Market10 Begins Nationwide Availability in Atlanta with Formal Unveiling

Atlanta, Ga. (June 6, 2006) - Market10™, the revolutionary new job marketplace that combines extensive matching technology with The 10 Dimensions of a Good Job Fit (sm), today announced its formal product unveiling with a new, improved online job marketplace and the start of its nationwide availability in Atlanta, Ga. with a host of employer focused events planned in the city.  Visit URL for more information. 

Before today, Market10 has been in beta test in Metro D.C. where it secured 300 top employers, over 75,000 qualified job seekers, and great feedback from its constituents.

Today’s announcement directly follows Market10 raising an additional $13 Million in investments, with Menlo Ventures participating as well as New Enterprise Associates as a return investor, bringing total funding to $21 Million.

“This additional capital enables us to immediately start our staged, national expansion that continues with Atlanta,” says Rob McGovern, Chairman & CEO of Market10. “We’re excited to provide Atlanta’s employers and job seekers with an advanced solution that well surpasses outdated first generation job sites.”

Market10 feature highlights include: the 10 Dimensions of a Good Job Fit(SM) based on Market10’s patent pending matching technology, Intelligent Feedback and Complete Confidentiality.

Intelligent Matching - the Market10 technology interprets the core skills, experience, strengths and desires of a job seeker and weighs them against the 10 Dimensions of a Good Job Fit (sm), and then presents the seeker with the best jobs that fit the profile. The 10 dimensions include: industry, income, skill set, years of experience, work authority, education, location, benefits, work environment and travel. The Market10 patent pending matching process is simple, gets to the truth (no more gaming the system with keywords), and builds back trust in online recruiting.

Smart Feedback - with Market10, job seekers always know where they stand. For example, a candidate is presented with a ranked list of jobs they can compare with one another based on their skills and desires. Feedback on the opportunity is made available as specified by the job seeker e.g., through the Market10, his or her e-mail inbox, or as a cell text message. Smart Feedback also benefits employers as it suggests dimensions they could alter, such as salary, to better match requirements of an ideal candidate.

Complete Confidentiality - Job seekers can trust their profile will not be discovered by their present employer, a headhunter or an unscrupulous individual surfing for personal information. Market10’s optional "locking" functionality allows job seekers to decide what information they want protected, such as their present job, and what they want divulged such as their contact information.

The Best Jobs/Best Companies - A job candidate will never see an outdated job listed on Market10 because employers must demonstrate their commitment by filling out a comprehensive job profile and remain actively engaged throughout the process. And the best companies are posting positions because they know they’ll save time and money finding the best match.

A Time, Money Saver - In as little as 15 minutes, a job seeker can enter or update their profile and be instantly matched to the best jobs with the best companies in the marketplace. Employers can just as easily post and update available positions. And Market10 will always be free for a job seeker, and employers only pay $2,000 U.S. when they make a hire.

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.