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  HUMCAP HAS 100% GROWTH IN 2006

Tight Labor Market and Robust Economy Contribute to HR and Recruiting Outsourcing

DALLAS, TX - January 4, 2007 —The continued growth of DFW’s economy along with the shortage of available labor among skilled workers, has many companies turning to HR and recruiting outsourcing. HumCap, a Dallas-based provider of HR and recruiting services experienced 100% percent growth in 2006 and expects the demand for their services to be even greater in 2007.

“Many of our clients are growing fast and need workers right away,” says Tad McIntosh, founder and CEO of HumCap. “They choose to outsource the function because in order for them to continue to be successful, our clients have to stay focused on their core business and not on HR and recruiting.”

Economic forecasts and recent data published out of Austin show Dallas as the leader among all Texas cities in new job creation. The figures also show that Dallas/Fort Worth has one of the lowest unemployment rates in the nation. The robust economy and the growing trend to outsource non-core business functions such as accounting, payroll and HR among small and medium-sized companies, has been instrumental in HumCap’s rapid growth.

HumCap has managed HR and recruiting for several hundred companies. Most of these companies have less than 100 employees. Among larger companies with up to 500 employees, HumCap is managing a specific function within HR.

Recently, HumCap was engaged to provide HR and recruiting services for a new venture-backed start-up, IPoint Labs, a Plano-based network-management firm. IPoint, is run by president and CEO Ken Lewis, a former Alcatel executive who most recently ran Chiaro Networks, a Richardson maker of networking equipment.

“In business, the right people at the right time is mission critical,” says Ken Lewis. “We don’t have time to become experts in HR and recruiting, and I knew that outsourcing was a better option than building internal HR department.”

About HumCap

HumCap is a leading provider of HR and recruiting services. Recognized as one of the top recruiting firms by the Dallas Business Journal in 2005 and in 2006, as well as a Best Places to Work Company, HumCap continues to help companies win the war for talent. Since 2001, HumCap has been working with clients large and small. Clients include venture-back start-ups, small growing companies, mid-sized businesses and Fortune 500 corporations. For more information about HumCap, go to www.humcapinc.com or call 214-520-0760.


 
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