Beyond.com Announces Acquisition of Career Site JobCircle.com

Beyond.com Announces Acquisition of Career Site JobCircle.com

Expands Its Social/Employment Platform in Mid-Atlantic Region with well-known brand

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- Beyond.comInc., The Career Network, today announced the acquisition of strategic assets of Human Capital Solutions, LLC (d/b/a JobCircle.com), through its subsidiary Career Management Solutions, LLC. JobCircle.com is a leading online job portal for employers and job seekers in the Mid-Atlantic region of the U.S. The acquisition enables Beyond.com the opportunity to expand The Career Network online with virtual career fairs and offline with live career events in several markets, including the Tri-State area (PA, NJ, and DE) and the IT vertical market.


JobCircle.com provides its 1.3 million registered members with an array of tools to simplify job posting and candidate search processes. Founded in 1998, it's best known for developing and producing targeted career fairs and events tailored to more than 18 industry categories.

"While employers and job seekers are increasingly interacting through our online channels, we recognize that a large part of the hiring process takes place face-to-face," said Rich Milgram, CEO of Beyond.com. "Today's acquisition demonstrates our ongoing commitment to streamlining the hiring cycle for our employers while providing our more than 25 million members with comprehensive products and services that help them create smart and valuable connections."

As a result of this acquisition, Joe Stubblebine, CEO and co-founder of Human Capital Solutions LLC, will be joining Beyond.com as Vice President of Corporate Outreach.

"Partnering with Beyond.com gives us the opportunity to bring our proven track record of developing engaging recruitment and enrichment events to a much larger audience," said Stubblebine. "We're excited to join one of the true leaders in the HR and career development industry."

About Beyond.com, Inc.

Beyond.com, The Career Network, is focused on helping people grow and succeed professionally. By connecting job seekers and employers through 70 unique career channels and 3,000 industry and regional communities, we are changing the way job searching is done and helping people build relationships around the world. Through powerful communication tools and a personalized online Career Portfolio, members have a 24/7 online presence and access to job search functions, networking features, statistics and social and industry research. Beyond.com was named to Inc. Magazine's prestigious 'Inc. 500' list and is a Safeguard Scientifics, Inc. (NYS: SFE) portfolio company. www.Beyond.com.

About JobCircle.com

JobCircle.com is the Mid-Atlantic's largest non-newspaper affiliated Internet job board. It is a regional award-winning online recruitment destination that provides career fairs, content and community to both recruiters and job seekers. JobCircle.com currently focuses its operations in CT, DC, DE, OH, MD, NY, NJ, PA, VA and WV.



Media:
Makovsky + Company
Konajilo Luseni, 212-508-9684
kluseni@makovsky.com

KEYWORDS:   United States  North America  Pennsylvania

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