Company Info

Company Overview

Contact Information

Work at Net-Temps

Press Releases

Privacy Statement


Terms of Use



For Recruiters

Products & Services




For Job Seekers

Member Information

Career Advice


Net-Temps Keywords



Promotional Opps

Job Posting Network

Media Placement


About Net-Temps

Press Releases

Project Marketplace Continues Skyrocketing Growth
North Chelmsford, Mass., January 12, 2000 - Net-Temps, the contract employment portal of the Internet, and WorkExchange, the largest networked marketplace for work, today announced Net-Temps has joined the WorkExchange network.

The nature of work is changing rapidly. Businesses are migrating their work from permanent employees and internal projects to temporary workers and outsourced projects. The US Census Bureau estimates that there are 7.5 million freelancers in the US, and outsourcing has grown to a multi-billion dollar industry. WorkExchange serves this growing industry by enabling employers to interact and transact with the largest pool of talented freelancers online.

"This partnership represents a substantial enhancement for Net-Temps' 7000 staffing agency subscribers, providing them an increased pool of contract opportunities for their candidates," said Net-Temps president and co-founder, Gregg Booth. WorkExchange can be found on the Net-Temps site in the Job Seeker and Recruiters Desktops.

"WorkExchange will greatly expand Net-Temps' product and service offerings, allowing Net-Temps' members to access the world's largest marketplace for finding, securing and managing work," said Jason Salgado, CEO and Co-Founder of WorkExchange.

WorkExchange has grown to be the largest marketplace for work with over 30 partners and 20,000 members by employing a unique business model. Unlike a destination site, users access the WorkExchange marketplace through co-branded gateways from its partners' websites, forming a super-exchange. Each time a website links to the WorkExchange network, it pools its employers and freelancers into a massive networked marketplace, increasing the number of opportunities and the value of the network dramatically. As a result, WorkExchange has been able to quickly aggregate the Internet's highly fragmented project work market into a single networked exchange.

Benefits for Employers and Freelancers WorkExchange enables job seekers to access work opportunities across multiple network partner sites, select and bid on the most appealing ones, and manage those projects online. Job seekers can also create a personal profile including a portfolio of best projects, build a personal brand and establish a reputation through the WorkExchange rating system.

Employers can post projects, manage an outsourced workforce, reach the entire world of job seekers on the web, and hire the best freelancer for the project they are trying to staff. WorkExchange helps employers choose the candidates best suited to deliver their projects both on time and to specifications.

Finding, Securing and Managing Work When an employer posts a project on WorkExchange, they can 1) use WorkExchange's proprietary matching engine to select the best-qualified freelancers and alert them to bid on the project, or 2) search the freelancer profiles and invite only selected freelancers to bid on the project. After receiving bids from interested freelancers, the employer can choose one based on their skills, cost for services or their estimate of how long it will take to complete the project. Both parties can use WorkExchange's tools to manage projects including messaging and file sharing to communicate with one another and complete the project.

WorkExchange is adding back office and community services for freelancers including tax and legal advice, medical benefits, 401K services, professional memberships and on-line training. In the future, WorkExchange will make the natural move to broaden its network, enabling its partners to also offer a super-exchange for temporary and long-term staffing.

About WorkExchange WorkExchange ( is the first super-exchange for work, linking its partners to form the largest networked marketplace on the Internet. Through the WorkExchange network, employers and job seekers can find, secure and manage project work online.

Dynamically linking over 30 partners including portals, job sites, staffing agencies and small business sites, WorkExchange has gained critical mass through a unique business model that aggregates the fragmented online project markets into a central exchange for qualified job seekers and employers. Based in Santa Clara, California, the company was founded in 1999 and is funded by Draper Fisher Jurvetson and Audrey MacLean.

Net-Temps is ranked the number one online job posting board specializing in contract professionals and is consistently ranked in the top 10 Websites with job postings based on traffic by Media Metrix and Neilson Net Ratings. Net-Temps job posting service provides an effective means for staffing agencies, human resource professionals and small business executives to take advantage of electronic recruiting. Hundreds of thousands of job seekers post resumes and search for jobs at no cost. Jobs are organized into industry-specific employment channels making it convenient to inquire about available positions and apply on-line. Further information about Net-Temps is available at