Workstream Launches On-Demand Solutions for Mid-market Businesses



    Levels Playing Field with Proven, Integrated Talent Management Suite,
Previously Available Only to Global 2000 companies

    Workstream Professional Recruitment, Performance and Development Designed
for Companies with Under 2,500 Employees

    BURLINGAME, CALIF., June 18 /CNW/ - Workstream Inc. (NASDAQ:   WSTM), a
leading provider of on-demand compensation, performance, and talent management
solutions today announced three new on-demand solutions - Workstream
Recruitment Professional, Workstream Performance Professional and Workstream
Development Professional - for midsized businesses. Traditionally a large
enterprise solution provider, Workstream is now broadening its product line to
aggressively target companies with between 100 and 2,500 employees. The new
Workstream solutions address a long-ignored need among mid-market companies
for on-demand human capital management solutions that can be deployed quickly
and work immediately out-of-the-box.

    "Midsized businesses have an urgent need to automate talent management
processes, improve compliance capabilities and most importantly, increase the
efficiency and effectiveness of their entire workforce," said Deepak Gupta,
President and CEO at Workstream. "Whereas other vendors offer niche solutions
that increase costs and reduce flexibility, Workstream is launching a fully
integrated suite of on-demand solutions to meet every company's talent
management needs. Also unlike niche solutions, Workstream Professional
solutions are based on the same product line being used today by Workstream
Global 2000 customers. The result is that midsized businesses can achieve the
same benefits that larger companies realize, including deep functional
products and freedom from burdensome, ineffective systems, enabling
organizations to focus more time on their most important assets - their
employees."

    Too many midsized businesses still manage HR processes manually, using
spreadsheets and paper documents to track critical information. Unable to
afford the high costs associated with implementing an integrated, automated
solution for compensation, performance or talent management, they miss out on
the opportunity to leverage the information they have to continuously improve
the return received from their employees.

    Workstream listened and responded to these issues with solutions that are
smart, simple and for the first 30 days, cost-free. After 30 days, the
solutions will be available to customers at a special introductory price for a
limited time. Because the solutions are delivered on-demand and seamlessly
integrated with one another, customers can expect fast implementation - often
in a matter of hours - and freedom from silos of disparate data and piles of
paper.

    "In order to compete, mid-sized businesses must focus on and refine
critical talent processes. When implementing software systems to automate
these processes, solutions must be easy to use, quick to deploy, and
competitively priced," said Josh Bersin, President of Bersin & Associates, a
research and advisory firm focused on enterprise talent management and
learning. "Workstream offers a series of on-demand products that meet these
needs - and also match the power and flexibility once available only through
high-end applications. With the on-demand model, the benefits of automating
compliance- and HR-related processes is within the reach of companies of all
sizes."

    What Customers Are Saying

    Workstream Professional solutions are based on the company's
industry-leading enterprise products that are used today by organizations
including American Express, Nordstrom, Washington Mutual and the Gap. Already,
a number of high-profile midsized businesses have deployed Workstream
solutions, such as EATELCORP, Halton Healthcare Services, Virgin Mobile
Canada, SAS Institute, William Blair & Company, Blitz USA and The TDL Group.

    "Workstream offers a variety of tools that are beneficial both to the
organization and the employee," said Shanda Daugherty, Project Manager at
Blitz USA. "Our organization utilizes the Workstream Development and
Workstream Performance solutions. Workstream Development offers opportunities
for self-motivated learning, in addition to being the catalyst for a lot of
manager/employee conversations about personal development. Workstream
Performance has opened up new possibilities for understanding the organization
as a whole, the cascading organizational goals, and personal performance for
each individual. Although we are still discovering the many innovative ways to
utilize these tools, the benefits are already apparent."

    "Workstream's recruiting solution was able to help us quickly and
effectively streamline our people management processes," said Lorraine Rohm,
Manager, Recruitment, at Halton Healthcare. "A critical component of the
success of our workforce development strategy was that Workstream delivered
its products on-demand in a SAS 70 Type II certified environment - so we know
the solution was secure, functionally rich and cost effective for our
organization."

    Workstream invites mid-market businesses to learn more about the new
Workstream Professional solutions - and the limited-time, cost-free offer - by
attending a series of upcoming Workstream podcasts and webinars. These
include:

    --  "Finally, A Smart, Simple, IT-free Mid-Market Talent Management
Suite," Tuesday, June 19; podcast; http://www.workstreaminc.com/midmarket

    --  "Key Trends in Mid-market Workforce Technology," Wednesday, June 20;
podcast; http://www.workstreaminc.com/midmarket

    --  "Workstream Professional - HR That's Smart. Simple.
Spreadsheet-free," Thursday, June 21 at 10:00 a.m. PDT; webinar;
http://www.workstreaminc.com/midmarket

    --  "Avoiding Common Talent Management Mistakes for Mid-Market
Businesses," Friday, June 22; whitepaper;
http://www.workstreaminc.com/midmarket

    Workstream Professional Solutions

    The Workstream Professional series includes performance management,
development planning and recruiting applications as well as highly trained
professional services to quickly implement the solutions. Key highlights of
the new applications include:

    --  Workstream Development Professional provides the most comprehensive
employee development solution available for midsized businesses, with key
features that include: Workstream's complete Competency Dictionary, with over
9,000 competences and over 400 job and role profiles; integrated development
planning; and a complete set of manager coaching tips and on-the-job
development steps.

    --  Workstream Performance Professional is the most complete and
configurable performance management solution on the market for midsized
businesses. Key features include a best-practices performance appraisal with
goal management, job responsibilities, competencies, an integrated link to the
employee's development plan, employee-manager comparison view, and a sign-off
and submission process. Workstream Performance Professional customers also
gain access to the complete Workstream Competency Library to reduce start-up
times and speed time-to-value.

    --  Workstream Recruitment Professional provides one of the most
affordable, quick to setup, and easy to use applicant tracking solutions
available. Key features include automated requisition management and candidate
management capabilities; powerful search and communication tools; support for
English and French languages; and a careers web site that leverages an
enterprise-class hosting environment.

    Later this year, Workstream will complete the suite of Workstream
Professional series on-demand solutions with Workstream Compensation
Professional, Pay-for-Performance Professional, 360-Assessment Professional,
Succession Planning Professional and Rewards Professional. All Workstream
Professional solutions are delivered "on-demand" with a Web 2.0 architecture,
the result of which is a set of cost-effective applications that are hosted
and maintained in a safe and secure SAS 70 Type II environment.

    To learn more about the Workstream Professional series of on-demand
solutions visit www.workstreaminc.com/midmarket or call us at 888-221-4005.

    About Workstream Inc.

    Workstream provides on-demand compensation, performance and talent
management solutions and services that help companies of all size manage the
entire employee lifecycle - from recruitment to retirement. Workstream's
TalentCenter provides a unified view of all Workstream products and services
including Recruitment, Performance, Compensation, Development and Transition.
Access to TalentCenter is offered on a monthly subscription basis under an
on-demand software delivery model to help companies build high performing
workforces, while controlling costs. With offices across North America,
Workstream services customers including Chevron, The Gap, Kaiser Permanente,
Motorola, Nordstrom, VISA and Wells Fargo. For more information visit
www.workstreaminc.com or call toll free 1-866-470-WORK.

    This press release contains forward-looking statements within the meaning
of the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995. These statements are based on the current expectations or beliefs
of Workstream's management and are subject to a number of factors and
uncertainties that could cause actual results to differ materially from those
described in the forward-looking statements. The following factors, among
others, could cause actual results to differ materially from those described
in the forward-looking statements: inability to grow our client base and
revenue because of the number of competitors and the variety of sources of
competition we face; client attrition; inability to offer services that are
superior and cost effective when compared to the services being offered by our
competitors; inability to further identify, develop and achieve success for
new products, services and technologies; increased competition and its effect
on pricing, spending, third-party relationships and revenues; as well as the
inability to enter into successful strategic relationships and other risks
detailed from time to time in filings with the Securities and Exchange
Commission.




For further information:

For further information: Workstream Kevin Wolf, 1-650-327-1641
kevin@toolguypr.com

Organization Profile

WORKSTREAM INC.

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