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TheLadders.com Membership Soars In Second Quarter

Increase in Fortune 500 Company Job Postings; Recruiter Numbers Top 20,000 <Back

NEW YORK (August 23, 2006) - TheLadders.com, the world's leading online service for $100,000+ jobs, experienced a record number of job seeker and recruiter memberships during the second quarter of 2006. The surge in activity pushed job seeker and recruiter membership totals past 890,000 and 20,000, respectively.

TheLadders.com has quickly established itself as a major player in the online recruitment market. The innovative business model enables recruiters to post jobs at no charge and connect with qualified job seekers who pay $30 a month to access the best $100k+ positions in the nation. Companies of all sizes, including industry leaders, have had success using the site to fill their $100k+ positions. The significant increase in response from Fortune 500 companies underscores the value that TheLadders.com delivers to leading employers looking to uncover the best executive candidates. During the second quarter, companies such as Amgen, Coca-Cola, General Motors, Mattel, Pitney-Bowes, and Sun Microsystems posted $100k+ positions on TheLadders.com. TheLadders.com now works with 85 of the top Fortune 500 companies.

"The remarkable surge in growth on our site is proof that our service is truly resonating with job seekers and recruiters," said Marc Cenedella, founder and CEO of TheLadders.com. "It's exciting to see how fast the word about our service is spreading as people share their success and others realize that they can easily find the best $100k+ jobs and connect with the top candidates right here at TheLadders.com."

As the online recruitment industry continues to evolve, executive level positions, traditionally thought to be available only through networking, are now available online. TheLadders.com has successfully created a community to connect senior level candidates and recruiters. The company's sustained growth reinforces the value of the service and verifies its position as the most comprehensive online resource for $100k+ employment opportunities.

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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