StepStone Positioned in the Leader's Quadrant in Leading Analyst Firm's 2008 E-Recruitment...

StepStone Positioned in the Leader's Quadrant in Leading Analyst Firm's 2008 E-Recruitment Magic Quadrant

Analyst Evaluation Based on StepStone's Completeness of Vision and
Ability to Execute
LONDON--(Business Wire)--
StepStone (OSE:STP), a leading global provider of on-demand talent
management solutions, headquartered in Europe, today announced it is
positioned in the 'Leaders' quadrant in Gartner, Inc's 2008 "Magic
Quadrant for E-Recruitment Software".

According to Jim Holincheck, author of this report, "Leaders in
the e-recruitment software market have products that can meet the
challenges presented by large, complex global organizations. These
vendors have strong track records, and demonstrate strong sales and
marketing execution. Typically, they have well-articulated strategies
that include an in-depth focus on talent acquisition (for example,
workforce planning, contingent workforce management, vertical markets
and geographic expansion) or a broader focus on talent management (for
example, performance management, succession management and
compensation management)."

"We're honored to be positioned by Gartner in the leader's
quadrant for e-recruitment software - our second analyst accolade in
recent months, following Bersin and Associates' awarding us the
highest rating for employee performance software," said Colin Tenwick,
Chief Executive Officer of StepStone. "In my opinion, having achieved
this level of success in a highly competitive talent management market
is a testament to our innovative technical approach and relentless
focus on delivering strategic value to customers who face the daily
challenges of recruiting, developing and retaining talent for some of
the world's most complex and diverse organisations."

About StepStone

StepStone was founded in Norway in 1996 and pioneered the
development of online recruitment. Today, StepStone is a leading
global provider of Total Talent Management Solutions providing a range
of on-demand services that enable companies to manage the entire
employee lifecycle, from initial attraction, through pre-hire online
recruitment, on-boarding and post hire performance management
including compensation management, skills and competency management
and employee training and development. Covering 13 European countries,
its portfolio of online properties allows recruiters to source
candidates quickly and effectively through individually focused
campaigns.

Thousands of organisations, including Aviva, Amey, Royal Bank of
Scotland, AXA, British Airways, Xerox and Fiat use StepStone's
products and services to help them recruit qualified staff globally.
StepStone was the only European-headquartered vendor to be recognised
as a 'Leader' by Gartner, Inc's "Magic Quadrant for E-Recruitment
Software, 2006" report and was awarded the highest rating in Gartner's
"MarketScope for Employee Performance Management Software, 2007".

About Gartner's Magic Quadrant

The Magic Quadrant is copyrighted June 10, 2008, by Gartner, Inc.
and is reused with permission. The Magic Quadrant is a graphical
representation of a marketplace at and for a specific time period. It
depicts Gartner's analysis of how certain vendors measure against
criteria for that marketplace, as defined by Gartner. Gartner does not
endorse any vendor, product or service depicted in the Magic Quadrant,
and does not advise technology users to select only those vendors
placed in the "Leaders" quadrant. The Magic Quadrant is intended
solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with
respect to this research, including any warranties of merchantability
or fitness for a particular purpose.

Brands2Life
Catherine Moran / Robin Grainger
Tel: +44 (0)20 7592 1200
stepstone@brands2life.com
or
Ian Clapp, Director of Investor Relations
Tel: + 44 7850 128094

Copyright Business Wire 2008