Authoria Demonstrates Commitment to Austin, TX Presence with New Five-Year Lease

Authoria, Inc., the leader in integrated strategic Human Capital Management (HCM) solutions, today announced a long-term commitment to Austin, TX by signing a sixty month lease with Texas-based Desta Two Partnership, Ltd.

“Authoria is another example of a rapidly growing company that recognizes what Austin has to offer,” said Susan Davenport, Senior Director of Business Retention and Expansion, Greater Austin Chamber of Commerce. “We stand ready to assist Authoria to ensure its continued success in this region.”

Authoria first established its Austin office with the acquisition of Austin-based Hire.com in June, 2005. In January, Authoria will move into its newly renovated 17,100 square foot offices located at Terrace II, 2700 Via Fortuna. This agreement was brokered for Authoria by the Austin office of CRESA Partners.

“Austin provides Authoria with a large pool of highly-skilled talent and a strategic geographic location critical to our continued growth,” said Tod Loofbourrow, president and CEO of Authoria. “With a Northeast headquarters and a West coast office, growing our presence in Texas enables Authoria to be closer to more customers and potential customers. The Austin office and its employees are a key part of Authoria’s long-term strategy to further invest in and develop our recruiting solution and ultimately our strategic human capital solution.”

About Authoria
Authoria is the leading provider of integrated strategic human capital management (HCM) solutions helping employers increase the productivity of their workforce in driving their business strategy forward. In October 2005, Authoria beat three leading competitors at the HR Technology Conference Performance & Compensation Shootout. In addition, Authoria’s products have been awarded Top Product of the Year by Human Resource Executive Magazine six times, more than any vendor in the history of HR technology.  Authoria Advisor 2006 includes recruiting management, performance, management, compensation management, succession planning, and benefit and policy communication while providing just-in-time knowledge and coaching for managers and employees. Authoria’s award-winning solutions have proven successful for more than 300 large employers, representing more than 10 million employees. Customer companies include Boeing, Prudential, Pfizer, Reuters and Unocal.