XING AG Opens up Further Income Source with Marketplace

Job listings can be posted from 0.49 euros
• No minimum fees or fixed rates
• Cost controlling for employers with a click limit

Hamburg, October 11, 2007 – Since being launched in May 2007, XING Marketplace has established itself as a successful market for job listings. Now with the introduction of the new billing system for Marketplace offers, XING AG is opening up a new potential for additional income: Starting October 12, 2007, job listings on XING Marketplace will be billed according to a “pay-per-click” method. In contrast to traditional job portals, postings on XING will be charged at 0.49 euros per click each time they are viewed by users, as opposed to a lump sum for each individual job offer. This means that posters are only charged if members actually click on the offer; there is no minimum fee or fixed rate. In other words, posting offers on XING Marketplace is possible from 0.49 euros.

“Being able to post job openings on XING Marketplace has created a new channel for employers and recruiters to track down the right candidates in record time,” said Lars Hinrichs, Founder and CEO of XING AG. “With the integration of job listings into an international business network, now coupled with a performance-based billing model, we’re offering a real innovation, one that is to date unique on the market.” XING AG now has an online membership base totalling over 4 million business professionals, experts and managers from all over the world. XING members can post offers for other members on XING Marketplace. An intelligent algorithm then compares supply and demand, enabling members to view those job listings that best match the information on their profiles. Each Premium Member receives a total of 10 free clicks per month for job listings. XING Marketplace also provides employers with an overall cost controlling mechanism: Premium Members have the option of setting up a click limit. They can either limit the overall number of clicks to one job offer, or set a monthly limit for all offers. All XING members will continue to be able to view all job listings free of charge in future.

Cautionary note regarding forward-looking statements
This press release notice contains forward-looking statements concerning the operations, business development, membership growth and financial results of XING AG and/or the industry in which the Company operates. These forward-looking statements are generally indicated by terms such as “estimate”, “anticipate”, “expect”, “assume”, “intend”, “predict”, “plan”, “strive”, “should”, “could”, “would”, “will” and similar phrasing. Forward-looking statements contained in this press release, including assumptions, estimates and opinions by the Company or information provided by third parties, are based on the current plans, estimates, assumptions and forecasts, and may entail uncertainties and risks. A variety of different factors could lead to actual results, trends and conditions that differ significantly from the forward-looking statements contained in this press release. The Company does not assume any liability for this eventuality and cannot guarantee that the information upon which the forward-looking statements are based is correct and complete, nor is the Company, its subsidiaries and affiliated companies liable for the future correctness of the statements outlined in this press release. Information and statistics from external sources should not be interpreted as information and statistics that have been verified by the Company. The Company, its subsidiaries and affiliated companies are not obliged to update any forward-looking statements.

Contact:
Daniela Hinrichs
VP Corporate Communications
Gaensemarkt 43
20354 Hamburg
Tel. +49 40 419131-19
Fax +49 40 419131-11
press@xing.com

About XING:
XING makes your professional network an active part of your life. Far more than a directory of business contacts, XING enables its members to discover professional people, opportunities and privileges through its unique discovery capability and advanced contact management tools.

With the successful IPO of XING as the first Web 2.0 company to go public, XING AG has had a long-term impact on the social networking trend amongst professionals. By focusing on the target group 'business people worldwide', the company is able to offer tailored features, thereby making networking and contact management simpler. Besides Headquarters in Hamburg, XING AG is also represented with offices in Barcelona (eConozco, Neurona) and Beijing.
XING. Powering Relationships.

This release was published on openPR.