2077, Email Address: sales@exponential-impact.com, Website: www.exponential-impact.com

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Drake International Inc.

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