FOR IMMEDIATE RELEASE
Call Compliance, Inc. Signs Letter of Intent for Exclusive Licensing
Agreement with Execuserve Corp. to distribute Hire-Intelligence™
Employee
Evaluation software Worldwide, Targeting Contact Call Centers.
Glen Cove, N.Y. – July 27, 2009 (BUSINESS WIRE) - Call Compliance, Inc., a wholly owned subsidiary of Compliance Systems Corporation, (OTC:BB:COPI), creator and developer of the patented TeleBlock System in support of the national “Do-Not-Call” program that has transformed America’s dinner hour, announced today that it has signed a Letter of Intent to enter into an exclusive licensing agreement to distribute the Execuserve Corp. Hire-Intelligence™ software program. The program conducts dynamic assessments of prospective job seekers with embedded features, including artificial intelligence, calculates and assesses customizable job skills and behavioral characteristics required of prospective job seekers, in addition to applicant tracking features and customized interview guides. The assessments are then used to create job-specific profiles which serve as benchmarks for future hiring. Together, the companies intend to create a contact center specific agent evaluation tool. The licensing agreement will require Call Compliance to generate minimum annual revenues of $1,000,000 from the sale of Hire-Intelligence™.
“Hire-Intelligence™ is a perfect fit with our core business of providing compliance software and other services to contact centers worldwide. We have spent significant dollars branding our products in the contact center space, and this product will allow us to take immediate advantage of those relationships. Call centers will be able to quickly screen agent applicants based upon specific skill sets and behaviors, against proven benchmarks thereby gaining a greater return on investment for each type of program” states Dean Garfinkel, CEO of Compliance Systems Corporation. Jim Robinson, CEO of Execuserve, adds, “We could not have selected a better partner for this project than Compliance Systems. Their reputation in the contact center space is unparalleled, and their breadth of telemarketing experience cannot be matched.”
The company cautioned, however, that no assurance can be given that the company will enter into a definitive distribution agreement with Execuserve Corp. or, if such an agreement is entered into, that the company will generate any revenue or profit to the company.
Call Compliance’s patented TeleBlock Call Blocking System helps teleservice professionals ensure compliance in the highly regulated Do-Not-Call environment by automatically screening and blocking outbound calls against USA and Canadian Do-Not-Call lists. TeleBlock is sold by telephone carriers such as AT&T, Verizon Business and Qwest Communications. Call Compliance is celebrating TeleBlock’s 10th year anniversary with a perfect record; over six billion error free calls since its commercial introduction. No TeleBlock Subscriber has been fined.
About Compliance Systems Corporation
Headquartered in Glen Cove, NY, Compliance Systems Corporation (www.callcompliance.com), is a developer of technology-based compliance solutions for the teleservices industry. Its prime focus is ensuring 100% compliance with government “Do-Not-Call” laws through its flagship patented product, TeleBlock®, as well as its associated suite of telecommunication products. The company sells to corporate companies and businesses across a wide-range of industries and sectors. Additional information on the company and/or its suite of products can be obtained at www.callcompliance.com or by calling (888) 674-6774. Call Compliance Inc. is a wholly owned subsidiary of Compliance Systems Corporation (OTCBB: COPI).
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