2007 Press Releases

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, CA, September 25, 2007 - 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 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