Beyond.com, Inc. Expands Internationally
Leading Niche Career Community Reaches into Canada, Expands North American Footprint
PHILADELPHIA — November 8, 2007— Beyond.com, Inc., the world’s largest network of online niche career communities, announces a strategic international expansion into Canada, fueled by the company’s acquisition of JobAnimal.com, Inc. — Canada’s largest career network with close to 800 local and industry domains representing over 873,000 registered job seekers and more than 150 Canadian job sites. The move comes on the heels of Beyond.com’s recent acquisition of TechCareers.com from CMP Technology (see August 6 release) earlier this year.
The acquisition of JobAnimal.com enables Beyond.com to expand its reach into the international job market, delivering global services to new and existing customers as their needs continue to expand beyond U.S. borders. Based in Ottawa, Ontario the new Canadian operation provides employers with an extensive network of niche-specific Canadian job sites to help effectively target and recruit local, highly-qualified candidates. Job seekers also benefit from Beyond.com’s recent expansion through access to a number of job opportunities tailored specifically to their province or industry, as well as obtain a variety of career resources including: continuing education, resume writing help, career consultation and loan consolidation.
According to an October 5 Labour Force Survey release from Statistics Canada, Canada’s national statistical agency, Canada’s job market has been steadily growing, with the largest recent increases coming from educational services, public administration, scientific and technical services, and agriculture. The release goes on to report that so far in 2007, employment has grown by 1.7 percent, a rate of growth higher than that observed over the first nine months of 2006 (1.3 percent).
“Our expansion into Canada marks the first step in a phased approach to broaden our network and realize additional opportunities at home and abroad,” said Rich Milgram, CEO of Beyond.com, Inc. “Our Canadian presence will provide a level of data and resources for job seekers and employers alike to utilize from our rich network for better connections and job matching. We’re thrilled to further expand our business in North America and look forward to more successes to come.”
About Beyond.com, Inc.
Beyond.com, Inc. is the world’s largest network of online niche career communities, powering more than 15,000 geographic and industry-specific sites. We are dedicated to helping business professionals, corporations and vertical communities connect with each other by providing relevant career search services, networking tools and portal software solutions. The Beyond.com Network attracts a niche audience of job seekers, professionals and corporations and delivers quality, targeted results through a multitude of online media and advertising models, including: recruitment advertising, email marketing, banner advertising and other lead generation vehicles.
Beyond.com is named to Inc. Magazine’s prestigious ‘Inc. 500’ list of the fastest growing private companies in 2007 and is a Safeguard Scientifics partner company. www.Beyond.com
About Safeguard
Safeguard Scientifics, Inc. (NYSE: SFE), a holding company, builds value in growth-stage technology and life sciences businesses. Safeguard provides growth capital as well as a range of strategic, operational and management resources to their partner companies. Safeguard participates in growth buyout financings, including corporate spin-outs and management buyouts, expansion financings, industry consolidations and early-stage financings. www.Safeguard.com
