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WRITER: KARYN CARNINE
CONTACT: GEORGE MCCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
e-mail: george-mccrory@uiowa.edu

Release: Nov. 17, 2000

Global Search Network joins UI Technology Innovation Center

CORALVILLE, Iowa -- Global Search Network (GSN) is the latest corporate affiliate of the University of Iowa Technology Innovation Center (TIC) in Coralville.

Meeting in Iowa City, the Board of Regents, State of Iowa has approved a lease that will enable GSN to become a tenant in the TIC, the UI’s business incubator on the Oakdale Research Campus. The lease will go into effect on Dec. 1.

Global Search Network (GSN), a web based career management application, is a personalized placement service for individuals.

GSN's application, CareerManage.com, will be the first web application to review the entire universe of open jobs and then automate the entire search, match and résumé submit process.

"We are unique because our focus is on the individual, rather than a hiring company. With our Career Advancement Engine and our custom intelligent search technologies, we convert the
ad hoc aspects of career movement to a planned process of career management," said Michael Termini of Iowa City, GSN’s founder and CEO.

Termini is an experienced businessman and business lawyer and previously has held senior positions in a wide range of industries ranging from e-commerce and medical products to law and financial services in both start-ups and mature organizations. As an early Internet pioneer, Termini participated in the launch of Prodigy on the web and The Microsoft Network.

Termini received two B.A. degrees, cum laude, from California State University, Fullerton in 1977 and his J.D. from Southwestern University School of Law, Los Angeles, in 1980.

GSN's new chief operating officer is Robert A. Squires of Coralville. Squires is the former executive vice president at LMS CADSI, a software development firm, and the former president and COO of Neural Applications, an innovator in the use of imbedded artificial intelligence in software development. Squires received his B.A. from San Diego State in 1973.

Squires said that as the company’s application is rolled out over the next few months, the company expects to change the face of individual career management.

"In the career management arena, individuals have little time to be proactive with their career. People need the tools to simplify the process and make the results more meaningful," said Squires.

Using artificial intelligence, coupled with customer ranked variables, the company performs nightly searches of job boards, recruiter sites, newspapers, trade publications and company sites and delivers via email high quality custom matches to its customers and résumés to employers. Users pay a base membership fee or a transaction fee based on the match.

GSN was established in 1999 and relocated from California to Iowa in September 1999.

One of the university’s technology transfer programs, the TIC was established in 1984 to nurture new technology-based business ventures and to encourage those companies to establish relationships with the UI.

Global Search Network is the 15th TIC tenant, while 16 TIC "graduate" firms have succeeded in meeting their business goals after leaving the incubator.

For additional information about the TIC, contact Tom Bauer, associate director, at (319) 335-4067.