Jobing.com Acquires the California Online Job Network; Leading local job board provider continues expansion throughout Southern California

Business Wire, May 3, 2005

PHOENIX -- Jobing.com, LLC, one of the nation's leading locally focused employment websites, announced today the finalization of its acquisition of the California Online Job Network, one of the leading local employment websites covering the entire State of California. Financial terms of the deal were not disclosed. This, Jobing.com's second acquisition announcement within the last forty-five days, promises the integration of the California Online Job Network, Job Summit and Jobing.com and will position the local job board leader as the largest, most well trafficked job board in Southern California.

"The California Online Job Network (http://www.cajobs.com) brings significant power to the already strong alliance Jobing.com has formed with JobSummit in Southern California," said Aaron Matos, PHR, CEO and founder of Jobing.com, LLC. He continued, "Aligning the resources of the top two local job boards in the area with the marketing power of Jobing.com will bring exceptional value to the employers and job seekers using both local products."

"One meeting with the staff of Jobing.com convinced me that the California Online Job Network should become part of their organization," said Bill Kellaway, CEO and owner of the California Online Job Network. "Jobing.com's local job board approach is the best in the industry and their focus on community involvement will truly help employers and job seekers become better connected in communities across the State," Kellaway stated.

Along with the integration of JobSummit.com, Jobing.com will also work to integrate clients and job seekers on the California Online Job Network with its core technology, including enhancements and upgrades for both employers and job seekers using the service. A formal announcement regarding product transitions will be announced in the coming weeks.

About Jobing.com

Jobing.com is one of the nation's leading, locally focused employment products. Currently serving the states of Arizona, California, Colorado, Florida, New Mexico, and Rhode Island, Jobing.com provides online solutions for local employers for recruitment (online job postings and resume database searching) and provides additional services including resume services, Career Expos (public job fairs), Online Job Fairs (including employer video streaming), an Educational Resource Center (highlighting schools of higher education and developmental programs), HR Websites (corporate career center hosting and applicant tracking system), and JobingTV (a locally focused employment television show) among others. For more information about Jobing.com, visit http://www.jobing.com.

About The California Online Job Network

Founded in 1998, The California Online Job Network, Inc. is collection of local career websites including SanDiegoJobs.com, RiversideJobs.com, OrangeCountyJobs.com, LosAngelesJobs.com, SanFranciscoJobs.com, OaklandJobs.com, SanJoseJobs.com and SacramentoJobs.com. The websites provide job seekers with a searchable database to look for work by distance, category or keyword and allows employers to post local positions on any of the affiliate sites throughout the network. For more information on the California Online Job Network, visit http://www.cajobs.com.