2007 Press Releases

Workstream Announces General Availability of TalentCenter 7.0

Recognized by Industry Pundits as Next Generation On-Demand Talent Management Solution Delivering Superior End-User Experience, Built-in Analytic Dashboards and Out-of-the-Box Globalization

Burlingame, CA – November 30, 2007 - Workstream Inc. (Nasdaq: WSTM), a leading provider of on-demand compensation, performance and talent management solutions, today announced the general availability of Workstream TalentCenter 7.0, the HR industry’s most comprehensive and advanced suite of on-demand talent management solutions for large and global organizations.

TalentCenter 7.0 – widely regarded as the HR industry’s first "Talent Management 2.0" offering – has gained instant popularity among press and pundits, many of whose comments can be found at http://www.workstreaminc.com/company/news_press_room.asp.

According to the SystematicHR.com blog Tactical Talent Management Becomes Strategic published on October 31, "Talent suites are also getting much more integrated. Take Workstream’s newest release that brings their entire suite together through a single reporting tool. The ability to report cross functionally used to be the domain of the ERP world, but developments like this in the SaaS talent marketplace provide more strategic viewing of the organization by allowing more detailed cuts of data than previously possible."

"TalentCenter 7.0 is nothing short of an inflection point for the HR industry," said Mike Gioja, CIO and Executive Vice President of Products & Services at Workstream. "The combination of advanced business intelligence capabilities, a Web 2.0 user interface and an on-demand architecture firmly establishes TalentCenter 7.0 as the leading talent management suite. Businesses seeking to maximize their return on investment in talent management and related compensation and performance programs can leverage TalentCenter 7.0 today." Unveiled publicly for the first time last month at the Human Resource Executive’s HR Technology Conference & Exposition, TalentCenter 7.0 unifies best-of-breed talent management solutions from Workstream including out-of-the-box multi-language and multi-currency support, a common reporting engine, a common security infrastructure, and user-definable, personalized workspaces. Enhancements include:

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 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 reduces 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 initiatives.

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 and improved navigation enhances productivity by ensuring fewer mouse-clicks for faster access to information.

"We are very excited about the general availability of Talent Center 7.0 because nobody else in this industry can deliver the breadth and depth of functionality and user experience," said Deepak Gupta, President and CEO at Workstream. "This positions Workstream ahead of other solution providers in the industry and represents a significant milestone for Workstream."

To learn more about TalentCenter 7.0, visit www.workstreaminc.com or call 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 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 more information contact:
Gary Damiano
Workstream Inc.
Tel: 650-340-4076
Email: gary.damiano@workstreaminc.com