Smooth leadership transition at JobStreet, as it readies itself for take-off to the next level of growth

Released on = May 10, 2006, 7:21 am

Press Release Author = prhub

Industry = Human Resources

Press Release Summary = JobStreet.com India, a leading online recruitment player and
provider of recruitment management solutions, today announced that N Muralidharan,
Vice-president & Managing Director would be handing over the reins to Anand Iyer who
takes over as the CEO designate. N Muralidharan with close to three decades of
industry experience built JobStreet India to into the leading player in the
recruitment solutions space.

Press Release Body = JobStreet.com India, a leading online recruitment player and
provider of recruitment management solutions, today announced that N Muralidharan,
Vice-president & Managing Director would be handing over the reins to Anand Iyer who
takes over as the CEO designate. N Muralidharan with close to three decades of
industry experience built JobStreet India to into the leading player in the
recruitment solutions space.

Prior to joining JobStreet, Anand Iyer was Sales Director-Asia Pacific at American
Power Conversion Corporation (APC), a leading global datacenter solutions provider.
The transition at JobStreet India comes as it readies itself for a take-off to its
next level of growth.

Commenting on the leadership transition, Mark Chang, Founder & CEO, JobStreet
Corporation Berhad, said, "Since bringing JobStreet to India, Murali has done a
great job in building a stable business in India and one that is recognized as the
market leader. We are particularly happy that he is at this stage able to 'follow
the call' and pursue the goals he had set for himself some years ago. Murali will
continue to be associated with JobStreet as Director and Advisor," adding," We are
certain that Anand Iyer with his broad-based industry experience would steer the
company well in truly exciting times that are ahead both for the group and the
Indian operations."

Speaking on the transition N Muralidharan said," I am leaving to pursue things which
are close to my heart and which have not received the attention that they deserve. I
plan to be involved in academia and travel widely with family. The last six years
with JobStreet have been truly exciting and rewarding. I am quite confident that
Anand will take JobStreet to its next level of growth."

On his new responsibility Anand Iyer said, "I believe JobStreet India is in the
right place at the right time. With the Indian economy witnessing tremendous growth,
the job market is on a roll. This is one of the most exciting times ever for the
Indian recruitment market with such unprecedented momentum and increased global
attention. It is truly a great opportunity to be steering JobStreet at this
juncture."


Prior to his regional position, Anand Iyer was Country Manager-India, APC between
1999-2004. During his close to a decade long association with the company, he
contributed significantly in building APC as a leading brand in the UPS segment and
transformed APC into India's most credible provider of power protection solutions.
An engineer from IT-BHU, Anand is also a graduate from IIM Bangalore.

TV 18 Group recently signed a MoU with JobStreet to make a strategic investment in
the India operations.

JobStreet operates the JobStreet.com online recruitment websites covering the
employment markets in Malaysia, Singapore, India, Philippines and Indonesia. The
Group currently services over 20,000 corporate customers and 4.0 million jobseekers.
It is also a leading supplier of Applicant Tracking Solutions in the region.
JobStreet.com has a partnership with Seek.com.au for marketing job postings in
Australia & New Zealand. JobStreet is the only job portal in the region listed on a
Stock Exchange, MESDAQ in Malaysia (Ticker JOBS). Additionally it is a TRUSTe®
certified job portal, assuring privacy of the data gathered.

For further details contact Melissa/Sonia of PRHUB at melissa@prhub.com,
sonia@prhub.com , 22998141/3



Web Site = http://www.jobstreet.com, www.prhub.com

Contact Details = Sonia D'mello

PRHUB
#298, Subasri, A T Halli
Shanthi Nagar
Bangalore - 560027

Ph: 080 - 22483007/8, 22998141/3
Mobile: 9845084147

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