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TheLadders.com Reaches 400,000 Member Milestone with Selective Approach to Job Postings <Back

New York (June 13, 2005) - TheLadders.com, the world's leading $100k+ job search engine, today announced that it has reached 400,000 registered members in just 2 years, doubling its member base in the first half of 2005 alone. This rapid growth is significant in light of the company's business model, whereby revenues are generated from job-seekers rather than employers.

TheLadders.com has achieved rapid growth in the high-end jobs space by tailoring its services to the specific needs of job seekers in the $100k+ marketplace. Unlike traditional job boards, which generate revenues when employers post job listings, TheLadders.com does not accept money from employers or recruiters. Instead, the company charges a $30 per month subscription fee to job seekers for access to its premium service. TheLadders.com also maintains a basic job leads newsletter for which it does not charge a fee.

TheLadders.com's unique, consumer-based business model allows the firm to provide a greater number of pre-screened, high-end job listings than any other source. Each job on the site is reviewed by a team of human editors prior to being posted. In addition to TheLadders.com's proactive search for job listings, the company also accepts listings from employers and recruiters and posts them free of charge. Still, only those listings meeting the company's strict criteria are posted.

"Successful Internet companies realize that technology isn't what wins users; customer experience does," explained TheLadders.com Founder and CEO Marc Cenedella. "The technology end is important: you have to provide functionality and scalability. But our real value is our executive job market expertise, deployed in a format that really helps job seekers."

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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.

Note to editors: Trademarks and registered trademarks remain the property of their respective owners.

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