London, June 19, 2008 — StepStone, a leading global provider of on-demand talent management solutions, headquartered in Europe, today announced it is positioned in the 'Leaders' quadrant in Gartner, Inc's 2008 "Magic Quadrant for E-Recruitment Software”.

According to Jim Holincheck, author of this report, “Leaders in the e-recruitment software market have products that can meet the challenges presented by large, complex global organizations. These vendors have strong track records, and demonstrate strong sales and marketing execution. Typically, they have well-articulated strategies that include an in-depth focus on talent acquisition (for example, workforce planning, contingent workforce management, vertical markets and geographic expansion) or a broader focus on talent management (for example, performance management, succession management and compensation management).”

“We’re honored to be positioned by Gartner in the leader’s quadrant for e-recruitment software – our second analyst accolade in recent months, following Bersin and Associates’ awarding us the highest rating of a European-based vendor in the Talent Management Suites report” said Colin Tenwick, Chief Executive Officer of StepStone. “In my opinion, having achieved this level of success in a highly competitive talent management market is a testament to our innovative technical approach and relentless focus on delivering strategic value to customers who face the daily challenges of recruiting, developing and retaining talent for some of the world’s most complex and diverse organisations.”

About StepStone

StepStone was founded in Norway in 1996 and pioneered the development of online recruitment. Today, StepStone is a leading global provider of Total Talent Management Solutions providing a range of on-demand services that enable companies to manage the entire employee lifecycle, from initial attraction, through pre-hire online recruitment, on-boarding and post hire performance management including compensation management, skills and competency management and employee training and development. Covering 13 European countries, its portfolio of online properties allows recruiters to source candidates quickly and effectively through individually focused campaigns.
Thousands of organisations, including Aviva, Amey, Royal Bank of Scotland, AXA, British Airways, Xerox and Fiat use StepStone's products and services to help them recruit qualified staff globally. StepStone was the only European-headquartered vendor to be recognised as a ‘Leader’ by Gartner, Inc’s "Magic Quadrant for E-Recruitment Software, 2006” report and was awarded the highest rating in Gartner’s “MarketScope for Employee Performance Management Software, 2007”.

About Gartner’s Magic Quadrant

The Magic Quadrant is copyrighted June 10, 2008, by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Contacts

Catherine Moran / Robin Grainger
Brands2Life
stepstone@brands2life.com
Tel: +44 (0)20 7592 1200

Ian Clapp, Director of Investor Relations
Tel: + 44 7850 128094