HireVue invest

HireVue, Inc, the leading global provider of video in organizations' hiring process, today announced that the Board of Directors has appointed Mark Newman, HireVue co-founder and long-time board member, as Chief Executive Officer effective July 23, 2007. Ryan Money, current HireVue Chairman and CEO, will assume the position of non-executive Chairman and serve as an advisor to the company's senior management team, while also working closely with the Board.

"Taking the lead in HireVue going forward is a tremendous opportunity as we have built a solid foundation with many global customers" said Mark Newman, "Video and structured video job interviews are changing the companies and candidates interact and hire around the world and I am determined and honored to build HireVue to be at the forefront of this revolution."

Ryan Money said, "Mark thinks, eats and dreams HireVue. He understands the HR industry like a 40 year veteran. He is a true visionary in the space and understands deeply how technology can evolve the way companies and candidates interact and connect. Mark has more than my 100% vote of confidence and support. I have met many people in my travels with HireVue and there is no one that I believe is more fit to take HireVue to the next level than Mark. His passion and determination make for an awesome combination." Mr. Newman has been working with Operations and Business Development and will add additional day to day and additional strategic responsibilities to his role.

Director Chip Luman, speaking on behalf of the Board, said, "The entire Board appreciates the vital role Ryan has played in making HireVue the leader in the HR technology space it is today. After starting the company with Mark Newman in 2004, Ryan pushed HireVue through the development process and under his leadership, we have delivered great value to our clients and shareholders and we thank Ryan for his service" Luman continued "we are very excited to have Mark Newman takeover and continue to guide the company through the next phase of growth as he has always been a true asset to HireVue and has a true a passion for bringing HireVue to the point of powering any video in any hiring process, anywhere in the world."

About HireVue

Founded in 2004, HireVue, Inc is the global leader in providing video services to organizations' hiring processes. The company provides a SAAS offering that makes it possible for companies, recruiters, job boards and anyone else to visually connect candidates with hiring managers, any time, any place without having to worry about time zones or schedules and has performed services in 40+ countries. HireVue promises to deliver to its clients savings of 5x on costs, 10x on time and weeks in the hiring process. To learn more about recorded video interviews and video in general in your hiring process, visit: http://www.hirevue.com.



Author Information

MARK NEWMAN
HireVue