Interfolio Delivers 4 Millionth Document and Gains Market Share as Leading Online Credentials Management Service

Online, February 10, 2011 (Newswire.com) - Interfolio, the premier academic credentials & portfolio service, today announced the company has delivered its four millionth document. The company, currently serving more than 146,000 individuals worldwide, offers an innovative way to manage academic and professional documentation for applications to positions in higher education, post-graduate study and other opportunities.

With a growing number of applications in a competitive academic market, combined with tightening education and career services budgets, more institutions have embraced this technology and moved to an online credentials service to simplify and enhance processes.

Watch Interfolio CEO Steve Goldenberg discuss the four millionth document delivered: http://promos.interfolio.com/video/

"I started Interfolio because I wanted to empower individuals in higher education with a more successful way to streamline application processes through technology," said Steve Goldenberg, CEO of Interfolio. "Now, 12 years later, the value of our services is even greater as the admissions and employment markets become more competitive and their processes more automated."

Interfolio offers individuals one central place to store their most important documents, while also providing the means to distribute these materials to any institution. The two most common types of Interfolio users are students applying to graduate school and Ph.D. graduates applying for teaching positions.

The number of active Interfolio subscribers has grown over 30 percent in the last year, and users come from more than 1,400 colleges and universities around the world including 50,000 credential users and 96,000 letter writers.

"As we deliver our four millionth document, I am confident that applicants, admissions offices, and hiring committees will increasingly adopt Interfolio as they discover how simple and effective we make credentials management," Goldenberg added.

In honor of this milestone, Interfolio presented the customer who delivered the four millionth document, Julie A Vandusky-Allena, a $500 cash prize. The company has also launched the FanFolio Video Contest on YouTube in search for some of the most dynamic and creative users who have experienced, first-hand, how Interfolio's services help them achieve their academic and career goals.

"The real value of Interfolio for me comes from having a secure, online location to upload all of my letters of recommendation," said Julie A Vandusky-Allena. "If you are a grad student in the job market, you're most likely applying to more than 50 places. Your committee members have a lot going on and asking them to send a copy of their letter to multiple places is a huge burden. Interfolio saves a lot of time and solves a huge coordination problem. I don't know what I do without Interfolio."

Prior to using Interfolio, applicants typically visited their department or university career services office to make requests for letters of recommendation in person, and then physically mailed all application materials to universities for admission or job inquiries. By using Interfolio, universities see a decrease in hard costs and staff time, and students enjoy the benefit of accessing their materials any time of day or night without having to worry about reliable delivery of their portfolio to interested parties.