Jason Goldberg appointed vice chairman of the board

SEATTLE – December 14, 2007 – Jobster, the career network for the digital generation, today announced that Jeff Seely has been appointed chief executive officer.

Seely, 53, joins Jobster from Bellevue, WA based ShareBuilder Corporation where he served as CEO from 1998 until the sale of the company to ING Direct, which closed on November 15, 2007.

Seely succeeds Jobster founder Jason Goldberg who led the CEO search process and who will transition to the role of vice chairman of the board of directors. “Jeff was our first choice to take the reins at Jobster. He has successfully taken a company from successful startup to highly profitable venture and that is exactly the kind of leadership we need to take Jobster to that next level,” said Goldberg.

Jason Goldberg had served as CEO of Jobster since founding the company in 2004. Goldberg departs his role as Jobster CEO to pursue other early stage ventures. “Under Jason’s leadership, an idea for helping connect employers with valuable audiences of job candidates has now blossomed into a rapidly growing, multi-million dollar revenue company with thousands of customers and millions of users,” said Jobster board member John Connors of Ignition Partners. “Jason will continue to be invaluable to Jobster from his board seat where he will provide critical industry insights, strategic vision, and company representation.”

“Jeff has a strong track record of effectively and efficiently making great ideas operational. At ShareBuilder, Jeff took the company from product launch to more than $50 million in revenue while serving the needs of millions of consumers, which parallels what Jobster is building,” added Connors, “Jeff will apply his learnings from ShareBuilder to what Jobster is building and provide insights that will help Jobster avoid some of the pitfalls that come with distributing technology and content to power other sites.”

Prior to ShareBuilder, Seely served as a senior investment banker at Robertson Stephens & Co., a global securities and investment banking firm. Seely also held senior banking positions at Dean Witter Reynolds and Smith Barney.

Seely commented on why he chose Jobster, “I wasn’t planning to immediately join another company after leaving ShareBuilder, but when I met the Jobster leadership team and gained an understanding of where Jobster is heading, I saw an exciting opportunity in a large and growing industry.”

Seely holds a bachelor of arts degree from St. Lawrence University and a master's degree in business administration from Columbia University Graduate School of Business. He is a frequent speaker at executive forums and industry conferences. Seely is a Director of the National Association of Corporate Directors NW. He is a trustee on the Washington State Investment Board, which oversees more than $80 billion of pension assets for state employees. Seely also serves on the board of Concur Technologies.

About Jobster
Founded in 2004, Jobster is the online career network for the digital generation. Millions of individuals use Jobster to connect with people, information, and opportunities to further their careers. The Jobster Career Center can also be found on Facebook. Thousands of employers contract with Jobster to connect with valuable audiences, including more than 15 percent of the Fortune 100. Jobster is backed by industry-leading investors Ignition Partners, Trinity Ventures, Mayfield Fund and Reed Elsevier Ventures. For more information, visit www.jobster.com.

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Christian Anderson
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christian.anderson@jobster.com