Press Releases

Authoria Invited to Present at 8th Annual Needham & Company Growth Conference

Loofbourrow to Speak on the Rapidly Growing Talent Management Sector

Waltham, MA – January 10, 2006 – 

Authoria, Inc., the leading provider of strategic talent management solutions, today announced that Tod Loofbourrow, company president and CEO, has been invited to present at the 8th Annual Needham & Company, LLC Growth Conference. This conference is the premier growth stock conference of the year and is being held at the Palace Hotel in New York City from January 10-13. Loofbourrow will present at 10:00 a.m. EST on January 10 in the Chairman's Office.

Privately held and profitable, Authoria offers strategic talent management solutions that empower front-line managers to perform HR tasks and give HR professionals the information and tools they need to practice strategic HR. Its

flagship solution, Authoria Advisor 2006, offers performance, compensation, hiring, and manager and employee communications solutions delivered on-demand. Authoria has an annual run-rate of more than $50 million and, in the third quarter of 2005 (the most recent period for which financials are available), the company's revenue grew by 84 percent over the same period in 2004.

With more than 300 enterprise customers, 250 employees, and offices in Massachusetts, Texas, California and India, Authoria is the leader in the rapidly growing talent management sector.

"2006 promises to be another banner year for the $3.5 billion talent management sector, with analysts forecasting annual growth of up to 20 percent for the sector," Loofbourrow said. "It is an honor to present Authoria and our compelling on-demand talent management value proposition at the Needham Growth Conference."

About Authoria
Authoria is the leading provider of integrated talent management 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 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, Pfizer, Reuters and Unocal.