Global Insurance Leader Expands Commitment to Workstream Talent Management Solution with Multi-Year, $9-Million Dollar Program Extension

    Three Year Program Extension on Workstream Rewards Solution to Manage
Employee Performance Recognition

    BURLINGAME, CALIF., September 25 /CNW/ - Workstream Inc., (NASDAQ:   WSTM),
a leading provider of on-demand compensation, performance and talent
management solutions, today announced it has received a multi-year,
multi-million dollar program extension commitment from a global leader in the
insurance industry to leverage the Workstream Rewards on-demand solution. The
insurance industry leader extended their commitment from an annual to a three
year program to Workstream Rewards for its ease-of-use and system flexibility,
as well as the outstanding customer service delivered by Workstream.

    "Forward-looking companies understand the value of their most important
asset: the employees," said Deepak Gupta, President and CEO at Workstream.
"Recruiting, motivating and retaining employees are a primary challenge for
businesses of all sizes and across industries. Businesses that proactively
manage, recognize, and reward employees for superior effort will themselves be
rewarded in their financial performance."

    Workstream Rewards is a powerful, web-based application that streamlines
the process of designing and managing a company's incentive programs. All
management, redemption and reporting is available on-demand within Workstream
Rewards, enabling convenience and control not possible with manual systems. A
comprehensive employee recognition solution, Workstream Rewards also manages
product fulfillment, delivery, tracking, returns and invoice processing.

    About Workstream

    Workstream provides on-demand compensation, performance and talent
management solutions and services that help companies 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, Kaiser Permanente, Nordstrom and Wells
Fargo. For more information visit or call toll free

    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

For further information:

For further information: Workstream Inc. Gary Damiano, 650-340-4076

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