Workstream Debuts Next-Generation Talent Management Suite

    Industry's First Talent Management 2.0 Solution Suite Delivers "No
Boundaries" Product Unification, Built-in Analytical Dashboards and Out-of
the-Box Globalization

    BURLINGAME, CALIF., October 10 /CNW/ - Workstream Inc. (NASDAQ:   WSTM), a
leading provider of on-demand compensation, performance and talent management
solutions, today launched Workstream TalentCenter 7.0, a landmark suite of
talent management software that analysts are characterizing as the industry's
first "Talent Management 2.0" offering. Managed by Workstream in a
state-of-the-art data center and designed with a web services architecture,
TalentCenter 7.0 unifies best-of-breed talent management solutions from
Workstream enabled through a Web 2.0 user interface. TalentCenter 7.0 provides
built-in advanced analytics and dashboards, out-of-the-box multi-language and
multi-currency support, a common reporting engine, a common security
infrastructure, and user-definable, personalized workspaces. TalentCenter 7.0
was unveiled publicly for the first time today at the HR Technology conference
in Chicago, IL and will be released for general availability during the
current fiscal quarter ending November 30, 2007.

    "HR plays a strategic role and should adopt talent management that
transitions from discrete, tactical transactional HRMS to a unified suite of
applications like those Workstream delivers," said Mark Smith, CEO & EVP
Research at Ventana Research. "The requirement for an integrated and unified
talent management suite in a software as a service model that leverages
dashboards is what Workstream is delivering with TalentCenter 7.0, and sets a
new standard for the market."

    "Workstream TalentCenter 7.0 is a significant step forward in talent
management solutions!" said Deepak Gupta, President and CEO at Workstream.
"For the first time, customers can assess talent management from a global
perspective, via applications that are secure and easy to use, and which
enable executives and line-of-business managers to make intelligent and
relevant business decisions by interacting with data that is personalized,
configurable and actionable. Finally, business leaders will have visibility
into the interdependencies between talent management functions - a distinct
advantage when creating a pay-for-performance culture, competing for the best
employee candidates, improving workforce productivity and reducing loss of key
talent and expertise through attrition. Only Workstream has the vision,
product and ability to help customers achieve their global talent management
objectives," concluded Gupta.

    TalentCenter 7.0 is a web-based suite for talent management that unifies
all best-of-breed Workstream applications in a single on-demand offering.
Customers will benefit from a variety of new functionality and enhanced
usability, highlighted by the following:

    --  Out-of-the-Box Globalization - TalentCenter 7.0 offers built-in
support for 10 languages and multiple currencies, including languages such as
English, French, Italian, Spanish, German and double-byte language like
simplified Chinese.

    --  Unification - "No Boundaries" Cross-Module Integration - TalentCenter
7.0 provides a common reporting and user-interface layer for all Workstream
applications that far exceeds the basic integration capabilities of
competitive systems by eliminating the boundaries between talent management
modules. This improves effectiveness and productivity by providing managers a
single view of information across multiple talent management solutions like
compensation planning, performance management and competency management. The
improved and intuitive look-and-feel eliminates the need for training,
enabling company wide adoption and acceptance.

    --  Built-in Advanced Analytics and Dashboards - TalentCenter 7.0
delivers rich analytics and dashboards for enhanced decision-making, including
role-based views for staff at many levels. Executive dashboards quickly
identify key issues and highlight results, while line-of-business dashboards
and analytics support pay-for- performance and competency optimization

    --  Web 2.0-enabled User Interface - TalentCenter 7.0 provides a superior
end-user experience, with heavy use of Web 2.0 conventions such as dynamic
rollovers that improve usability. The new software is highly configurable to
accommodate specific customer as well as user needs (e.g., workspaces that can
be modified by the end user). Improved navigation provides high productivity
by ensuring fewer mouse-clicks for faster access to information.

    During a series of briefings with leading industry analysts and
customers, Workstream received overwhelmingly positive feedback on
TalentCenter 7.0, including these comments:

    --  "Version 7.0 is what we have been hoping for from talent management
vendors and Workstream is delivering!"

    --  "Other players in the talent management space have received attention
recently, but until seeing your v7 pitch I didn't fully appreciate how much
Workstream had grown and the focus you have at the high end of the
marketplace. Version 7 suggests a very impressive set of new capabilities,
particularly with respect to the BI and analytics functionality."

    --  "This is exciting. A lot of the next-generation features I am looking
forward to in advanced talent management software I see present in your

    To learn more about Workstream TalentCenter 7.0, visit or call us at 1-888-221-4005.

    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 and Wells Fargo. For
more information visit or call toll free 1-888-221-4005.

    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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