Workstream and HR.com to Host Compensation Webinar Featuring Cendant Corporation; Exclusive Web Event Scheduled Discusses Advantages and Challenges of Automating Compensation Across More than 10 Divisions at a Fortune 100 Corporation

Business Wire, Feb 6, 2006

OTTAWA -- Workstream Inc. (NASDAQ: WSTM), a provider of On-Demand Enterprise Workforce Management software, today announced it will co-host a webinar with HR.com regarding compensation planning and execution in a distributed enterprise. This exclusive event will feature Workstream customer Cendant Corporation (NYSE: CD), and highlight the successes and lessons learned by Cendant in pursuing its enterprise-wide compensation strategy.

The webinar, Compensation Planning in the Distributed Enterprise: A Cendant Case Study, is scheduled for Wednesday, February 15, 2006 at 11:30 AM PST / 2:30 PM EST. To register for this event, visit http://www.workstreaminc.com/company/events/webinars.asp.> "All size organizations are starting to realize the necessity and advantages of moving away from spreadsheets and the importance of automating complex compensation processes for raises, variable pay and stock," said Kevin Dobbs, EVP at Workstream. "Today our configurable compensation solution successfully addresses the varied needs of organizations with as few as 1,000 employees to very large, complex organizations such as Cendant," said Dobbs.

This webinar will feature speakers from Cendant and Workstream, as well as market analyst David Creelman, CEO of Creelman Research. Participating from Cendant is Director of Corporate Compensation, Katrin Jandrasits. Joining from Workstream will be Director of Product Marketing, Sean Murphy.

Among the topics they will cover are market trends and opportunities for streamlining the compensation planning process; special challenges in large-scale enterprise compensation deployment; the successful roll-out of total compensation planning to 10 diverse business units at Cendant; and lessons learned by Cendant and new challenges ahead.

Those persons encouraged to attend this event include Vice Presidents and Directors of HR and Compensation and Rewards, HRIS executives and staff.

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 ten offices across North America, Workstream services over 400 customers including Chevron, 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.