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2007 Press Releases

Global 2000 Companies Extend and Expand Use of Workstream Talent Management Solutions

Industry Leaders Extend and Expand the Deployment of Workstream Solutions to Thousands of Employees Worldwide

Burlingame, CA, November 13, 2007 - Workstream Inc. (NASDAQ: WSTM), a leading provider of on-demand compensation, performance and talent management solutions, today announced that two Global 2000 companies have made multi-year commitments that will extend and expand their use of Workstream talent management solutions. The highly recognizable brand-name companies include one of the world's largest clothing specialty retailers and a leading international media and entertainment company.

“Workstream is the leading talent management vendor to deliver solutions that can specifically address the requirements of today’s global businesses,” said Deepak Gupta, President and CEO at Workstream. “The decision by these leading firms is indicative of their confidence in Workstream and our unique understanding of and support for international talent management. This is part of the value proposition that makes Workstream an industry leader and easy choice for Global 2000 companies.”

Workstream delivers an integrated and unified suite of on-demand talent management solutions incorporating built-in business analytics and a Web 2.0 user interface with out-of-the-box support for 10 languages and multiple currencies, in a single on-demand offering. To learn more about Workstream, visit www.workstreaminc.com or call 1-888-221-4005.

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, Kaiser Permanente 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.

For more information contact:
Gary Damiano
Workstream Inc.
Tel: 650-340-4076
Email: gary.damiano@workstreaminc.com

 

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