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TheLadders.com's Recruiter Participation Reaches New Milestone

More than 4,000 Recruiters Now Posting Job Openings at TheLadders.com <Back

NEW YORK (June 20, 2005) - TheLadders.com, the world's leading $100k+ job search engine with more than 415,000 members and 20,000 new jobs each month, announced today that its recruiter enrollment has topped 4,000. Included among the 4,000 are recruiters from industry leaders in financial services, consumer goods, and entertainment, including Aramark, Cadbury Schweppes, Cendant, HSBC, Oracle, Philips and Wachovia.

Today's news follows the Company's recent release of TheLadders for Recruiters, which is designed specifically for HR professionals and recruiters. This robust module enables employers to post jobs and track the progress of those openings online. A prime targeted sourcing vehicle for recruiting highly qualified $100K+ applicants; TheLadders.com's unique business model allows recruiters to post an unlimited number of positions at no cost.

While online job boards have made applying to jobs easier, they have created significant challenges for recruiters. Bombarded by resumes, recruiters need to rely on targeted sourcing vehicles - such as TheLadders.com - to bring them qualified candidates. The alternate scenario involves searching through stacks of e-mails and resumes in hopes of identifying "perfect fit" candidates, a laborious process that takes recruiters away from more strategic initiatives.

Company CEO, Marc Cenedella, shared, "TheLadders.com delivers a win-win situation. Our subscription-based business model means the job candidate is our paying customer. We're very focused on delivering first-class jobs and relevant career content to them. On the recruiter side, we don't charge for posting an opening - and employers gain an outstanding, highly focused source of experienced talent, enabling them to reduce their time-to-fill business-critical positions."

Recruiters can access additional details at www.recruitladder.com.

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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.

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