Jobfox Named a Top Tech Startup by Red Herring

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Expert Matching and Connection of Candidates with Employers Driving the Future of Online Recruiting Services

McLean, Va. (May 21, 2008) -Jobfox, one of the fastest growing career-connection sites on the Internet, is a winner of the Red Herring 100 North America award. The award is given each year to the top private technology companies that are driving the next wave of innovation.

Jobfox (www.jobfox.com) was chosen for its breakthrough online recruiting services that expertly match and link compatible job candidates with employers. Jobfox joins past Red Herring award recipients such as Google, eBay, Salesforce.com and YouTube.

"Jobfox is changing the way professionals and employers connect with each other," said Rob McGovern, CEO of Jobfox. "Millions of job candidates visit Jobfox as a smarter way to advance their careers. Thousands of corporate recruiters now subscribe to Jobfox as a more efficient and cost-effective way to hire quality professionals."

Jobfox received top honors at the Red Herring North America event, held May 12-14 in San Jose, Calif. Earlier this year, Jobfox was recognized as an Official Honoree for the 12th Annual Webby Awards. Jobfox was also named a 2008 most promising startup by American Venture Magazine.

Jobfox's award-winning features include:

• Precision Skills MatchingOn Jobfox, each candidate creates a unique profile of skills and experiences. Jobfox intelligently matches professionals with the most compatible job opportunities.

• Jobfox Page for Personal BrandingThis free Jobfox Page, including a unique "URL" (http://www.jobfox.com/people/sarahsmith, for example), gives candidates the ability to dynamically showcase their skills, talents, career aspirations and job-change receptiveness.

• IM Chat with EmployersJobfox candidates can share their online instant messaging availability with employers. This enables employers - in real time - to initiate chats and set up times for further discussions.

• Candidate and Employer Tracking CentersProvides candidates and employers with online information about matches, compatibility rankings and levels of interest.

"Jobfox puts the spotlight on top professionals instead of job listings," McGovern said. "Jobfox turns the traditional job board model upside down, creating a more effective experience for both candidates and recruiters."

The Red Herring editorial staff evaluated more than 800 companies to choose the top 100 winners, including Jobfox. The top companies were chosen based on a careful analysis of financial data, subjective criteria, quality of management, execution of strategy and dedication to research and development.

This year marks the 11th anniversary of the Red Herring 100 Awards.

About Red Herring

Red Herring is a global media company that unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet atwww.redherring.com.

About Jobfox

Jobfox gives job candidates and organizations complete control to connect with each other - in real time - by providing intelligent skills matching and popular communication tools such as instant messaging and mobile text message alerts. Jobfox provides free Web pages for professionals to showcase their unique skills, talents, work-styles, career desires and job-change receptivity. Visitwww.jobfox.comtoday.

About Rob McGovern

Jobfox is the inspiration of CEO Rob McGovern, one of the nation's leading career experts. McGovern is the founder and former CEO of CareerBuilder and the author of "Bring Your 'A' Game: The 10 Career Secrets of the High Achiever."

blawrence@jobfox.com

Jobfox is a trademark of the company. All other company names are trademarks or registered trademarks of the respective companies.

http://www.jobfox.com/Site/press/Press052108.aspx