StepStone Announces strong Q1 performance across all parts of the business

StepStone today announces that strong demand for its services has continued across all parts of the business during the first quarter of 2007.

StepStoneís Online business has seen a consistent stream of new customers, high renewal rates for existing customers and significant new partnerships, driving record traffic and increased listings across all markets. Germany, The Nordics and Belgium have seen particularly high growth in invoiced sales with no drop-off in demand throughout the quarter.

StepStoneís Solutions business has added over 75 customers to its portfolio during the quarter, with both the e-recruitment and the wider talent management solutions portfolios (drawn from ExecuTRACK Solutions, acquired in January) experiencing strong growth. StepStone has also successfully integrated ExecuTRACKís existing partner network into its own partner programme, significantly extending its global reach.

Company highlights for the quarter

Sustained customer momentum: New customers acquired worldwide include:

o Hugo Boss, SCA, IBM EMEA, PricewaterhouseCoopers and Toyota Europe (international)
o Anglo-American, Euronext Liffe, Carphone Warehouse, Selfridges and Linklaters (UK)
o Merck, EnBW (Germany)
o EADS, GEFCO (France)
o BT Global Services, Europol (The Netherlands)
o NMBS-SNCB, Axis (Belgium)
o AstraZeneca, Moment (Denmark)
o Vodafone (Italy)
o DnB Nor (Norway)
o Telekom Austria, Mobilcom Austria, Palfinger (Austria)
o Severstal (Russia)

o Major public sector organisations secured during the quarter include the UKís Crown Prosecution Service, HM Prison Service and the London Borough of Hackney, and Swedenís Sundsvall Kommun

o Partner and business development:
o New reseller partners secured in Turkey and Poland
o Partnership agreement signed in Germany with IDGís Computerwoche magazine
o StepStone Network extended to cover 54 countries
o Growing leadership team:
o Bucky Couch appointed to lead StepStone USA
o Felippo Lorentini, former Sales Director for Monster Italy, appointed as Managing Director, Italy
o Ann Stapinsky, former Regional VP at Vurv Technology, appointed as North American VP of Sales
o Industry recognition - StepStoneís EasyCruit wins HR Management category at the Initiative Mittelstand Innovation Awards, Germanyís most prestigious industry awards for small to medium enterprises (SMEs)

Colin Tenwick, CEO, StepStone, commented: ìThe sustained momentum we are seeing across both business units demonstrates the continued demand for our portfolio of products and services. Having completed the acquisition of ExecuTRACK in January, we are now in a strong position to execute our total talent strategy, and cement our leadership across Europe and worldwide. The outlook for the remainder of 2007 continues to be encouraging.î

StepStone will report full financial results for the first quarter of 2007 on Wednesday 25th April, 2007.