MTA Announces

October 30, 2009

MERRITT TECHNICAL ASSOCIATES, INC. (MTA) announces that the economy and business are starting to improve.

Merritt Technical Associates’ Inc. is starting to see some improvement in the market. Both MTA and it’s clients have weathered the storm and now are starting to see prospects for growth! Calls from clients no longer dwell on discussions of whether headcount will need to be trimmed but rather on new projects and requirements. Likewise requirements and interviews are starting to become routine again, and even some hires! MTA started to see an increase in requirements in the early summer. It was not, however, until August that we started to get requests for interviews, and now, clients are starting to hire.

This week, MTA received positive news from one of our major clients that MTA had been further elevated in business status to a  "Premier Vendor Tier" based upon our ability to work well under pressure and on a short timeline.  MTA was selected as one of several vendors who were able to provide volume, quality, and quick turnaround time on communication, as well as the ability to negotiate with candidates well.  The client stated, "I will be working on several “emergency” needs as well as other volume recruiting and have a lot of expectations from this group".

MTA’s experience corresponds to what is reported in the news. The financial markets have been improving for the past few months. No longer is the Dow at the lows of 6000, which they were at in March of this year. Today they are approaching 10000 again. Unemployment numbers, though high, are not growing at the rate they were.  Home and retail sales are starting to rebound. No doubt none of these is performing at levels they were at in 2007 but considering where we were a year ago or six months ago, things are starting to improve.

With the market starting to turn the corner, MTA today is gearing up for and will be ready to respond to clients’ consultant needs. Considering the series of layoffs that took place in the last year, MTA is anticipating new needs from all of its clients. Bob Schaffer, Senior Technical Recruiter at MTA, summed it up saying, "We (MTA) have a good number of opportunities and interviews today, and this is just the beginning!"

MTA client base is the reason MTA has the amount of opportunities it has today. The clients MTA has worked with over the past ten or twelve years are thriving and hiring in today’s market.  MTA’s clients, though in the financial service sector, survived the last year, and today are leading this sector and exceeding market expectations. It is these firms, which MTA has supported throughout its twelve year history, and that are providing MTA with requirements and the potential to make the end of this year and into 2010 very busy and productive!

No doubt there will be challenges. These same clients are looking for the best and they know there is a large competitive pool of talent available.  They know that the unemployment rate is 9.8.  Likewise, they know there are a large number of IT consultants today who desire more challenging and better compensated projects.  These consultants, like MTA's clients, are now willing to take the risk and enter the market again.   MTA is seeing an increased  number of opportunities for consultants, however, the pool of candidates is large and competitive!

In July, Kent Draper, a senior IT Recruiter joined the team. Kent comes with a solid background in recruiting with ten plus years with both agency and corporate experience, placing consultants and full-time IT Professionals. He understands the technology, the consulting business, and MTA’s clients. Kent's comments so far is that, "It is nice to have, in this market, the number of opportunities and activity that MTA has! MTA's relationships with clients is based on quality and professionalism and it shows with the feedback we get from them. This has placed MTA in a positive strategic place in the market."

MTA has also entirely redone our website. Now with a black background and white text it has a new look and feel. Its rich content, which has always been there, has only been improved, and is now that much more accessible. The site loads instantly, and is much more interactive and dynamic. No longer do you need to scroll through various text and pages to find something. Information is available right from the homepage. A simple mouse over will link you to what you are looking for. Whether it is MTA’s Current Opportunities, MTA’s Interviewing Tips, the MTA Forum, or an email address for one of MTA’s Recruiters; they can all be found right there.

The core components of the site are still there - front and center. At the center of MTA’s focus are its clients and consultants. This can be seen with its key icons or site anchors - MTA’s help wanted sign – a complete listing of MTA’s and its clients’ current requirements and opportunities, MTA’s Uncle Sam poster-asking consultants to provide and update their contact details and resumes. money raining from our referral plan and our News Boy distributing MTA's latest news! These were present previously on the site, but now have been updated and enhanced with the use of Adobe Flash technology.

MTA is also reviewing and updating its vendor lists, which has grown through the years. Many of the vendors we worked with a few years ago are gone. This is due in part simply to people moving on and partly to the market over the past year. Regardless, today MTA is reaching out to its vendors and those who want to be MTA vendors, and from that group selecting the best to partner and grow with. Likewise, a similar initiative is being planned to reach out to consultants. We have over the last ten years acquired a very large database of consultants whom we have corresponded and worked with. Again, MTA believes now is the time to reach out to those who have expressed interest in working with MTA and confirm that interest is still there and build upon it.  With anticipated needs and client opportunities beginning to occur, it is important to reach out to all consultants, and keep them current on MTA; to confirm and update their details and resumes.

For more information on this news release and other information on the company please contact the corporate offices of MTA at 1(877) 867-2995.