SearchPath Posts 21 Percent Revenue Gain
September 7, 2010 – SearchPath International, Inc., the subsidiary company of human capital solutions provider SearchPath HCS, Inc., recorded a 21 percent increase in revenue generated by search and recruiting services for the first eight months of 2010. “The last couple of years have been very difficult for the industry, which is usually one of the first impacted by a downturn in the economy,” said Thomas K. Johnston, SearchPath CEO. “This increase indicates that the recruiting industry overall is beginning to rebound. Management foresees these results as a foreshadowing of significant performance improvements throughout SPI to be announced in our upcoming annual report.” The company-owned office, established in 2005, is the original talent search and recruitment operation of SearchPath International and is located in Cleveland, Ohio.