2007 Press Releases

Enerplus Resources Fund Selects Workstream to Manage Compensation

Workstream Expanding Rapidly Into Mid-Market

Burlingame, CA, October 9, 2007 - Workstream Inc., (NASDAQ: WSTM), a leading provider of on-demand compensation, performance and talent management solutions, today announced that Enerplus Resources Fund, a $1.5 billion oil and gas trust out of Calgary, has signed a three-year deal to leverage Workstream Compensation Professional to manage compensation activities for its 500-person staff. Enerplus chose Compensation Professional, a foundation of the Workstream mid-market talent management suite, for its flexibility, intuitive user-interface, and enterprise-class functionality.

"Our growth and profitability required that we move to an enterprise-class compensation management solution," said Brien Perry, compensation manager at Enerplus Resources Fund. "We needed a system capable of accommodating the complex compensation and governance requirements that are inherent to publicly held companies, but that also would be easy to implement and use."

Compensation Professional will enable Enerplus to eliminate up to 40 spreadsheets it had had been using to manage employee compensation. By automating this critical financial process with Workstream, Enerplus compensation managers will realize time savings and benefit from a system that is 100-percent auditable, a key for public companies that must deal with regulatory requirements.

"Automated compensation management is a requirement for any business that is, or plans to be, public," said Deepak Gupta, president and CEO at Workstream. "Companies simply can not afford the exposure that comes with spreadsheet-based compensation management. We built Compensation Professional specifically for mid-market companies that have complex compensation requirements, but require the ease-of-use and flexibility that are known to accompany more light-weight solutions. Enterprise-class functionality at an affordable price makes Compensation Professional a perfect fit for the mid-market."

A number of high-profile businesses have deployed Workstream mid-market solutions since the company launched its suite in June, including Aspen Skiing Company and EMS SATCOM. Compensation Professional is a key component of the Workstream mid-market talent management suite, offering mid-size businesses a robust on-demand solution for total compensation planning. Key capabilities of the Compensation Professional solution include:

• Enabling HR to create a single, centralized compensation plan that includes salary, stock, and variable pay components
• Highly configurable, variable pay functionality that allows calculations based on multiple factors and is not "hard-coded"
• Providing managers a single, flexible planning screen where they can see and edit their plan information, view online analytics on their plan, compare guidelines for pay increases based on performance and other plan variables
• The "Advisor" function gives planning managers critical real-time information and advice about many common errors or issues that arise during the process, such as paying an employee over or under company guidelines

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 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.

Contact:
Gary Damiano
Workstream Inc.
Tel: 650-340-4076
gary.damiano@workstreaminc.com