Named “Cool Vendor” by Leading Analyst Firm

Vendors Selected for the “Cool Vendor Report” are Innovative, Impactful, and Intriguing

SAN FRANCISCO – March 23, 2009 – Jobvite, creator of next-generation recruitment solutions, has been included as one of Gartner’s Cool Vendors for Human Capital Software, 2009¹ in the report authored by analysts James Holincheck and Thomas Otter, published on March 11, 2009.

Jobvite was one of five companies listed in the Gartner report, which highlights innovators that Gartner says, “put a new spin on talent management, while, in many cases, lowering costs.” According to the Gartner report, “There are many well-known human capital management (HCM) software vendors, but there are new, interesting vendors emerging all the time.” This year’s report notes that social software is significantly impacting recruitment processes and Gartner recommends that “[Companies] include social software integration as part of a recruitment application portfolio.”

Jobvite is the only recruitment application built to involve all employees in the hiring process and leverage their social networks to find quality candidates. Companies use the Software-as-a-Service (SaaS) application to reduce recruitment spend and increase the impact of existing resources. Jobvite recently delivered new matching technology and comprehensive integration with major social networks including Facebook, LinkedIn and Twitter.

“Jobvite has grown rapidly in a tough economy because our approach delivers more value than ever at a time when companies must decrease recruiting expense when hiring great talent,” said Dan Finnigan, President and Chief Executive Officer of Jobvite. “Our new technology matches jobs to profiles in leading social networks, making it effortless for any employee to share job opportunities with relevant connections. I am honored that Gartner has recognized us in the Cool Vendor report and I believe this is based on the innovative quality of our Silicon Valley-based team and our value proposition.”

About Gartner’s Cool Vendors Selection Process

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.