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TheLadders.com Selects Award-Winning Executive as Vice President of Product


Daniel R. Leeds, Former Citigroup Executive, Enriches Management Team with Extensive Web Expertise

NEW YORK (August 8, 2006) - TheLadders.com, the world's leading online service for $100,000+ jobs, today announced that Daniel R. Leeds has joined the company as Vice President of Product. In Leeds' new role, he will expand upon TheLadders.com's innovative use of technology to redefine the online experience for job seekers and recruiters, and explore new ways to create even more value for members.

Leeds, a former Citigroup executive, has extensive experience in online marketing, web strategy and development. His expertise spans a variety of disciplines including media, loyalty marketing, and financial services. During his tenure at Citigroup, he established a Web Strategy practice and led the development for the redesign of the ThankYou Rewards initiative and the upcoming re-launch of the CitiCards.com Web site.

"We're pleased to add an executive of Dan's caliber to our already world-class senior management team that includes senior executives from HotJobs, Priceline and Forbes.com," said Marc Cenedella, founder and CEO of TheLadders.com. "I'm confident that Dan's experience in putting great technologies to work on behalf of users will make TheLadders.com an even better place for job seekers and recruiters to find or fill their next $100k+ job."

Prior to Citigroup, Leeds was the Senior Director of Web Strategy and Development for ClubMom, a rewards program and content community for mothers. He also served as the Executive Director of Network Development for iVillage, where he transformed the site from a collection of diverse media properties into an integrated solutions portal for women.

"I'm honored to be part of this team of distinguished individuals," said Leeds. "I look forward to building on the success of this unique product and ensuring TheLadders.com continues to support our members with the best tools to land their next step on the career ladder."


About TheLadders.com
Headquartered in New York, TheLadders.com, Inc. is a privately held company offering online job search services to recruiters and job seekers in the $100k+ employment market. Ex-HotJobs.com executive Marc Cenedella founded TheLadders.com in 2003 to address the unique job seeking and recruiting requirements in this market sector. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.

In addition to its primary member-based site, the Company operates vertical job search Web sites for sales, marketing, finance, human resources, law, technology, and operations. All sites feature daily job updates as well as industry-specific weekly e-newsletters. For corporate and executive recruiters, TheLadders.com delivers the same highly personalized experience. TheLadders for Recruiters (www.recruitladder.com) enables them to easily post $100k+ job openings at no charge. The Company further differentiates itself from other online job boards that fall prey to fraudulent job postings by implementing human mediated search, ensuring all job postings are fully qualified before being published to members.

More information about TheLadders.com can be accessed at www.theladders.com.

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Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com