Mastech Holdings, Inc. Appoints Industry Veteran as New CEO
July 22, 2009
PITTSBURGH, PA– July 22, 2009 /PRNewswire-FirstCall/ -- Mastech Holdings, Inc., (NYSE Amex: MHH), a national provider of Information Technology Staffing services, announced today that staffing industry veteran Thomas B. Moran has been appointed as the Company's President and Chief Executive Officer and Director.
In making the announcement, Mr. Wadhwani, Mastech's Co-Chairman and interim CEO, stated that, "Tom is the right executive to formulate a growth strategy which will move Mastech into the next phase of its evolution. During Tom's tenure at Hudson Highland, the company achieved record revenues through a combination of organic growth and select acquisitions." Commenting on the appointment, Co-Chairman Ashok Trivedi stated, "We are very pleased to have someone with Tom's industry background and proven track record to guide Mastech during these challenging, but opportunistic, times."
Tom Moran said: "I am very excited about the opportunities presented in leading Mastech. The Company is well positioned in the markets that it serves, has a scalable business model and a healthy financial position. I look forward to working with the Board of Directors and the management team to put Mastech on a path for future growth to create shareholder value."
Mr. Moran has more than 20 years of experience in the staffing industry and has held leadership positions at several of the industry's largest players. Prior to joining Mastech, Mr. Moran served as "CEO Partner" for Frontenac Company, Inc., a private equity firm. From 2002 to 2007, Mr. Moran was the President and CEO of Hudson Highland Group, Inc., Americas, where he built a management team that led the organization to record revenues and profits. Mr. Moran also served in various leadership roles at Robert Half International from 1995 to 2002, where he was responsible for directing and growing operations as the District President for one of their largest multi-state territories in North America.
Tom has been very involved with several different organizations within the staffing industry, as well as professional organizations within the sectors his businesses support. He will be a valuable addition to the Company and its shareholders.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years of IT experience, Mastech (NYSE Amex: MHH) provides Information Technology Staffing services in the disciplines which drive today's business operations. More information about Mastech can be found at Mastech's website: www.mastech.com.
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Mastech to Exhibit at 2009 WPMSDC Business Opportunity Fair
May 7, 2009
PITTSBURGH, PA– May 7, 2009– Mastech representatives are scheduled to exhibit and participate in the 2009 Western Pennsylvania Minority Supplier Diversity Council's (WPMSDC) Business Opportunity Fair on Friday, May 8th. The event is held at Pittsburgh's David L. Lawrence Convention Center, and is Western Pennsylvania's largest minority business development trade show. The show draws more than 800 minority business representatives annually. Mastech, a certified minority-owned business enterprise, is an active member in the WPMSDC, and recently presented on the importance of Diversity to the Pittsburgh region at the 2008 Supplier Diversity Summit. More information about Mastech's Supplier Diversity program can be found here, and More information about the WPMSDC can be found here: http://www.prmpc.org/.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years of IT experience, Mastech (NYSE: MHH) provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive IT services including: IT Consulting; OneSource(tm) Co-Managed projects; and supplemental IT resources. More information about Mastech can be found at Mastech's website: www.mastech.com. For more information or a sample copy, contact: Christopher R. Evans, Director of Global Marketing at info@.mastech.com.
For more information or a sample copy, contact:
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497 or info@mastech.com
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Mastech Launches Green Technology Practice with focus on Smart Grid and Renewable Energy
Addition ofAdds business development leader Larson Rider to focus on practice development
March 25, 2009
PITTSBURGH, PA– March 25, 2009– Mastech Holdings, Inc. (AMEX: MHH) (“Mastech”), a national provider of Information Technology staffing services, today announced the appointment of Larson Rider to the company’s Green Technology practice.
Since 1984, Mr. Rider has worked extensively with Green Technology clients in Energy/Environmental Controls, Renewable Energy and Smart Grid. Mr. Rider joins Mastech from Echelon Corporation, a leading international provider of Control Networks for the Smart City, Smart Meters and Smart Grid Systems, where he served as the corporation’s Staffing Manager.
As part of Mastech's focus on Smart Grid and Renewable Energy and, in particular, the high-growth area of Renewable Energy Technology, Mr. Rider will focus on practice development, business development, and Renewable Energy Technology consultant recruitment. Mr. Rider will be based out of Mastech’s operations in Fremont, CA.
Commenting on Mr. Rider’s appointment, Mastech's CEO noted, “The increasing importance of Smart Grid and Renewable Energy make this market sector a key area of focus for Mastech. Adding a seasoned professional to launch our practice helps Mastech deepen our relationship at existing Green Technology and Environmentally-committed clients, and increase new Green Technology-related business. Larson’s knowledge and experience will also help attract highly sought-after consultants who possess significant Smart Grid and Renewable Energy skills.”
“I am excited to join a forward-looking firm such as Mastech,” remarked Mr. Rider, “Mastech’s history is one of being on the cutting-edge of technology integration trends. From our initial conversations about Green Technology, Smart Grid and Renewable Energy, I realized Mastech’s commitment to make a difference to the Environment, and to have a hand in crafting a future of an energy-independent United States. I believe we have the tools, resources and support to build a premier, nationwide Green Consulting and Human Capital Management practice.”
Rider’s twenty-six years in the industry include a solid business development background in addition to Recruitment; Staffing; Retained Search, and Technical Contract Staff Augmentation.
An entrepreneur by nature, Mr. Rider has opened new markets and started successful consulting practices within several prior firms. Mr. Rider served as a partner in retained executive search firm Greenberg Perry and in business development / management roles with Sequent Associates (now part of KForce), Consultants Online, Bridge-Gate (now part of Spherion) and Chase International.
More information about Mastech can be found at Mastech’s website: www.mastech.com.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years of IT experience, Mastech (NYSE: MHH) provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive IT services including: IT Consulting; OneSource(tm) Co-Managed projects; and supplemental IT resources. More information about Mastech can be found at Mastech's website: www.mastech.com. For more information or a sample copy, contact: Christopher R. Evans, Director of Global Marketing at info@.mastech.com.
For more information or a sample copy, contact:
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497 or info@mastech.com
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New SAP Consulting Services Leader Appointed at Mastech Holdings, Inc.
Addition of Randy Ridenour Strengthens Firm’s SAP Consulting Practice
October 1, 2008
PITTSBURGH, PA– October 22, 2008– Mastech Holdings, Inc. (AMEX: MHH) (“Mastech”), a national provider of Information Technology consulting services, announced today that the company had appointed Randy Ridenour to the role of Vice President, SAP Services.
With over fifteen years SAP-related IT experience in wide-ranging capacities including consulting; business development; manager of a $300M+ SAP practice and later as a top-senior executive and board member of a niche SAP provider, Mr. Ridenour brings forward a solid SAP track-record to his new capacity at Mastech, and adds depth to the company's pursuit of SAP-related business.
As part of Mastech's strategic focus on the Enterprise Relationship Planning (ERP) space, and in particular, the high-growth area of SAP technology, Mr. Ridenour will focus on practice development, business development, enhanced SAP consultant recruitment and operational practice efficiency.
Commenting on Mr. Ridenour's appointment, Mastech's CEO noted, "The burgeoning SAP consulting space is a key area of focus for Mastech, and adding a seasoned senior-level professional at the top of our practice helps Mastech deepen our relationship at existing SAP clients and increase new SAP-related business. Randy's presence and leadership will also help attract highly sought-after SAP-skilled consultants. Randy's impressive record speaks for itself."
"It's a great pleasure to join an ERP consulting powerhouse like Mastech," remarked Mr. Ridenour, "from our initial conversation, I realized the company's definitive commitment to the SAP space and the entire team is ready to make rapid headway in the market. We have all the tools here needed to succeed."
Mr. Ridenour joins Mastech from Stefanini IT, an international provider of ERP-centric outsourcing and staffing services and software development, and previously served in similar capacities with Sapient and Modis. More information about Mastech can be found at Mastech's website: www.mastech.com. SAP is a registered trademark of SAP AG in Germany and in several other countries.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years I .T. experience, Mastech (AMEX: MHH) provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive I.T. services including: I.T. Consulting; OneSource(tm) Co-Managed projects and supplemental I.T. resources.
Mastech's niche focus includes Business Intelligence/Data Warehousing; Enterprise Resource Planning (ERP); Service Oriented Architecture (SOA); Web Development and I.T. Project Management.
Mastech also provides Recruitment Process Outsourcing (RPO) services through its division RPOworldwide. Mastech is a certified minority-owned business enterprise. For more information, visit www.mastech.com.
For more information or a sample copy, contact:
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497 or info@mastech.com
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Mastech Holdings, Inc. Completes Spin-Off from iGATE, Announces Guidance for Fiscal Year 2008
October 1, 2008
PITTSBURGH, PA– October 1, 2008– Mastech Holdings, Inc. (AMEX: MHH) ("Mastech"), a national provider of Information Technology consulting services, is pleased to announce the completion of its spin-off from parent company iGATE Corporation effective October 1, 2008 (NASDAQ:IGTE) ("IGATE").
For over twenty years, Mastech has been a leading I.T. Services provider specializing in emerging technologies such as Enterprise Resource Planning (ERP) and Business Intelligence/Data Warehousing (BI/DW), and more recently Recruitment Process Outsourcing (RPO). Since 2000, Mastech has functioned as iGATE Corporation's Professional Services business segment. The spin-off transaction positions Mastech to capitalize on future growth opportunities. Mastech will remain headquartered in Pittsburgh, PA, and will continue to be led by its existing management team.
Commenting on the spin-off transaction, Mastech's, CEO stated, "We are excited about Mastech's prospects as an independent company and our mission of creating long-term value for its shareholders. While current economic conditions will continue to present challenges for the industry during the balance of 2008, we believe that our company is well-positioned to take advantage of favorable long-term trends in the markets that we serve, through our talented professionals, unique global recruitment engine and strong heritage as an industry leader. For fiscal year 2008, we expect revenues in the range of $93 million to $95 million and operating profit of $3.5 million to $4.0 million. The Company will be debt-fee at the transaction date and, we believe, will have adequate cash balances to support its existing working capital needs."
Commenting on the spin-off transaction, Mastech's CEO stated, "We are excited about Mastech's prospects as an independent company and our mission of creating long-term value for its shareholders. While current economic conditions will continue to present challenges for the industry during the balance of 2008, we believe that our company is well-positioned to take advantage of favorable long-term trends in the markets that we serve, through our talented professionals, unique global recruitment engine and strong heritage as an industry leader. For fiscal year 2008, we expect revenues in the range of $93 million to $95 million and operating profit of $3.5 million to $4.0 million. The Company will be debt-fee at the transaction date and, we believe, will have adequate cash balances to support its existing working capital needs."
"Operating as an independent company will provide Mastech greater financial and operational flexibility, and will allow it to aggressively take advantage of market opportunities", stated the company's Co-Chairmen, Sunil Wadhwani and Ashok Trivedi.
About Mastech Holdings, Inc.:
Leveraging the power of 20 years I .T. experience, Mastech (AMEX: MHH) provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive I.T. services including: I.T. Consulting; OneSource(tm) Co-Managed projects and supplemental I.T. resources. Mastech's niche focus includes Business Intelligence/Data Warehousing; Enterprise Resource Planning (ERP); Service Oriented Architecture (SOA); Web Development and I.T. Project Management. Mastech also provides Recruitment Process Outsourcing (RPO) services and Brokerage Operations Staffing services through its RPOworldwide and Global Financial Services subsidiaries. Mastech is a certified minority-owned business enterprise. More information about Mastech can be found at Mastech's website: www.mastech.com.
Forward-Looking Statements
Some of the statements contained in this news release that are not historical facts are forward-looking statements. These forward-looking statements include the company's financial, growth and liquidity projections as well as statements concerning the company's plans, strategies, intentions and beliefs concerning business cash flows, costs and the markets in which it operates. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify certain forward-looking statements. These statements are based on information currently available to the company and it assumes no obligation to update the forward statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from the forward-looking statements. These risks include, but are not limited to, the company's ability to predict its financial performance, the level of market demand for its services, the highly-competitive market for the types of services offered by the company, the impact of competitive factors on profit margins, market conditions that could cause the company's customers to reduce their spending for its services, the company's ability to create, acquire and build new businesses and to grow existing businesses, attract and retain qualified personnel, and other risks that are described in more detail under the heading "Risk Factors" in the Company's Registration Statement on Form 10, dated September 11, 2008, filed with the Securities and Exchange Commission.
Media Contacts
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497 or info@mastech.com
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iGATE Corporation Announces Record Date for Spin-off of Mastech Holdings, Inc.; Board of Directors Declares Special Dividend of Mastech Holdings Common Stock
August 2008
PITTSBURGH, PA– September 8, 2008– iGATE Corporation (NASDAQ: IGTE) ("iGATE") today reported that its Board of Directors has approved and set a record date of September 16, 2008 for the proposed tax-free spin-off of Mastech Holdings, Inc. ("Mastech") The Board declared a dividend of one share of common stock of Mastech for fifteen shares of iGATE common stock held.
The distribution of Mastech shares is expected to occur on September 30, 2008, to holders of iGATE common stock of record as of September 16, 2008. The distribution is conditioned upon the Securities and Exchange Commission (SEC) declaring effective the Registration Statement on Form 10 for Mastech common stock, as well as other conditions. The iGATE Board has reserved the right to withdraw its declaration of the dividend at any time prior to the distribution.
"Separating the Mastech business from iGATE is the last stage in the restructuring process we began four years ago," said Phaneesh Murthy, Chief Executive Officer of iGATE Corporation. "At the end of September, we will have a singular focus as a pure play services provider whose integrated Technology and Operations (iTOPS) model provides the greatest value to our clients, employees and shareholders."
Steven Shangold, Chief Executive Officer of Mastech, stated "As an independent company, Mastech will leverage its own rich history and reputation as a leading provider of IT staffing services, to deliver long term shareholder value. We are well positioned through our experienced management team, skilled professionals, unique global recruitment engine and long-standing client relationships, to take advantage of the significant market opportunities available to provide expert IT talent and services."
It is anticipated there will be a "when issued" public market for Mastech common stock. Mastech is expected to trade on the American Stock Exchange (AMEX) under the trading symbol "MHH."
iGATE stockholders who sell their shares of iGATE common stock in the regular way market (i.e., the normal trading market on the NASDAQ Global Market under the symbol IGTE) after the record date and on or prior to the distribution date will be selling their right to receive shares of Mastech common stock in connection with the spin-off.
Investors are encouraged to consult with their financial advisors regarding the specific implications of selling their shares of iGATE common stock on or before the distribution date.
iGATE currently has approximately 53.9 million shares of common stock issued and outstanding. Based on the distribution ratio, iGATE expects to distribute approximately 3.6 million shares of Mastech common stock in connection with the spin-off. The actual number of shares of Mastech common stock to be distributed will be determined based on the number of shares of iGATE common stock outstanding on the record date. Holders of iGATE common stock will not be required to pay any cash or other consideration for the Mastech shares they receive.
A copy of the Mastech Information Statement, as amended, may be obtained from the SEC web site at http://www.sec.gov/ or by calling iGATE's media contacts at the numbers listed below. Mastech will mail the Information Statement to holders of record of iGATE common stock.
About Mastech Holdings, Inc.
Mastech Holdings, Inc. is a leading provider of information technology staffing services and consulting services to Fortune 1000 companies. We combine deep technical expertise with comprehensive business process experience to deliver a broad range of services within Business Intelligence / Data Warehousing, Service Oriented Architecture ("SOA"), Web Services, Enterprise Resource Planning ("ERP") & Customer Resource Management and eBusiness Solutions segments. Headquartered in Pittsburgh, Pennsylvania, we have over 600 consultants providing services across a broad spectrum of industry verticals. More information about Mastech is available at www.mastech.com.
About iGATE Corporation
iGATE Corporation (Nasdaq: IGTE) is the first fully integrated technology and operations firm with a global service model. iGATE enables clients to optimize their business through a combination of process investment strategies, technology leverage and business process outsourcing and provisioning. Services include consulting, enterprise data management and data warehousing, business intelligence and analytics, design, development, systems integration, package evaluation, and implementation, re-engineering and maintenance. iGATE also offers IT Professional Services in the areas of packaged application implementation, custom development, web services and business intelligence. The company services more than 300 clients across the globe. Clients rely on iGATE because of the high quality of service, responsiveness, and cost-effective global reach. More information about iGATE is available at http://www.igate.com/investors.html.
Forward-Looking Statements
Some of the statements contained in this news release that are not historical facts are forward-looking statements. These forward-looking statements include the company's financial, growth and liquidity projections as well as statements concerning the company's plans, strategies, intentions and beliefs concerning business cash flows, costs and the markets in which it operates and the proposed divestiture of its Professional Services business. Without limiting the foregoing, the words "believes," "anticipates," "plans," "expects" and similar expressions are intended to identify certain forward-looking statements. These statements are based on information currently available to the company and it assumes no obligation to update the forward statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from the forward-looking statements. These risks include, but are not limited to, the company's ability to predict its financial performance, the level of market demand for its services, the highly-competitive market for the types of services offered by the company, the impact of competitive factors on profit margins, market conditions that could cause the company's customers to reduce their spending for its services, the company's ability to create, acquire and build new businesses and to grow existing businesses, attract and retain qualified personnel, reduce costs and conserve cash, currency fluctuations and market conditions in India and elsewhere around the world, political and military tensions in India and South Asia, changes in generally accepted accounting principles and/or their interpretation and other risks that are described in more detail in the company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2007.
Media Contacts
Alexis Wilson
E-mail: alexis.wilson@rfbinder.com
Phone: 212-994-7591
Salil Ravindran
E-mail: salil.ravindran@igate.com
Phone: 510-229-2060
Rathnam Subramanyam
E-mail: subramanyam.rathnam@igate.com
Phone: 510-402-7354
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Mastech Chairman & Co-Founder to Keynote MED Week 2008
August 2008
San Francisco, CA– August, 2008– The San Francisco National Enterprise Center (SFNEC), the western regional division of the Minority Business Development Agency (MBDA) of the U.S. Department of Commerce, announces that Sunil Wadhwani will keynote MED Week 2008: Friday, August 15, 2008, at the Westin St. Francis Hotel in San Francisco, from 7;00 to 9:00 PM.
Ms. Linda Marmolejo, Regional Director of the MBDA- SFNEC, states "It is most unusual and very inspiring to find a minority entrepreneur, who manages to keep his company's minority-owned status, as it goes public. As such, we are thrilled to have Sunil be the Keynote Speaker at the San Francisco MED Week 2008." The purpose of MED Week is to showcase MBEs as an invaluable community resource and a strategic center for economic development. The event will bring together Hispanic American, Asian American and African American businesses, among other MBE communities, media and the corporate community supporting these MBEs.
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Mastech Joins TechColumbus
July 24th , 2008
PITTSBURGH PA- July 24th , 2008 - Mastech has joined TechColumbus, Central Ohio's leading technology membership association, as part of the company's regional outreach focus efforts. Participation in TechColumbus will be of importance in expanding Mastech's presence in Central Ohio, helping to develop new relationships within the region's active technology community. Mastech's association with TechColumbus will also facilitate increased involvement with technology-driven economic development initiatives in the region. More information about TechColumbus is available at http://www.techcolumbus.org/.
About Mastech:
Leveraging the power of 20 years I .T. experience, Mastech provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive I.T. services including: I.T. Consulting; OneSource(tm) Co-Managed projects and supplemental I.T. resources. Mastech's niche focus includes Business Intelligence/Data Warehousing; Enterprise Resource Planning (ERP); Service Oriented Architecture (SOA); Web Development and I.T. Project Management. Mastech also provides Recruitment Process Outsourcing (RPO) services through its division RPOworldwide.
Mastech is a certified minority-owned business enterprise. For more information, visit www.mastech.com.
For additional information or a sample copy, contact:
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497
info@mastech.com
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The Pittsburgh Tribune-Review Names Mastech among Best Places to Work in Pittsburgh
June 25th , 2008
List commemorates Pittsburgh's 250th Anniversary by Naming Top 250 Places to Work
PITTSBURGH PA- June 25th , 2008 - Mastech, a leader in Information Technology consulting services, announced today that the company had been named to the Pittsburgh Tribune-Review Best Places to Work in Pittsburgh List, as one of the region's Best Minority Owned Businesses.
Commemorating the City of Pittsburgh's 250th Anniversary, the Pittsburgh Tribune-Review/TRIB Total Media/PittsburghLIVE published a ballot voting process throughout March and April 2008 for readers to cast votes for their favorite businesses for which to work, and Mastech was voted among the top companies.
Commenting on the news, Mastech's CEO remarked, "Since our company's inception twenty years ago, we have worked to build and maintain a great working environment for our employees. Our co-founders specifically chose Pittsburgh as our base of operations because the region's employees have so much to offer. We look forward to contributing to the growth of the region for many years to come."
"Mastech offers a workplace culture with ample professional advancement opportunities; cultural diversity; an environment of mentoring, and job flexibility," remarked Murali Balasubramanyam, Executive Vice President of Human Resources, "Mastech's high employee retention rate and significant percentage of veteran employees among our employee mix help distinguish our organization in the industry. Being named one of the Best Places to Work by our employees is a gratifying achievement."
Being named to the Best Places to Work list is the third significant honor for Mastech in as many months, having been named Reciprocal Supplier of the Year by the Connecticut Minority Supplier Development Council, Inc. (CMSDC) in May, and Mastech's Recruiting Process Outsourcing (RPO) division RPOworldwide receiving the title of RPO Relationship of the Year by the Human Resources Outsourcing Association (HROA) in April 2008.
More information about Mastech can be found at Mastech's website: www.mastech.com, and more information about the Pittsburgh Tribune Review's Best Places to Work list can be found here: http://www.pittsburghlive.com.
About Mastech:
Leveraging the power of 20 years I .T. experience, Mastech provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive I.T. services including: I.T. Consulting; OneSource(tm) Co-Managed projects and supplemental I.T. resources. Mastech's niche focus includes Business Intelligence/Data Warehousing; Enterprise Resource Planning (ERP); Service Oriented Architecture (SOA); Web Development and I.T. Project Management. Mastech also provides Recruitment Process Outsourcing (RPO) services through its division RPOworldwide.
Mastech is a certified minority-owned business enterprise. For more information, visit www.mastech.com.
For additional information or a sample copy, contact:
Christopher R. Evans
Director of Global Marketing
Mastech
888.330.5497
info@mastech.com
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2008 Reciprocal Supplier of the Year Awarded to Mastech by Connecticut Minority Supplier Diversity Council (CMSDC)
May 8, 2008
Nominated for exemplary service by long-standing client Cartus, selected by CMSDC Awards Committee
PITTSBURGH PA- Thursday May 8, 2008 - Mastech, a leading North American information technology human capital management firm, announced today that the company was named the 2008 MBE Reciprocal Supplier of the Year by the Connecticut Minority Supplier Diversity Council, Inc. (CMSDC).
Each year at the CMSDC Annual Awards Banquet, the CMSDC recognizes certified minority suppliers who have distinguished themselves and their business by consistently providing high quality products and services at competitive prices; offering innovative approaches; cost-saving ideas, and other accomplishments. Earlier in the year, Mastech was nominated by Cartus, a world leader in corporate relocation services, for whom Mastech has provided a wide array of information technology consulting services over the past ten years.
Commenting on Mastech's nomination, Tom Davis, Vice President External Supplier Diversity for Cartus remarked, "Cartus chose unanimously to nominate Mastech for MBE Reciprocal Supplier of the Year, recognizing consistently solid value as an I.T. services partner and unwavering commitment to Diversity employment. Cartus appreciates the value MBE partners such as Mastech bring to our I.T. initiatives. Mastech has been a steadfast provider of the highest quality I.T. resources for Cartus since 1998. This recognition is well-deserved, and our team could not be more pleased for the Mastech team."
Saravanan Thiruneelakantan, Director of H.R. & Diversity Relations for Mastech remarked, "We were gratified to learn of our nomination, and thrilled to be named MBE Reciprocal Supplier of the Year. Cartus appreciates the importance of a diverse workforce population and of MBE suppliers and we highly value them as a strategic client. Mastech looks forward to providing Cartus with the I.T. talent to meet their business goals, and continuing our relationship for many years to come."
Shown Above: Saravanan Thiruneelakantan, Director of Human Resources & Diversity Relations;
Jeanette Bruckner, Account Manager, Christopher R. Evans, Director of Global Marketing and Diversity Client Relations
In accepting the award on behalf of the company, Christopher R. Evans, Director of Global Marketing and Diversity Client Relations commented, "We would like to express our gratitude to Tom Davis, Nancy Anderson-Smith, and the entire Cartus team for this nomination, and the CMSDC for the honor of this award. Through the Diversity Supplier Recruitment Program, Cartus provides a shining example to businesses and organizations everywhere of true commitment to, and partnership with, Minority Owned Business Enterprises, and sets clear expectations of excellence for the partners who serve them. Mastech is exceptionally proud to be recognized for the value our I.T. services have brought to Cartus."
The CMSDC Awards Committee, comprised of representatives from corporate CMSDC member companies, selects and announces the winners across various categories of business accomplishment recognition. Accompanying the award were official citations of congratulations from the Connecticut Office of the Attorney General; Office of the Treasurer; Office of the State Comptroller, and letter of congratulations and commendation from Connecticut Governor M. Jodi Rell.
More information about the CMSDC Awards can be found on the CMSDC website at: www.cmsdc.org. More information about Mastech can be found at Mastech's website: www.mastech.com. More information about Cartus can be found at www.cartus.com.
About Mastech:
Founded in 1986 and headquartered in Pittsburgh, Pennsylvania, iGATE Mastech is a $100M subsidiary of iGATE Corporation (NASDAQ: IGTE) which provides comprehensive staffing services in the areas of Information Technology and Finance/Accounting. Mastech delivers upper echelon consultants who leverage deep project experience and keen understanding of the real-world, complex business challenges that drive today's projects. Mastech leverages a global recruitment model to deliver cost-effective consulting services for its clients, and has operations throughout the United States, Europe, and Asia. For more information, visit www.mastech.com.
About the Connecticut Minority Supplier Development Council, Inc.:
The CMSDC is a non-profit affiliate of the National Minority Supplier Development Council (NMSDC). Our membership consists of local and national Fortune 500 corporations, government agencies, universities, financial institutions, associations and organizations. Since 1976, CMSDC has provided services to these members and to our certified minority business enterprises (MBEs). The Council is governed by a board of directors and funded by corporate membership dues, certification fees, contributions, in-kind services and grants. The CMSDC serves the entire state of Connecticut.
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"2008 RPO Relationship of the Year" Awarded to RPOworldwide and TalentBridge International by Human Resources Outsourcing Association (HROA)
April 4, 2008
Strategic RPO Relationship Recognized for Ingenuity, Industriousness, and Dedication to HR Transformation amongst Elite Group of Industry Peers
PITTSBURGH PA & DEDHAM, MA - Tuesday April 29, 2008 - RPOworldwide, a leading provider of offshore Recruiting Process Outsourcing (RPO) services, and TalentBridge International, TAC Worldwide's Talent Acquisition and Recruitment Process division, have been recognized as having the "2008 RPO Relationship of the Year" by the Human Resources Outsourcing Association (HROA).
TalentBridge and RPOworldwide have a broad, strategic relationship which includes a blend of high-end onsite recruitment and the lower-cost, offshore-based recruitment model supported by RPOworldwide's Global Recruitment Center network. The partnership has measurably increased overall recruiting efficiency for the clients for which they serve.
Commenting on the award, HROA Executive Director Richard Crespin remarked, "This partnership represents a growing segment of RPO relationships. Blending the onshore assets of TalentBridge with the offshore capabilities of RPOworldwide created a global sourcing model for talent acquisition that serves end-customers extremely well. Using this model, customers get an improved level of service, better access to hard-to-find talent, and greater efficiency helping to keep their costs down. Beyond these results, this relationship exemplifies the virtues of a truly seamless, global model."
Tony Steadman, TalentBridge Co-Founder commented, "On behalf of the entire TalentBridge and TAC Worldwide team, we are honored by this prestigious award. TalentBridge combines the high-touch approach of executive search and the discipline of recruitment process outsourcing to help clients identify and hire core talent - their future leaders and innovators. RPOworldwide further expands our recruitment bandwidth, enabling us to globally source stand-out candidates for our most challenging recruiting engagements."
Commenting on the Award, RPOworldwide's CEO remarked, "We would like to express our appreciation to the members of the HROA for this award, and convey our respect for the contributions made by all of our fellow nominees. We continue to see the importance of global recruitment operations in expanding recruitment capabilities, lowering cost and improving time-to-fill requirements. By combining our global resource model with TalentBridge's technical talent recruitment capabilities, and jointly-establishing best practices, we have seen a consistent, positive and significant impact on overall recruitment efficiency. "
The HROA is a premier membership association focused on advancements in human resources transformation, and at the HROA Awards Gala, recognized individuals, organizations and relationships which demonstrate the ingenuity, industriousness, and the incredible dedication it takes to succeed in HR Transformation. The fourth annual Awards Gala was held at the New York Hilton on Tuesday, April 16th 2008.
More information about the HROA Awards Gala can be found at the HROA website: http://www.hroassociation.org. Additional information about RPOworldwide can be found at: www.rpoww.com, and more information about TalentBridge can be found at: www.talentbridge.net.
About TalentBridge International
TalentBridge International, a division of TAC Worldwide, provides Core Talent Recruitment and Advisory Services to publicly traded and privately held companies, both domestically and globally. The mission of TalentBridge International is to help companies attract "Core Technical Talent" (key contributors and middle management) with a suite of services that span the entire recruitment process continuum. Our unique hybrid retained search model is particularly effective when securing difficult to find technical talent. We combine great attention to research and candidate assessment with the metrics and operational rigor of traditional RPO and managed staffing organizations. TalentBridge was founded in 2006. TalentBridge International can be reached at www.talentbridge.net or by calling 800.841.0267.
Christopher R. Evans
Director of Global Marketing RPOworldwide
877.354.8226
info@rpoww.com
Clyde Hakim
Senior Director, Marketing TAC Worldwide
781-251-8296
chakim@tacworldwide.com
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Mastech Nominated for Supplier of the Year
April 4, 2008
PITTSBURGH, PENNSYLVANIA - April 4, 2008 - Mastech has been nominated for the prestigious 2008 CMSDC Supplier of the Year Award by long-time client, Cartus. Each year, at its annual Award Dinner, The Connecticut Minority Supplier Development Council, Inc. (CMSDC), recognizes those certified minority suppliers who have distinguished themselves and their business by: Successfully demonstrating growth in sales and employment while overcoming significant obstacles; consistently providing high quality products and services at competitive prices, offering innovative approaches, cost-saving ideas; MBE to MBE Purchases; and significantly contributing to the growth and development of society in their community .
The winner will be announced at the CMSDC Annual Awards Banquet May 1st, 2008 at the Aqua Turf Country Club, Plantsville CT.
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Mastech to Present on Importance of Diversity to Pittsburgh Region
February 28, 2008
PITTSBURGH, PENNSYLVANIA - February 28, 2008- Mastech has been invited to speak on the importance of of Diversity to the Pittsburgh region by the Pittsburgh Regional Minority Purchasing Council (PRMPC) at the Supplier Diversity Summit on Friday, February 28th. As one of the nation's largest minority-owned I.T. staffing providers, Mastech has an advanced program around Supplier Diversity, and solid perspective on what steps Pittsburgh should take to increase the City's attractiveness to minority candidates. More information about Mastech's Supplier Diversity program can be found here.
More information about the PRMPC can be found here: http://www.prmpc.org/.
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