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JobsCentral in Malaysia Joins Forces with CareerBuilder, the Global Leader in Human Capital Solutions



CHICAGO - September 21, 2011 - Employers and job seekers in Malaysia will now have more opportunities to connect and greater access to exciting new services for recruitment and job search. JobsCentral announced it has been acquired by CareerBuilder, the global leader in human capital solutions with the largest job site in the United States. By joining forces with CareerBuilder, JobsCentral Malaysia is in a prime position to leverage global resources and cutting edge technology to underscore its position as a key player in its industry.

Since its launch in July 2009, JobsCentral has become Malaysia's fastest growing job portal with over 200,000 members.

"We are excited about the partnership with CareerBuilder. This will reinforce our quest to provide the latest innovations in recruitment and job search to our fast-growing employer and jobseeker communities in Malaysia," said Mr. Hee Kim Fah, chairman of JobsCentral Malaysia. "Our companies share similar values and we are both committed to delivering the best user experience."

Malaysia has a strong economy and job market and high Internet usage. Its gross domestic product is projected to grow above 5 percent in 2011, according to the Malaysian Institute of Economic Research. Its unemployment rate remains low at 3 percent, according to the Malaysian Labour Force Survey and its Internet penetration rate is estimated at nearly 60 percent, according to Internet World Stats.

"Malaysia is an ideal place for online recruitment and we're happy to be teaming up with a company that has established a strong and quickly growing presence in this important market," said Hunter Arnold, president of CareerBuilder Asia Pacific. "Our global market reach and services combined with JobsCentral's deep understanding of the Southeast Asia market will help to bring more resources to Malaysia's employers and job seekers as they build their futures."

CareerBuilder operates in 21 countries worldwide spanning the U.S., Europe, Canada and Asia.

About JobsCentral

JobsCentral is currently Malaysia's fastest-growing job portal with 15 million site page views a year and over 200,000 registered jobseekers. Providing a wide array of user-friendly features and services to jobseekers and employers, JobsCentral strives to be the leading job portal in the country. More than just a job portal, JobsCentral has a lively community via social media engagement and brings jobs to all iPads, iPhones and Android phones. For more information, visit www.jobscentral.com.my

About CareerBuilder®

CareerBuilder is the global leader in human capital solutions, helping companies target and attract their most important asset - their people. Its online career site, CareerBuilder.com®, is the largest in the United States with more than 24 million unique visitors, 1 million jobs and 40 million resumes. CareerBuilder works with the world's top employers, providing resources for everything from employment branding and data analysis to recruitment support. More than 9,000 websites, including 140 newspapers and broadband portals such as MSN and AOL, feature CareerBuilder's proprietary job search technology on their career sites. Owned by Gannett Co., Inc. (NYSE:GCI), Tribune Company and The McClatchy Company (NYSE:MNI), CareerBuilder and its subsidiaries operate in the United States, Europe, Canada and Asia. For more information, visit www.careerbuilder.com