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TheLadders.com Announces Unprecedented Growth With Recruiters

Over 7,000 Recruiters Now Posting Job Openings at TheLadders.com; Many from Industry Leaders in Financial Services, Consumer Goods, and Technology <Back

NEW YORK (October 17, 2005) - TheLadders.com, the world's leading $100,000+ online job resource with more than 550,000 members and 20,000 new jobs each month, announced today that its recruiter enrollment has topped 7,000. This comes just one month after announcing that recruiter enrollment had reached 5,000. Included among the 7,000 are recruiters from industry leaders in financial services, consumer goods, and technology, including Amazon.com, JPMorganChase, Lehman Brothers, Dell, Lowe's, Panasonic, Microsoft, eBay and Google.

While online job search engines 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.

TheLadders.com's unique, consumer-based business model allows the firm to provide a greater number of pre-screened job candidates, and publish the most $100k+ job openings, than any other source. 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, such as the Professional Network.

Company CEO, Marc Cenedella, shared, "The rapid growth of our recruiter community is proof that top candidates are utilizing TheLadders.com. Recruiters are amazed at the level of experience and skill sets that TheLadders.com members possess. Time and time again we hear that positions posted on TheLadders.com are quickly filled with incredible talent, producing fantastic results."

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