Jobing.com Goes International With CanJobs.com

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Largest U.S. locally-focused employment site crosses the border with Canadian acquisition.

Jobing.com, the nation's largest, locally-focused online recruitment media provider, announced today it is acquiring CanJobs.com, a network of more than 140 local city, provincial and industry-specific domains in Canada. Jobing.com acquired the assets from Ontario-based VentureLabour.com, a Farms.com company. The agreement marks the ninth acquisition for Jobing.com and comes on the heels of being named on the Inc. 500™ list of fastest-growing companies for the third consecutive year.

"The momentum at Jobing.com is truly exciting and I am delighted to bring our business to Canada," said Jobing.com Founder and CEO Aaron Matos. "CanJobs.com has built a solid business and the Canadian economy is booming; unemployment is at a 30-year low and we look forward to deploying our successful recruitment solutions within that environment."

"This acquisition continues our focused 'multi-local' expansion strategy, dedicated to providing local recruiting solutions to specific local markets throughout the United States, and now throughout North America," Matos said. "The CanJobs.com unique strategy of combining niche sites with local sites also provides employers with a two-pronged approach to finding qualified applicants: first through the skills sets the employer seeks and second by promoting the position locally."

In just four years, Jobing.com has expanded its services with major acquisitions that include Employcity.com, Coloradojobs.com, Jobsummit.com, the California Online Job Network, Rhinomite.com, Careers Colorado, and LocalCareers Network. That growth, says Matos, is a result of Jobing.com's focus on local recruiting needs. "Unlike the untargeted national sites, Jobing.com is dedicated solely to recruiting at the local level, connecting organizations with local people so they can build relationships and hire more effectively."

Celebrating a decade of doing business this year, the CanJobs.com network includes a number of significant provincial domains in Canada, such as Ontario, Alberta, Manitoba, Quebec and British Columbia. At the local level, the network includes domains specific to major cities such as Ottawa, Montreal, Vancouver, Calgary, Toronto and Edmonton.

CanJobs.com will continue to operate independently as a wholly-owned subsidiary of Jobing.com, and remain headquartered in Ontario with various offices opening throughout Canada to serve the local city and provincial recruiting needs. Jobing.com veteran Jon Schneider, Vice President of Operations, will oversee integration. "The CanJobs.com portfolio is the most complete domain set in the Canadian local jobs space and we're excited to bring the company, its employees, its clients, and its job seekers into the Jobing.com family," he said. "As Jobing.com continues our expansion, we looked to the strong and robust economy in Canada for our first international expansion."

"By continuing to operate independently, CanJobs.com will continue to remain sensitive to Canadian business needs and Canadian business culture," Schneider said. "Jobing.com is an entrepreneurial driven company, so CanJobs.com employers -- a large majority of whom are entrepreneurs, will continue to see their needs well serviced."

Jobing.com was born in 2000 when Matos, who was the director of human resources for a regional publishing and media company in Arizona, began to realize there was a phenomenal opportunity to leverage the power of the Internet to connect employers and job seekers with a focus on the local marketplace.

"Jobing.com was founded on the belief that recruiting great people is the driving force behind the success of every business and retaining great talent is the key to that success," Matos said. "Since our inception, we have been singularly focused on connecting local employers and job seekers. Our growth across our markets is the result of the dedication and commitment of the entire Jobing.com team. We are very proud of our accomplishments, but we have only scratched the surface of our potential."

Jobing.com was launched as a Phoenix site and enjoyed swift success. Through the strategic acquisitions and new market start-ups, Matos' Internet job board evolved into an online community that provides the forum, resources, and technology to connect organizations and job seekers in 18 major metropolitan communities. Known for its innovative recruiting solutions and bold marketing strategies, Jobing.com has grown to become the nation's largest, locally-focused employment media provider, serving some 15,000 organizations with recruiting needs and welcoming more than four million visitors to its site every month. Earlier this week, Jobing.com was named for the third consecutive year on Inc. Magazine's annual list of the nation's fastest-growing companies.

About Jobing.com
A three-time Inc. 500™ fastest-growing company, Jobing.com is a leading media provider of locally-focused recruiting, online job search and talent management solutions designed to connect local employers and job seekers. Jobing.com's portfolio of products include, among others: the largest locally-focused job search web site; Career Expo job fairs; JobingVideo; JobingTV; JobingCareerCenter and Go Jobing magazine. Jobing.com is a privately held, employee-owned company, funded by investors Great Hill Partners and JMI Equity. The company currently serves communities in the states of Arizona, California, Colorado, Florida, Nevada, New Mexico, Texas, and Wisconsin. For more information visit http://www.Jobing.com.

About VentureLabour.com and Farms.com
VentureLabour.com is a leader in providing strategic consulting, online branding/marketing, website and database development services. As an entrepreneurial based company VentureLabour.com also owns and operates a number of websites, providing it with hands-on online marketing and ecommerce experience. The VentureLabour.com was founded in 1999; it is a Farms.com company. Farms.com Ltd. is a leading provider of innovative information products and services for the global agriculture and food industries. Farms.com can be accessed through its internationally recognized agriculture information portal, which has business services and resources for more than 20,000 agribusiness professionals and livestock and crop producers who use it each day.

Contact: Joe Cockrell (602) 516-5537

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Jobing.com
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