eQuest Wins HR Product Of The Year Award For Prophesy3™

Innovative Job Board Evaluation Tool is First to Follow Candidate's Entire Application Process - From View at the Job Board to Hire

Chicago, IL - San Ramon, CA - October 6, 2008 - eQuest, the global leader in job posting and Internet recruitment management services today announced that it has been selected as a winner of HR Executive Magazine's Product of the Year award for its innovative job board sourcing and analytics tool, Prophesy3™.

eQuest has been rapidly expanding its ancillary services in the direction of assisting its customers in understanding and evaluating job board effectiveness. Unlike other sourcing products, Prophesy3 performs a complete end-to-end tracking of a candidates' job response process. Candidates are tracked as follows:

• confirms date and time the candidate initially views the job at the job board
• geo-locates candidate's location via IP address locaters (GoogleMaps)
• confirms candidate click-through (APPLY BUTTON) at the board level
• tracks candidate arriving at the ATS hosted career site for the unique job
• measures resume conversion rate (how many arrive at site vs. resume submission)
• reports how many candidates were interviewed - by job board
• reports how many candidates were made offers - by job board
• reports the final hire/candidate's original job board source
• reports cost-to-hire by board, job, location
• reports time-to-hire by board, job, location

Another feature offered in Prophesy3 is benchmarking. This allows companies to measure their own recruiting metrics/results/costs against the entire eQuest job posting customer aggregate.

Starbuck's Coffee was first to take advantage of Prophesy3. Phil Hendrickson, manager, global talent sourcing strategy at Starbuck's states, "Understanding and evaluating job board performance is more important than ever. Prophesy3 is the Holy Grail of interactive metric tools - pointing companies in the right direction when it comes to the knowledge you need when spending scarce advertising dollars."

"We are extremely honored to win this award from HR Executive Magazine," said John Malone, President and Chief Executive Officer of eQuest. "Our R&D team did a brilliant job making this vision come to life and an award such as this only confirms our future commitment to continue to create innovative and meaningful products for the Human Resource community."

Prophesy3 will remain an internally utilized metrics tool for eQuest Interactive Media consultants to assist customers with job board buying strategies on a local, regional and international level.

About eQuest

eQuest manages job-posting transaction deliveries for more than 20,000 companies; reaching more than 200 countries and territories worldwide and delivering over 200 million job requisitions annually. One of the most admired brand names in the Human Capital Management space. eQuest also provides job board negotiating, job board billing aggregation, consulting services, and complete job tracking analysis for evaluating job board performance. eQuest can be reached at www.equest.com or at 1-800-495-4479.