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

NEW YORK CITY (October 17, 2005) - TheLadders.com, the world's leading $100,000+ jobs Web site 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 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.

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 $25 per month subscription fee to job seekers for access to its premium service.

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.

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, Former CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.

Media Contacts:
Adam Isserlis
TheLadders.com
(646) 453-1807
adam[at]theladders.com

Jeanne Achille
The Devon Group
(732) 542-2000, ext. 11
jeanne[at]devonpr.com

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