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Marle approaches Jobshark - 10/2000

Key stake in JobShark corporation to move

UK based seed-corn Venture Capital company, Marle Group, has confirmed it is considering seriously an approach for its key stake in JobShark Corporation, the largest recruitment site in Canada and a growing force in South America. Together with their UK and Ireland presence the JobShark global network has nearly 550,000 registered jobseekers and receives over 250,000 unique visits each month.

In June Bain & Co, the international management consultants, with the Toronto Globe and Mail voted JobShark.com in the top 20 of all websites in Canada.

Ian Wootton of Marle said we invested seed corn capital in JobShark when it only operated in Toronto. Today it is established on three continents. It is the right time for a more substantial player to take the business forward

Just last week JobShark Corp announced the launch of JobShark into four new South American countries and Mexico jointly with El Sitio, the Nasdaq listed, Spanish speaking, portal.

www.jobshark.com