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Moving on Up: TheLadders.com Doubles its Online Job Search Destinations

Growing Demand Leads to New Job Seeker Channels: OpsLadder, TechnologyLadder, HRLadder and LawLadder <Back

NEW YORK (August 10th, 2005) - TheLadders.com, the leading online job search destination for $100k+ candidates, today announced the addition of four new job search engines: OpsLadder, TechnologyLadder, HRLadder and LawLadder. This expansion doubles the Company's existing consumer offerings of FinanceLadder, SalesLadder, MktgLadder and UpLadder, and is an innovation for the online job search industry. For the first time, high-end professionals and executives in operations, technology, HR and law have the opportunity to access unique channels that comprehensively offer $100k+ positions in their distinct fields.

Now posting 20,000 new jobs each month, TheLadders.com has grown exponentially since its launch as SalesLadder.com in 2003. After doubling in member size from 200,000 in January 2005 to 460,000 currently, these new Ladders come as a response to the increased demand of job seekers looking for more targeted job channels and ease of use in their job search.

"The addition of these new Ladders makes our service even more powerful for $100K+ job seekers and employers." said TheLadders.com President and CEO Marc Cenedella. "With the number of jobs on TheLadders.com continually rising, the addition of these new Ladders will ensure that users have the most targeted and efficient search results possible. These destinations also benefit the HR community, as recruiters can be assured that their job postings are only viewed by the most qualified and appropriate candidates."

The new Ladders are tailored specifically to the unique job seeking needs of $100k+ candidates in operations, technology, HR and law. For example, TechnologyLadder aggregates job postings in software design and engineering. HRLadder features openings in staffing, employee compensation and benefits, and corporate human resources, while OpsLadder will aggregate jobs in consulting and general management. UpLadder, which previously housed the positions now found in the new Ladders, will now focus exclusively on $100k+ construction, real estate, sciences and healthcare positions. The innovative price structure of TheLadders.com remains the same for the new Ladders: job seekers pay $30 a month for premium access, while there is no charge for recruiters to post $100k+ positions.

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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