TalentFuse Expands Globally Through Acquisition; Announces New IT Development and On Shoring Capabilities
Acquisition by SQL Star Expands Service Offerings While Directly Addressing the Talent Drought Currently Affecting the IT Industry
San Diego, CA - (June 28, 2007) TalentFuse, San Diego's fastest growing IT recruiting and staffing company, today announced that SQL Star, a globally
recognized IT services and technology institution serving both private and government sectors, has acquired the company. The new company will be one
of the largest IT staffing and project development firms in the country. The acquisition directly addresses industry concern over shortages in
qualified IT workers by providing an inexhaustible supply of on shore talent leveraging SQL Star's world-wide learning institutions that aim to
certify over 100,000 IT professionals over the next 24 month period.
TalentFuse, currently headquartered in Clairemont, will acquire a new 4,000 sq. foot development center in San Diego, as well as additional IT
staffing and development centers that will serve over 300 clients nationwide and several major regions in the U.S. including New Jersey and Portland,
Oregon. In addition to staffing services, these centers give existing and future customers an on shore option of outsourcing large IT projects to
TalentFuse, who will incubate talent through SQL Star's learning programs, importing qualified professionals to the U.S as needed.
"SQL Star's services and IT resources will compliment our staffing services greatly," said Brian Margarita, president of TalentFuse. "The acquisition
gives Talent Fuse a tremendous competitive advantage by providing clients the options of having a steady flow of top IT personnel for projects, or
developing and managing entire projects in-house."
SQL Star is a well known IT services and development company with 13 offices in India and wholly owned subsidiaries in Australia, Singapore and the
United States. The company's STARVANTAGE learning institution is recognized as a leader in IT certification, is partnered with organizations such as
Red Hat, Sun and Oracle among others. To date, STARVANTAGE has certified over 120,000 Oracle professionals making them one of the largest Oracle
training affiliates in the world.
TalentFuse with customers including: Qualcomm, Intuit, Gateway and Invitrogen among others, assists companies in all industries with choosing the
right candidates for IT positions ranging from network administrator up to Chief Technology Officer. Unlike traditional staffing firms whose
placements maintain a contractor level status with minimal benefits, all TalentFuse placements are given the option of W2 employment with full
benefits including: health, dental, vision, 401K match, chiropractic, life insurance and flexible spending programs. What's more, with the addition of
IT development centers, TalentFuse placements now enjoy a continuous and diverse flow of project work opportunities helping to strengthen existing
skills or developing their portfolio through new experiences.
"We are excited at the opportunity to merge with TalentFuse," stated Raj Ganti, CEO of SQL Star. "This deal is significant because it has given us the
ability to create our own channel within the IT industry for importing H1-B employees, a critical requirement for most large customers who elect to
outsource. TalentFuse has truly become a panacea for all IT staffing and project development needs."
SQL Star will retain the TalentFuse name leveraging its well established brand while bolstering the company roster to over 100 employees and tripling
revenues.
About SQL Star
SQL Star is a global IT solutions & services enterprise serving both the private and government sector. With 13 offices and locations
in India and wholly owned subsidiaries in Australia, Singapore and United States of America and over 1,100 professionals deployed, SQL Star is
strategically poised to deliver complete solutions to its customers cost-effectively and consistently. SQL Star has state-of-the-art development
centers in Hyderabad and New Delhi in India and in San Diego, California. SQL Star delivers services through its two divisions - Knowledge Services
and Enterprise Services. For more information, visit www.sqlstar.com.
About TalentFuse
Headquartered in San Diego, TalentFuse is a privately held, full service staffing and IT development company. TalentFuse matches
elite technology professionals with top positions in their field. At the heart of the company's foundation is a personalized, hands-on approach, not
only in the early stages, but throughout the entire relationship with both consultant and client. For more information, visit www.talentfuse.com.