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Waltham,
MA,
November 13, 2008
-- Salary.com, Inc. (NASDAQ: SLRY), a leading provider of on-demand compensation and talent management solutions, today announced the launch of an exclusive partnership with
EducationDynamics, owners of education web portals eLearners.com and
EarnMyDegree.com, providers of resources to online learners that connects
them with online learning providers. Salary.com selected EducationDynamics
as its exclusive provider of eLearning content because of its comprehensive
database of programs and information for students as well as its
relationships with colleges and universities. The sponsorship plus the
sales of content is expected to deliver over $1 Million in revenue to
Salary.com over the next twelve months and complements the company's
enterprise learning and development offerings.
Salary.com and EducationDynamics will work in partnership to enhance
the user experience of the Salary.com Learning Center. Individuals can
visit elearning.salary.com, an online career portal for job seekers and
employees, to sign up for career advancement opportunities that improve
their job prospects and maximize their earning potential. Visitors to
Salary.com's Learning Center can select individual courses or even
participate in full online degree programs. These online courses offer the
perfect opportunity for people considering career changes or looking to
improve their current skills because they can study without sacrificing
time from their current jobs. By taking online classes students can set
their own schedules and study from their homes. The agreement also gives
eLearners exclusive sponsorship of the Learning Center including
integration of course content and other relevant learning materials.
"We are excited to be partnering with EducationDynamics as the
exclusive education provider across the Salary.com network," said Meredith
Hanrahan, chief marketing officer. "The suite of education products and
extensive school relationships that EducationDynamics offers will provide
our users with an unparalleled continuing education resource to help them
advance their careers and possibly boost their salaries."
About Salary.com, Inc.
Salary.com is a leading provider of on-demand compensation and talent
management solutions helping businesses and individuals manage pay and
performance. Salary.com's highly configurable software applications,
proprietary data and consulting services help HR professionals, executives
and managers automate, streamline and optimize critical talent management
processes including: market pricing, compensation planning, performance
management, competency management, development and succession planning.
Built with compensation and competency data at the core, Salary.com
solutions provide businesses of all sizes with the most productive and
cost-effective way to manage and inspire their most important asset - their
people.
About EducationDynamics
EducationDynamics, LLC, a portfolio company of Halyard Capital, is a
leading interactive marketing and information services company focused on
helping higher education institutions find, enroll and retain students.
Home to some of the most visible education websites, including
EarnMyDegree.com, eLearners.com, GradSchools.com, and StudyAbroad.com,
EducationDynamics is one of the leading providers of qualified leads for
colleges and universities. In addition, the company offers a full suite of
web-delivered products and services to manage a school's relationship with
students across their entire life cycle from inquiry through enrollment to
retention. For more information on EducationDynamics, please visit http://www.educationdynamics.com/.
Safe Harbor Statement
This release contains "forward-looking" statements that are made
pursuant to the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. These are statements that are predictive in nature,
that depend upon or refer to future events or conditions, or that include
words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar
expressions. This press release contains forward-looking statements
relating to, among other things, Salary.com's expectations and assumptions
concerning future performance. Forward-looking statements involve known and
unknown risks and uncertainties that may cause actual future results to
differ materially from those projected or contemplated in the
forward-looking statements. The risks and uncertainties referred to above
include, but are not limited to, our ability to continue to release and
gain customer acceptance of new and improved versions of our service,
successful customer deployment and utilization of our services, our ability
to expand our customer base and product and service offerings,
interruptions or delays in our service or our Web hosting, our business
model, breach of our security measures, the emerging market in which we
operate, our ability to hire, retain and motivate our employees and manage
our growth, and competition, as well as those risks and uncertainties
described in Salary.com's filings with the Securities and Exchange
Commission. Salary.com expressly disclaims any obligation to update any
forward-looking statements.
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