Jobster and VirtualEdge Launch Integrated Solution for Recruiters

SEATTLE — May 4, 2006 — Jobster Inc. has partnered with talent lifecycle software vendor VirtualEdge Corporation to deliver an integrated recruiting solution that helps employers more efficiently target, engage and hire the best candidates.

“VirtualEdge customers are looking for innovative new ways to connect with passive talent in an increasingly competitive labor market,” said Diane Smith, CEO of VirtualEdge. “We made a decision to partner with Jobster and plan to launch this integration quickly in order to make it easier for our clients to find qualified people for their openings, to build stronger talent pools and to get ahead of hiring demand.”

According to the 2005 SHRM Human Capital Benchmarking Study, in the U.S. the average hire costs $7,123 and takes 37 days. In addition, according to the U.S. Department of Labor, unemployment rates are the lowest in over four years, making it more difficult to find quality talent to fill open positions.

Tom Zinda, director of staffing at Wheaton Franciscan Services Inc., a not-for-profit Catholic health care ministry, said of the Jobster and VirtualEdge integration, “Jobster and VirtualEdge are both important components of our hiring strategy in the incredibly competitive healthcare field. The integration and partnership between these two companies will make it easier than ever to connect members of our growing talent network with great opportunities.”

The partnership resulted in the first live integration between VirtualEdge’s applicant tracking system and Jobster’s online recruiting service.
“Jobster and VirtualEdge want to alleviate administrative burdens companies are faced with throughout the hiring process,” said Jason Goldberg, CEO of Jobster. “We have partnered to ensure that our joint customers can find qualified candidates more efficiently and effectively than ever before.”

About VirtualEdge
VirtualEdge (VE) is a worldwide leader in Talent Lifecycle Software, providing the enterprise software foundation that significantly improves productivity and fundamentally impacts the overall capital of the business. Many of the world’s foremost organizations such as Agilent Technologies, Avery Dennison, Campbell Soup Company, CITGO, Delta, Genworth Financial, sanofi-aventis, The Schwan Food Company, Schneider National Inc., and SunGard utilize VE solutions. Headquartered in Newtown, Pennsylvania, VE is the trusted solution partner for approximately one million users in over 80 countries. For more information, please visit www.VirtualEdge.com or call (877) 485-5454.

About Jobster
Jobster, headquartered in Seattle, Wash., is the online recruiting service that provides the most relevant job search experience for jobseekers and the most effective tools for employers to target, engage and hire the right candidates. More than 250 employers including Starbucks, Cisco, Boeing, Microsoft, Expedia, Google, Samsung, eBay and Electronic Arts use Jobster to find the great people they cannot find elsewhere. Founded in 2004, Jobster has offices throughout North America and is backed by industry-leading investors Ignition Partners, Trinity Ventures and Mayfield Fund.

For more information, visit http://www.jobster.com.

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