Kenexa Continues Global Expansion With Opening of Buenos Aires Office

WAYNE, PA--(Marketwire - 11/10/09) - Kenexa (NASDAQ:KNXA - News), a global provider of business solutions for human resources, today announced the opening of its newest international office in Buenos Aires, Argentina. With offices in 19 countries, the Buenos Aires office marks Kenexa's first physical presence in Latin America. Phil Stewart, global practice leader for recruitment process outsourcing, commented, "We have recently experienced solid business growth thanks in part to the demand for our world-class recruitment process outsourcing offering. By opening a RPO Center of Excellence in a region with a highly educated talent pool, we are enhancing our ability to support our clients in multiple languages. Not only does the Argentina location expand our global footprint, but it also provides a local presence for the many large organizations headquartered in Latin America."Today, the center services more than 20 clients with plans to add an additional 20 clients in 2010. Combined with Kenexa's knowledge in the human behavior sciences, this location provides an unmatched ability to source more qualified candidates in and from this part of the world. The Argentina office already manages multi-lingual transactions in Argentina, Chile, Uruguay, Peru, Brazil, Mexico and the United States.Kenexa's RPO offering combines science, technolo...
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KENEXA CORP Files SEC form 10-Q, Quarterly Report

Item 2: Management's Discussion and Analysis of Financial Condition and Results of Operations This Quarterly Report on Form 10-Q, including the following Management's Discussion and Analysis of Financial Condition and Results of Operations, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained herein that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These statements may contain, among other things, guidance as to future revenue and earnings, operations, prospects of the business generally, intellectual property and the development of products. These statements are based on our current beliefs or expectations and are inherently subject to various risks and uncertainties, including those set forth under the caption "Risk Factors" in our most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission, as amended and supplemented under the caption "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors, our ability to implement business and acquisition strategies or to complete or integrate acquisitions. We do not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise. Referen...
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Kenexa opens Buenos Aires office

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Kenexa Recognized as a Talent Management Systems Leader in Bersin & Associates Research

WAYNE, PA--(Marketwire - 11/11/09) - Kenexa (NASDAQ:KNXA - News), a global provider of business solutions for human resources, today announced it has been recognized as a market leader in the recently released Talent Management Systems 2010: Market Realities, Implementation Experiences, and Solution Provider Profiles. The study, conducted by Bersin & Associates, the only research and advisory firm focused solely on enterprise learning, talent management and talent acquisition, is a comprehensive market review and buyers' guide for talent management software systems. The report found that, despite the recession, the talent management systems market has thrived over the last year and vendors have seen significant growth. Based on market data and information provided by vendors, Bersin & Associates project that the market will expand by 15 percent over the coming year. The report also found that the market is crowded with many providers with si...
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Kenexa Names Sarah Teten to New Role as Chief Customer Officer

WAYNE, PA--(Marketwire - 11/12/09) - Kenexa (NASDAQ:KNXA - News), a global provider of business solutions for human resources, today announced that Sarah Teten has assumed the newly created role of Chief Customer Officer. In this capacity, she will be responsible for ensuring that Kenexa's new brand is communicated, delivered and fulfilled at each phase of the customer lifecycle, and she will drive the delivery of Kenexa's Extreme Service Hierarchy globally. Kenexa is the only company in the HR marketplace that has the tools, services and technology to multiply business success. Kenexa's formula for business success, i X e = s, requires two elements -- the individual and the environment. Kenexa believes that when you multiply the right individual by the right environment, success is inevitable. The multiplication sign in the formula for success is the secret to unlocking human potential. It is the factor that separates Kenexa from every other company in the marketplace. While other companies have solutions that affect the "i" or the "e," only Kenexa can multiply them to maximize business outcomes. One of the ways the company delivers on the "X" is through Extreme Service."Extreme Service is a critical factor in Kenexa's formula for success. It requires commitment to accuracy, timeliness, responsiveness, proactivity and, foremost, mutual l...
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Kenexa Appoints Eric Lochner as Chief Marketing Officer

WAYNE, PA--(Marketwire - 11/12/09) - Kenexa (NASDAQ:KNXA - News), a global provider of business solutions for human resources, today announced that Eric Lochner has been appointed chief marketing officer. In this capacity, Lochner will be responsible for leading Kenexa's global marketing initiatives. For the past two years, Lochner has been based in Europe as managing director, EMEA, where he has helped Kenexa expand its footprint in Europe and the Middle East. Prior to that, he worked in the U.S. on several of Kenexa's acquisitions. Prior to joining Kenexa, Lochner served as executive vice president at Golin Harris International. Earlier in his career, he led marketing for Careerbuilder.com and held various marketing positions at Headhunter.net, Kuczmarski & Associates, and InterCall. Lochner earned his Master of Business Administration degree from Northwestern's Kellogg Graduate School of Management and his Bachelor of Arts degree from John Carroll University."Eric has been an invaluable asset to Kenexa, especially most recently when he helped drive expansion of our presence in Europe, Asia and the Middle East," commented Rudy Karsan, Kenexa's chairman and CEO. "There's no doubt that Eric's continued contributions to Kenexa will be significant as he embarks on new global marketing initiatives.""It's exhilarating to market a compa...
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Kenexa names Teten chief customer officer

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KENEXA CORP Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue40,314  39,465  38,831  45,058  Cost of Revenue13,129  13,637  13,696  14,854  Gross Profit27,185  25,828  25,135  30,204  Operating ExpensesResearch Development2,453  2,536  2,568  2,950  Selling General and Administrative19,265  18,158  19,578  21,002  Non Recurring -   -  33,329  168,990  Others3,582  3,274  3,228  3,322  Total Operating Expenses -   -  58,703  196,264  Operating Income or Loss1,885  1,860  (33,568)(166,060)Income from Continuing OperationsTotal Other Income/Expenses Net102  184  (232)179  Earnings Before Interest And Taxes1,801  2,044  (33,800)(165,881)Interest Expense(158)158   -   -  Income Before Tax1,959  1,886  (33,800)(165,881)Income Tax Expense361  575  482  (45,026)Minority Interest -   -   -   -  Net Income From Continuing Ops1,598  1,311  (34,282)(120,855)Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes -   -   -   -  Other Items...
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Businesses Mount Efforts to Retain Valued Employees

By SARAH E. NEEDLEMAN Many employers and employees don't see eye to eye on what keeps workers happy, a disparity that could spell trouble for businesses as the economy recovers. Employers consider management climate and workers' relationships with their bosses as most important, but employees cite pay and benefits, according to a survey last winter by Spherion Corp., a Fort Lauderdale, Fla., staffing firm. Respondents included 306 human-resources managers and 2,519 employees at firms of all sizes. Surveys conducted in 2007 and 2005 generated the same top results. Tucker Callaway, a sales director at CA Inc., says compensation was a big factor in his decision to join the software maker in April. He also cites poor morale and a lack of leadership at his former employer, another technology company. Mr. Callaway, 34, says CA gave him a 20% raise. "I have a mortgage and two kids, so pay is extremely important," he says. Workplace experts say many workers have grown frustrated during the recession and might consider leaving as the labor market improves. Employees are less committed to their employers, according to an annual survey by consulting firm Watson Wyatt Worldwide Inc. and WorldatWork, an association of human-resource professionals. Results were based on responses by 1,300 workers at 235 large U.S. firms in May. Commitment dropped most among top performers, according to the survey. "There's going to be a lot of churn in the rising labor market," says Fred Crandall, a senior consultant for Watson Wyatt. That co...
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