PRESS RELEASE: 20 April 2005

TaxationWeb and eTaxJobs announce partnership

TaxationWeb (www.taxationweb.co.uk) and eTaxJobs (www.etaxjobs.com) have announced a strategic partnership today, with the aim of creating the World's largest tax jobs portal.

TaxationWeb is the UK's largest independent tax website, attracting over 40,000 tax professionals and general taxpayers. eTaxJobs was launched in January 2005 and, in only 5 months, has attracted over 800 tax jobs worldwide.

"With both sites being dedicated exclusively to tax, there is a clear synergy between our audience and our goals," comments Martino Matijevic, TaxationWeb's Marketing Director.

"We have already been featuring the Tax Jobs section on TaxationWeb for the past two years, but the addition of eTaxJobs means that we have multiplied the number of jobs on the site ten fold and eTaxJobs' worldwide perspective is in line with our plans for international expansion."

Because of its global reach, eTaxJobs has attracted recruitment companies such as Hays Taxation, Brewer Morris, BLT, ECHM and Marks Sattin in the UK, Execu|Search in the US, TaxVacancies.com in Australia and Korn Ferry/Futurestep, one of the World's leading headhunting firms. It also features international corporate clients such as Hilton Hotels Corporation, Ernst & Young, HMV, ACI Worldwide, Nintendo, Abercrombie & Fitch, Dominion and US Tax & Financial Services.

Chris Bale, eTaxJobs Sales Director adds: "We are delighted at the opportunity of working with TaxationWeb. They are a major player in the tax World and, importantly, are extremely well placed with search engines. They already account for over 60% of our overall traffic."

Mr Bale also notes that the success of eTaxJobs in Europe is partly due to the lack of competition: "there was clear demand in the market for a specialist tax job board in Europe. In fact the only other niche player focused purely on the US domestic market. Recruiters were fed up paying significant sums for hard-copy advertising with ever-decreasing response rates and the internet is the obvious medium for candidates and recruiters to meet."

"I believe that over the next few years Europe will inevitably follow the trend in North America, where employers rely primarily on job boards for experienced hire recruitment, to the detriment of paper-based advertising."

Later this year, eTaxJobs will be upgraded to be multi-lingual, allowing further expansion into Europe, South America and Asia. Another feature to follow will be a global chat room, allowing tax professionals to exchange information and ideas, cross-border.

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