2007 Press Releases

Workstream Hires a Leading Marketing Executive with Software as a Service (SaaS) Experience from Oracle and Siebel

Consolidates its Management Team to Capitalize on On-Demand Market Growth

Burlingame, CA. – June 26, 2007 - Workstream Inc. (NASDAQ: WSTM), a leading provider of On-Demand Human Capital Management (HCM) including compensation, performance and talent management solutions, today announced it has hired Gary Damiano as the new Senior Vice President of Marketing to round out the company's executive management team in Burlingame, California.

"We are very excited to have such an experienced and talented marketing executive join Workstream," said Mr. Gupta, President and CEO at Workstream. "We are building world-class sales and marketing machine to capitalize on the tremendous market opportunity in the On-Demand Talent Management software space," said Gupta. "Having someone of Gary's experience and capabilities helps us accelerate our market momentum."

Prior to joining Workstream Mr. Damiano was the Vice President of Marketing for the Oracle On-Demand business at Oracle Corporation (NASDAQ: ORCL) where he was responsible for marketing Oracle's extensive SaaS-based product line. At Siebel Systems, Mr. Damiano was responsible for marketing Siebel CRM On-Demand and returned to Oracle as part of the acquisition of Siebel Systems. Before Siebel Systems Mr. Damiano held several senior marketing positions at Oracle Corporation from 1988 through 1999.

"I am very pleased to have joined Workstream at this time because the markets for both Talent Management solutions and SaaS are growing rapidly," said Mr. Damiano. "Workstream is really an exciting opportunity for me as a marketing executive because it is poised to capitalize on a growing market, strong products, a tremendous customer-base and a world-class sales team. The recent launch of Workstream's on-demand solutions to the mid-market business is clearly demonstrating how the Workstream assets are being leveraged to create greater momentum in the market."

The Company also announced that Kevin Dobbs, the company's previous Senior Vice President of Sales and Marketing assumes the role of Senior Vice President of Business Development and is responsible for all revenue generation through channel and business development partnerships.

About Workstream

Workstream provides on-demand compensation, performance and talent management solutions and services that help companies of all size manage the entire employee lifecycle from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Performance, Compensation, Development and Transition. Access to TalentCenter is offered on a monthly subscription basis under an on-demand software delivery model to help companies build high performing workforces, while controlling costs. With offices across North America, Workstream services customers including Chevron, The Gap, Kaiser Permanente, Motorola, Nordstrom, VISA and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Workstream's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to grow our client base and revenue because of the number of competitors and the variety of sources of competition we face; client attrition; inability to offer services that are superior and cost effective when compared to the services being offered by our competitors; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to enter into successful strategic relationships and other risks detailed from time to time in filings with the Securities and Exchange Commission.

Contact:
Stacey Virgo
Workstream
1-866-953-8800, Ext. 715
stacey.virgo@workstreaminc.com