onTargetjobs Announces Acquisition of RegionalHelpWanted.com

FORT WORTH, TX, February 8, 2008 – onTargetjobs, the leading niche Internet job board company, announced today its acquisition of RegionalHelpWanted.com, a network of over 350 geographically focused Internet job boards.

onTargetjobs is the parent company of BioSpace.com, Hcareers.com, HEALTHeCAREERS.com, MedHunters.com, JobLoft.com and CareerBank.com, providing online career services to the biotechnology, pharmaceutical, hospitality, restaurant, healthcare, accounting and finance markets. RegionalHelpWanted offers the next wave of local advertising opportunities for employers through geo-specific Web portals heavily promoted through partnerships with over 2,000 local radio stations throughout North America. RegionalHelpWanted.com was represented by RBC Daniels in the transaction.

The acquisition of RegionalHelpWanted.com strengthens onTargetjobs’ position in the niche industry Web-based employment market, as Web-based “local” markets continue to grow in popularity as viable communities of job candidates. onTargetjobs offers staffing professionals and hiring managers the unique ability to reach with a high degree of specificity communities of industry and geographically-based candidates through a “1-Stop Contract” covering job postings, candidate databases, Web banners, electronic newsletters, career fairs, and other efficient and effective mediums.

“onTargetjobs is pleased to announce the acquisition of RegionalHelpWanted.com, as it helps to deliver with increased precision qualified candidates to businesses of all sizes,” said Allen Paschal, CEO of onTargetjobs. “As the effectiveness and popularity of niche Internet communities and employment sites grow to rival the larger horizontal job boards, the addition of RegionalHelpWanted.com’s geo-targeted audience diversifies and strengthens onTargetjobs’ value proposition to its existing industry-focused client base.”

Eric Straus, CEO of RegionalHelpWanted.com offered, “onTargetjobs was the partner of choice for us as they understand the niche job industry as well or better than any other company, and the complementary fit between both organizations is what set them apart. They are leaders in their field and the localization that we bring to them will allow for best of breed advertising solutions for the entire recruitment industry.”

Read more about onTargetjobs at www.ontargetjobs.com

About onTargetjobs

onTargetjobs (www.ontargetjobs.com) is the parent company of BioSpace.com (www.biospace.com), Hcareers.com (www.hcareers.com), HEALTHeCAREERS.com (www.healthecareers.com), MedHunters.com (www.medhunters.com), JobLoft.com (www.jobloft.com) and CareerBank.com (www.careerbank.com), providing online career services to the biotechnology, pharmaceutical, hospitality, restaurant, healthcare, accounting and finance markets.

onTargetjobs invests in leading niche internet job sites, serving a defined geographic or vertical industry or job function.

About RegionalHelpWanted.com

RegionalHelpWanted.com (www.regionalhelpwanted.com) owns and operates over 350 local job boards across the U.S. and Canada in strategic alliances with local broadcasters.

I am delighted to announce that JobLoft.com was given the 2007 Impact Entrepreneur of the Year award at the Impact Leadership Conference. The team over at Impact ran an amazing event and it was truly an honour to be in attendance. The night was topped off with a keynote speech by Canadian Billionaire Michael Lee-Chin that instantly resulted in a standing ovation.

The Impact Leadership Conference is the premier student entrepreneurship event in Canada. The conference attracts the best and brightest university, college, and high school students from the leading academic institutions. Student leaders with a passion for entrepreneurship and business gather in downtown Toronto to learn, discuss, and network with their peers and distinguished members of the business community.

Hcareers’ parent company onTargetjobs acquires JobLoft.com

Acquisition positions Hcareers as number one recruitment solutions provider for hospitality industry worldwide

Vancouver, Canada, October 29, 2007 – Hcareers, the leading online job board for the hospitality industry worldwide, announced today that its parent company, onTargetjobs, has acquired the assets of JobLoft.com, a cutting edge hospitality and retail job board located in Toronto, Canada. The combined companies now hold the number one spot as the dominant provider of online recruitment solutions for the hospitality industry.

The addition of JobLoft.com into the onTargetjobs family of job boards reaffirms onTargetjobs’ commitment to hospitality recruitment professionals and jobseekers worldwide, both in the hourly and managerial markets. JobLoft.com’s concentration on the hourly jobseeker looking for local jobs coupled with Hcareers’ worldwide reach and industry presence enables Hcareers to provide a more holistic solution to its hospitality, restaurant and foodservice clients.

JobLoft.com’s state of the art technology platform and rich Web 2.0 functionality provide the ultimate user experience. Using JobLoft.com, jobseekers can find employment opportunities in their community, and then have them visually displayed using Google Maps’ technology. JobLoft.com’s technology applications fit perfectly with onTargetjobs’ dedication to giving the hospitality industry jobseeker the opportunity to find the most suitable job to fit their needs and experience level.

“This is such a great move for the hospitality industry as a whole,” said Chris Nguyen, CEO of JobLoft.com. “Our loyal following in the hourly job seeker space is going to flourish from this new ownership as we’ll now be able to expand the opportunities available to job seekers in their own communities”

Since 1998, Hcareers has been providing the hospitality industry with an online job board specifically targeted to the industry. Job openings are delivered to the ever-expanding Hcareers network of partner career centers, including those of the national, provincial and state hospitality and restaurant associations, bizjournals’ regional business journal websites and the International CHRIE member schools, which comprise the bulk of the culinary management and hotel management schools worldwide.

“We are ecstatic to be able to have the JobLoft team join our family and together with the existing Hcareers product offering, we will leverage the excellent technological advancements that JobLoft offers the hourly hospitality and retail marketplaces,” said Allen Paschal, CEO of OnTargetjobs. “With name brand clients such as Starbucks, Wal-Mart, Hudson’s Bay Company, and Sobeys, JobLoft has developed an excellent reputation within the industry.”

For more information on Hcareers visit www.hcareers.com, for onTargetjobs visit www.onTargetjobs.com and for JobLoft.com visit www.jobloft.com.

About Hcareers
Hcareers is the leading job board for the hospitality and restaurant/foodservice industries. A unit of onTargetjobs out of Fort Worth, Texas, Hcareers is known for being the leader in providing industry-specific online recruitment solutions with the most relevant jobs and job seekers in their niche market and has rapidly become the number one choice for both job seekers and employers in the hospitality and foodservice industry worldwide. For more information about Hcareers’ online recruitment solutions, visit http://www.hcareers.com/.

About onTargetjobs
onTargetjobs is the parent company of Applied Recruitment Technologies (HEALTHeCAREERS.com), Hcareers, CareerBank.com, BioSpace.com and MedHunters.com and provides online career services to the accounting, biotech, finance, insurance, healthcare, insurance, pharmaceutical, hospitality and restaurant markets. onTargetjobs invests in leading niche Internet job sites, serving a defined vertical industry or job function. The company’s operating philosophy is to invest in strong management teams who continue to operate the acquired company, with onTargetjobs assisting through capital, consultative and other resources to enable accelerated company growth. OnTargetjobs is in partnership with Warburg Pincus, one of the oldest and largest private equity firms in the world with approximately $13 billion under management. For more information about onTargetjobs’ online career services, please visit http://www.onTargetjobs.com/.

About JobLoft.com
JobLoft.com is an online job board that lists retail, food services and hospitality postings based on geographic proximity. By entering a Canadian postal code, users can view nearby job postings using Google Maps software. After seeing the inefficiency of the traditional job search process, JobLoft.com’s founder teamed up with his classmates to make his vision a reality. To learn more about JobLoft’s online job board, please visit http://www.jobloft.com/.

Great news in the JobLoft world!

We are proud to announce that JobLoft.com has partnered with Canada’s top social community website Nexopia.com for the summer. Utilizing JobLoft’s technology, we will power their job board with our current job postings. With the evolution of social community websites (MySpace, Friendster, Facebook, etc), we can now leverage the right demographic to fill Retail, Food Service and Hospitality positions faster!

Why Nexopia.com?

Nexopia.com Canada’s largest social community website. Over 95% of its users are Canadian and the site has become quite popular in western Canada, with over 1,000,000+ member.

See for yourself: www.nexopia.com

MAKING IT BIG

“Meet the next generation of successful Canadian businesspeople. With a little help from a national charity, these young entrepreneurs are taking chances, dreaming big and reaching for the stars. Remember these names, because these are the ones to watch.”

By: Emily Wexler

June/July 2007 City Life Magazine

Enjoy!

Click here to view the article!

Sheena’s place is a wonderful organization that is building hope and support for people with eating disorders. We are fortunate with the opportunity to sponsor an amazing event that is coming up on June 11 2007. “Kevin Clark – Skinny Dipping and other fun” is an event that will bring together 350 jazz fans for a musical night in town.

Below is our print advertisement that was created for Sheena’s Place. Kudos goes out to our intern Jonathan Cheng for creating this wonderful ad (see Jonathan, I told you that I’d give you a shout out! )

For more information on this event click here.