Workstream Announces New CTO And EVP Of Products And Hosting; Completes SAS 70 Type II Audit
MAITLAND, Fla., Nov. 5, 2010 (GLOBE NEWSWIRE) -- Workstream (OTCBB:WSTM), a leading provider of compensation, performance and talent management software solutions, announces both the promotion of Tushar Ghoshal to Chief Technology Officer and Executive Vice President of Products and Hosting and the completion of another successful SAS 70 Type II audit.
"The new management team and I are extremely impressed by the vision and leadership Tushar has displayed at Workstream," said John Long, CEO of Workstream. "Tushar has been instrumental in bringing value to our clients through world class product innovation and data security. This promotion along with the successful completion of our SAS 70 Type II audit represent just the first of many steps the new leadership team is undertaking to scale our business through exceptional innovation, client service, and world class data security."
Ghoshal will be responsible for coordinating the overall product vision and IT strategy for Workstream, and stated, "An effective IT strategy must directly generate client value. The successful completion of our SAS 70 Type II by the globally recognized SAS 70 Solutions CPA Group provides comfort and assurance to our hosted clients that their sensitive data is secure and protected through superior controls and safeguards. Meanwhile, our industry's most innovative and flexible delivery model, including the usage of virtualization, single and multi-tenancy options, and our brand new on-premise appliance option, means that we are more prepared to support the divergent needs of a large and varied client base."About Workstream: Workstream provides compensation planning, performance management, and talent management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Development, and Total Rewards with a strong focus on performance based compensation. Beyond mere process automation, Workstream's TalentCenter enables strategy execution by providing superior decision support guidance to users to help them align decisions with organizational strategy and vision. Our solutions are offered on a monthly subscription basis, under a Software as a Service (SaaS) model that help companies cost-effectively maximize workforce productivity, engagement, and satisfaction by applying business discipline to key people processes. With offices across North America, Workstream services customers including Chevron, The Gap, Kaiser Permanente, Marshfield Clinic, and United Airlines. The Workstream, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6175
CONTACT: Workstream Amanda Andersen 407-475-5500 x786 Amanda.Andersen@Workstreaminc.com 485 N Keller Road Maitland, Florida
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV