Press Release

Retire? 54 Million Boomers Say "Not"

Mountain View, CA — October 30, 2006 — Simply Hired (www.simplyhired.com), the world's largest search engine for jobs, today announced the launch of a new search offering for job seekers aged 50 and above. Through a strategic partnership with category...

Mountain View, CA — October 30, 2006 — Simply Hired (www.simplyhired.com), the world's largest search engine for jobs, today announced the launch of a new search offering for job seekers aged 50 and above. Through a strategic partnership with category expert RetirementJobs.com, (www.retirementjobs.com), Simply Hired now makes it easy for job seekers to identify and apply to jobs with “age-friendly" employers. Simply Hired’s new “age-friendly" job search can be found at www.simplyhired.com/fiftyplus.

With the first of the 77 million baby boomers turning 60 this year, employers face a staffing crisis. The U.S. Bureau of Labor Statistics estimates 10 million jobs will go unfilled in 2010 as the first wave of boomers retires. Simply Hired’s new search offering helps to close this gap by connecting boomers in search of work with employers who value their experience and have thousands of job openings to fill.

While salary is certainly important to those seeking “encore careers," other criteria, such as flexibility (the ability to work full or part-time, in seasonal or contract positions), benefits, training, and a company culture that is free of age bias, are valued highly by these experienced employees.

To assure that jobs and the employers who offer them are well-suited to age 50+ workers, RetirementJobs.com conducts an extensive evaluation of employers to verify that their policies and practices have proven to be successful in recruiting and retaining older personnel. Through its Age-Friendly Employer Certification program, RetirementJobs.com has certified and identified hundreds of employers whose work environments will appeal to boomers and seniors. Companies that have been certified as “Age-Friendly" include firms such as Borders Group, REI, H&R Block, Oakwood Healthcare System and Robert Half International.

“A recent survey from the AARP revealed that 70% of baby boomers plan to continue working in their retirement years," said Gautam Godhwani, CEO of Simply Hired. “By partnering with RetirementJobs.com, Simply Hired will make it easy for these workers to identify employers who value aged 50+ candidates for their experience, reliability and productivity."

“Jupiter Research predicts that more than 62 million adults over age 50 will be online by 2010," said Tim Driver, CEO of RetirementJobs.com. “RetirementJobs.com and Simply Hired will make it easy for millions of older Americans to log-on to discover and work opportunities that fit both their income and lifestyle requirements."

About Simply Hired, Inc.

With more than 5 million job listings and counting, Simply Hired (www.SimplyHired.com) is the world's largest search engine for jobs. We search thousands of sources, including large and small job boards, newspaper and classified listings, and company websites. Our mission is to help people find their ideal jobs in the simplest way possible.

Simply Hired has been named one of the "50 Coolest Websites 2005" by Time Magazine, Business Week's "Best of the Web," PC World's "50 Best New Websites," and the "Next Net 25" by Business 2.0.

Simply Hired has raised $17.7M in funding from News Corporation's Fox Interactive Media, Foundation Capital, Garage Technology Ventures and individual investors. The company is privately held and is based in Mountain View, California.