Rich Ellinger Named Chief Technology Officer of Market10

McLean, Va. (May 22, 2006) - Market10™, the revolutionary new job marketplace that combines extensive matching technology with The 10 Dimensions of a Good Job Fit (sm), today announced Rich Ellinger, a 15-year Silicon Valley technology veteran, joined the company as its Chief Technology Officer.  In this capacity Rich oversees Market10’s visionary product development efforts.  Rich joins Market10 from Saba, a leading human capital management company he co-founded and served as its Vice President of Engineering.

He is the first addition to the Market10 executive management team following its recent $13 million Series B investment announcement, bringing total funds raised to $21 million.

“Rich Ellinger is an excellent addition to our team with a strong capacity to deliver on our product vision,” says Rob McGovern, Chairman & CEO, Market10. “Drawing on his deep technology expertise as well as his entrepreneurial spirit, management and customer experience, Market10 continues its drive to create the next generation of online recruiting.”

"The combination of Market10’s vision, expertise, cutting-edge technology, and my background make our union a strong match,” says Rich Ellinger, Chief Technology Officer, Market10. “I’m very pleased to join a team that’s driving Market10 to surpass all other online recruiting sites.”

Prior to Market10, Rich was one of the principle architects of the Saba suite of products and holds a patent for the Saba technology. Between 1997 and 2006, he was instrumental in growing the company to over 500 employees and nearly $100 million in annual revenue. Rich’s efforts helped secure contracts with many Global 500 customers including BMW, Cisco Systems, DaimlerChrysler, Dell, Proctor & Gamble and Federal Express.

Rich began his career in development for Oracle Corporation where he worked on a next generation “Universal Inbox.” In addition, Rich has worked as a technology consultant for leading companies such as Hewlett-Packard.

He completed his formal education at Stanford University with a B.S. in Computer Science, a B.A. in Political Science and an M.S. in Computer Science.

About Market10
Market10 is a revolutionary new online job marketplace. Built by the experts who founded CareerBuilder, Market10 combines extensive matching technology with The 10 Dimensions of a Good Job Fit (sm). Based in McLean, Va., Market10 was founded in 2005 by the career expert, Rob McGovern, the founder and former Chairman of CareerBuilder and the author of the best selling book on career advancement - “Bring Your ‘A’ Game: The Top 10 Career Secrets of the High Achiever.”

Media contact:

Krista Milne
MOJO Marketing Communications
kmilne@mojomarcom.com
617-480-1042

Market10 is a trademark of the company and Ten Dimension Matching is a service mark of the company. All other company names mentioned herein are either registered marks of trade marks of the respective companies.