Workstream Succession Planning Solution Is Selected by IAC/InterActiveCorp to Support HR Planning Processes for Senior Management

Business Wire, July 13, 2005

OTTAWA -- Workstream Inc.(TM) (NASDAQ:WSTM), a provider of On-Demand Enterprise Workforce Management software, today announced that IAC/InterActiveCorp has selected Workstream's Succession Planning solution to manage the Company's HR planning processes for more than 500 key senior executives, including succession planning and leadership development.

The multi-year hosted deal will provide IAC with a consistent, enterprise-wide view of the skills, competencies and ambitions of their key employees in the context of the company's overall business objectives and needs - now and in the future.

"Our ability to quickly assess and deploy senior talent is vital to the overall success of IAC," said Matt Merrick, Director of Talent at IAC/InterActiveCorp. "We expect that deploying Workstream's Succession Planning solution will prove to be quite valuable to our efforts for this specific initiative."

"Many organizations are facing increased complexity around corporate compliance and governance when managing their enterprise workforces," said Michael Mullarkey, CEO and Chairman of Workstream Inc. "Workstream provides an on-demand suite of solutions that help forward thinking organizations like IAC manage mission-critical workforce processes such as succession planning, which are essential to building successful companies," stated Mullarkey.

Workstream's Workforce Planning & Analytics product line supports a broad range of strategic and administrative workforce planning processes including succession planning and leadership development, competency management and organizational charting. Applications include:

--Succession Planning for supporting critical HR planning processes, including succession planning, leadership development, development planning and competency management; and

--Organizational Charting for more effectively managing the information you already have to deliver information-rich corporate directories and organizational charts across your company intranet.

About Workstream Inc.

Workstream provides On-Demand Enterprise Workforce 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, Benefits, Performance, Compensation, Rewards 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 9 offices across North America, Workstream services customers including Chevron, Eli Lilly Canada, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

About IAC/InterActiveCorp

IAC operates leading and diversified businesses in sectors being transformed by the internet, online and offline... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at http://iac.com.