Who rules the ocean in online recruiting?

JobShark.Com named one of Canada's Hottest 50 Startups

Toronto (August 31, 2000) -- JobShark.Com, Canada's leading online recruitment resource, has been named to PROFIT magazine's list of Canada's Hottest 50 Startups. JobShark.Com is the only online recruitment company and one of only eight dot-coms named to the list, which was revealed Monday to a gathering of the Toronto Board of Trade.

The honour recognizes companies founded since 1995, with minimum revenue of $50,000, who have achieved rapid growth in industries ranging from retailing to manufacturing, to construction and dot-com enterprises.

"JobShark has had a single focus over the last few years and that was to provide a better means for job seekers and recruiters to find each other over the Net," says Matthew von Teichman, President, JobShark Corporation. "With our sophisticated matching technology and the suite of services we provide to both job seekers and recruiters we have accomplished our goals and as a result we have enjoyed 1600% revenue growth since 1997."

JobShark has built the largest online pool of job candidates in Canada. In the past 18 months alone, JobShark has tripled its number of online job members from a little more than 100,000 to more than 320,000.

In October 1999, JobShark expanded into the UK, registering 48,000 members within the first five months of operation. Within six months of launching JobShark Chile in April 2000, the company had registered more than 100,000 members.

More than 1,000 leading corporations across Canada, in the UK and Chile rely on JobShark's online recruiting services powered by its proprietary JAWS skill-set matching and Recruiter 2000 software.

Since its founding in 1997 through 1999, JobShark.Com has also enjoyed explosive growth in the number of employees, from 6 to 75 and in total revenues, from under $90,000 to more than $1.5 million.

"Recruiters are telling us that they are looking for job advertising that will deliver quality, not just quantity of candidates," says von Teichman. "JobShark's skill-matching software greatly reduces the time and expense involved in screening large numbers of unqualified or unfocused job applicants."

JobShark was voted Canada's 13th Hottest Startup through balloting conducted primarily through PROFIT and Canadian Business magazine. Nominations were also collected through Export Development Corp., Channel Business Magazine, Young Entrepreneurs Association and the Information Technology Association of Canada.

JobShark.Com (www.jobshark.com), headquartered in Toronto, Ontario, is the premiere online recruitment company in Canada, connecting leading edge companies with pre-qualified career minded individuals. The company has Canadian offices in Vancouver, Calgary, Edmonton, Ottawa and Montreal, and international offices in England, Scotland, Wales, Ireland, Chile, Mexico, Argentina and Columbia.

For more information please contact:

Christopher Klotz
JobShark.com
613-789-3219

Matthew von Teichman
JobShark.com
416-944-2444