Salary.com™ Closes Acquisition of ITG Competency Group - Leading Job-Competency Company

Business Wire, August 8, 2007

WALTHAM, Mass. -- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation management solutions, announced today that it has closed the asset purchase of ITG Competency Group of Princeton, New Jersey, effective August 3, 2007. As part of the transaction, Salary.com paid $1.5 million in cash and $500,000 in Salary.com stock for ITG's competency management data and design consulting business. ITG will operate as a strategic business unit of Salary.com and will continue to provide consulting services on competency development as well as partner reseller services. The acquisition, along with a new licensing agreement between Salary.com and competency management firm Schoonover Associates, gives Salary.com a competency database of over 3,400 jobs.

About Salary.com, Inc.

Salary.com is a leading provider of on-demand compensation management solutions helping businesses and individuals manage pay and performance. Salary.com provides companies of all sizes comprehensive on-demand software applications that are tightly integrated with its own proprietary compensation data sets, thereby automating the essential elements of the compensation management process and significantly improving the effectiveness of its client's compensation spend. For more information, visit www.salary.com.

About ITG Competency Group, LLC

ITG is a pioneer in competency management, offering a unique combination of off-the-shelf competency models and implementation services designed to accelerate performance or learning management initiative. ITG offers cost-effective competency models for Banking, Insurance, Retail, Manufacturing, Financial Services, Information Technology and Corporate functions and has been helping clients align employee performance to corporate goals for over a decade.

About Schoonover Associates, Inc.

Schoonover Associates, Inc. creates and implements competency consulting solutions that range from developing leadership and HR strategies to competency-based performance systems to help its clients maximize their human assets.

Forward Looking Statements

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