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2007 Press Releases

Workstream Receives Significant Purchase Orders from Key Strategic Customer

Burlingame, CA. – May 3, 2007 - Workstream Inc. (NASDAQ: WSTM), a leading provider of On-Demand Compensation, Performance and Talent Management solutions, today announced it has received a series of purchase orders from a key strategic customer totaling in excess of $850,000. These expansion orders will result in immediate professional services work associated with several large Talent Management projects. “We continue to execute well with our customers and partners in helping them to achieve successful roll outs of our On-Demand Talent Management suite solutions,” said Deepak Gupta, President and CEO of Workstream. “We are pleased to have received several new orders and are moving quickly to meet all project deliverables.”

About Workstream
Workstream provides on-demand compensation, performance and talent management solutions and services that help companies 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, Home Depot, 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

 

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