December 20, 1999

Canada's leading online recruitment company surged by 60,000
job seeking members in 10 weeks- rising to 200,000 members

Fast-growing JobShark.com has significantly outpaced its rivals in its bid to have the largest pool of registered job seekers in Canada

Toronto, December 20, 1999- JobShark.com, the leading Canadian on-line recruitment company today announced a 10 week surge in job seeking members of 60,000 individuals, bringing the total database to 200,000 members in just over 2 years. This significant accomplishment puts it over double the published membership milestone's of all of its competitors in Canada.

"This is an exciting time in our corporate history." said Matthew von Teichman, President of JobShark.com. "We expected rapid growth in our membership rates but 60,000 new members in 10 weeks far surpasses our expectations. At 200,000 members we have vaulted past our competition and are leaving them in the background."

JobShark.com launched a significant Canadian advertising blitz in September on the radio and on the television which led to the rapid growth of the candidate database to its current level. It is especially significant because it means that JobShark.com has developed the database to fill positions in most industries and in all major Canadian markets.

Mr. von Teichman pointed out that the significance of having 200,000 members also relates to the approach JobShark.com takes in filling open positions. "200,000 members is especially important to us because our site relies on our JAWS technology which matches job seekers to jobs based on hundreds of criteria. The more job seekers we have, the better our chances of matching the perfect job to the perfect job seeker. An average applicant from JobShark.com would likely be the most suitable applicant our competitors could produce. The larger our database gets, the more effective our JAWS software becomes."

JobShark is the global leader in online recruitment with offices across Canada and in Europe. JobShark.com was launched in Toronto in July 1997, and is one of the original e-commerce businesses in Canada. JobShark.com has pioneered the on-line recruiting and job seeking market and now boasts over 230,000 members in Canada and the UK. The web site is powered by proprietary job skill set matching software known as JAWS that delivers perfectly matching candidates to recruiters. Over 1000 leading corporations across Canada and the UK use JobShark to recruit.

JobShark.com is committed to market leadership, and will continue to provide innovative technology and services that will improve the online success of both recruiters and job seekers.

Contact:

Matthew von Teichman, President, 1-800-304-7573 teichman@jobshark.com
OR
Christopher Klotz, CEO, 1-613-789-3219, chrisklotz@jobshark.com