Regis Corporation Selects SilkRoad's Life Suite™ of Human Capital Management Solutions

WINSTON-SALEM, N.C., July 22 /PRNewswire/ -- SilkRoad technology, inc., the leading provider of Human Resource management solutions announced today that Regis Corporation (NYSE: RGS), the worldwide leader in the $150 - $170 billion hair salon industry, has selected SilkRoad's Life Suite™ to manage their workforce needs.

SilkRoad's HeartBeat Human Resource Management System will be used to assist in managing over 56,000 employees across the Regis brands.  In addition, Regis will utilize SilkRoad's market-leading and award-winning OpenHire and RedCarpet recruitment and retention solutions along with WingSpan and GreenLight to maximize employee productivity and employee development.

"At Regis, our employees are our most important and strongest assets. By partnering with SilkRoad, we will be able to offer employees and managers greater, easier access to employee information on a real-time basis. We expect our communication processes will be significantly improved, which will help us successfully execute our business strategies," said Jason Sundby, vice president of corporate administration, Regis Corporation.

"We are extremely pleased to begin working with Regis Corporation," said Andrew Filipowski, CEO, SilkRoad technology. "SilkRoad's Life Suite is an ideal solution for companies that want to further engage their employees to better achieve company-wide growth and goals."

About Regis Corporation

Regis Corporation (NYSE: RGS) is the beauty industry's global leader in beauty salons, hair restoration centers and cosmetology education. As of March 31, 2010, the Company owned, franchised or held ownership interests in over 12,700 worldwide locations. Regis' corporate and franchised locations operate under concepts such as Supercuts, Sassoon Salon, Regis Salons, MasterCuts, SmartStyle, Cost Cutters, Cool Cuts 4 Kids and Hair Club for Men and Women. In addition, Regis maintains an ownership interest in Provalliance, which operates salons primarily in Europe, under the brands of Jean Louis David, Franck Provost and Saint Algue. Regis also maintains ownership interests in Empire Education Group in the U.S. and the MY Style concepts in Japan. System-wide, these and other concepts are located in the U.S. and in over 30 other countries in North America, South America, Europe, Africa and Asia.

About SilkRoad technology, inc.

SilkRoad technology, inc. provides software as a service (SaaS) solutions that significantly improve the talent within its more than 1500 customers across the globe.  Through SilkRoad's Life Suite™, an integrated talent management solution, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite solution set includes: OpenHire™, for recruiting management; RedCarpet™ for employee onboarding and life events; WingSpan™ for flexible employee performance management; GreenLight™ for learning management; Eprise™ for employee intranets and content management; and HeartBeat™ for core HR.

SilkRoad technology is headquartered in Winston-Salem, NC with offices in Bedford, MA; Chicago, IL; Red Bank, NJ; Jacksonville, FL; San Francisco, CA; Edmonton, Canada; Singapore; Sydney, Australia; Auckland New Zealand; and Hamburg, Germany. More information is available on the Web at www.silkroad.com or by phone: U.S. toll free at 866-329-3363 or internationally at +1-336-201-5100. Follow SilkRoad technology on Twitter at www.twitter.com/SilkRoadTweets.

SOURCE SilkRoad technology, inc.