IIIIW INSU Acquisition Corporation III

As the world faces unprecedented demographic, economic and competitive challenges, recruiting remains a top concern for leading organizations, according to the Talent Acquisition Challenge Report released today by the HROA, TPI and Pinstripe.

Confronted simultaneously with rising unemployment and reduced resources for acquiring new talent, companies are developing innovative recruitment marketing strategies, applying new selection criteria and reviewing budget and procedures, the Report finds.

The Report, which identifies recruitment trends, issues and opportunities for 2009, will help forward-thinking employers overcome recruiting challenges and capitalize on opportunities such as Recruitment Process Outsourcing (RPO).

"Organizations around the globe are faced with unprecedented business pressures and overwhelming talent management challenges," said Rosemary Collins, Partner & Managing Director, CHRO Services North America, TPI. "Now is the time to innovate and embrace recruitment solutions that will drive future growth. Businesses must seize opportunities presented during downturns. In order to attract and retain top talent, they must build a recruiting infrastructure that is flexible and scalable."

Current demographic and economic conditions have led to what the Report calls a "talent paradox." Today, the abundance of talent is extraordinary, but in certain critical geographies, lines of business and skill sets, finding the right person remains a serious challenge.

According to the report, HR practitioners identified the "economic downturn" and "skill shortages" as the top two environmental factors affecting recruiting today. Additionally, although 95 percent of organizations already utilize some form of technology, nearly 70 percent recognize the need to improve their recruiting practices.

"The economy poses a triple threat to your budget, brand and behavior," said Sue Marks, CEO, Pinstripe. "Hiring managers should be focusing on managing their budgets in light of the new paradox of fewer jobs and more resumes, protecting their company brand as they respond to the massive influx of candidates who are also potential customers, and adjusting their teams' behavior to managing a different relationship with candidates. RPO addresses these needs and the data point to growing demand for it."

HROA research reveals that RPO activity increased dramatically between 2005 and 2008, and that growth is expected to continue. The most common reason organizations outsource recruitment is to reduce their time-to-hire and cost; increasing candidate volume and quality were the next two most commonly cited factors. Organizations surveyed for the Report agreed that RPO programs have improved the quality of candidates they attract.

"Our research reveals that RPO is a core tool in the talent management toolkit in booms and contractions," said Richard Crespin, the HROA's Global Executive Director. "As companies look to reduce cost during the downturn and put in place flexibility for when the economy rebounds, RPO offers the perfect fit. Companies can cut back cost by outsourcing now and tap into the outsourcer's flexible infrastructure when it's time to start hiring again."

The Talent Acquisition Challenge Report includes information from the following sources:

--  The HROA/Pinstripe/TPI global survey conducted in the Fall 2008
--  Pinstripe HR Leader Polls conducted across 2008 from predominantly mid-
    sized organizations
--  The TPI Prevalence Database?, which contains data on both HR
    outsourcing buyers and providers while offering a fact-based, apples-to-
    apples comparison of all of the players in the HR outsourcing market
--  The 2008 RPO Summit in Washington, D.C. (more details on this year's
    RPO Summit, scheduled for December 9th and 10th at The Venetian Las Vegas,
    are available at http://www.rposummit.com/)
    

To access the Talent Acquisition Challenge Report and sign up to follow HROA on Facebook, LinkedIn and Twitter, please visit www.hroa.org.

About the HROA

The HROA is the definitive independent organization for all those who purchase, provide, or participate in HR transformation and outsourcing. The mission of the European Chapter is to educate, promote research, publish, recognize, and provide networking opportunities to foster professionalism in HR transformation and HR outsourcing across Europe. Its membership encompasses over 7,500 HR executives, including the largest 50 buyers, the top 30 providers, the leading sourcing advisors and attorneys, and the best thought leaders in HR Transformation. The HROA brings its diverse membership together to set standards and practices, provide peer networking, and maintain a robust curriculum. For information about the HROA, visit www.hroa.org.

About TPI

TPI, a unit of Information Services Group, Inc. (ISG) (NASDAQ: III) (NASDAQ: IIIIU) (NASDAQ: IIIIW), is the founder and innovator of the sourcing advisory industry, and the largest sourcing data and advisory firm in the world. We are expert at a broad range of business support functions and related research methodologies. Utilizing deep functional domain expertise and extensive practical experience, TPI's accomplished industry experts collaborate with organizations to help them advance their business operations through the best combination of business process improvement, shared services, outsourcing and offshoring. In addition, TPI Momentum, a business unit of TPI, provides information and insights to outsourcing and offshoring service providers to help them provide enhanced services to their sourcing clients. For additional information, visit www.tpi.net.

About Pinstripe, Inc.

Pinstripe, Inc. designs, builds and delivers high-performance talent acquisition and management solutions. Pinstripe's innovative approach to Recruitment Process Outsourcing (RPO) integrates sourcing, recruiting, hiring, on-boarding, and engagement into a complete, end-to-end solution. Pinstripe on-demand hiring solutions are tailored for specific clients across a spectrum of industries including financial services, healthcare, technology, telecommunications and other major industries. For healthcare organizations, Pinstripe Healthcare works with clients to attract the best available talent so they can deliver high quality patient care and reduce overall labor costs. More information is available at http://www.pinstripetalent.com.

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