Empresas y finanzas

Salary.com(TM) Acquires ICR Limited, L.C. - A Premier Provider of Compensation Data for the Specialty Consumer Goods and Global Technology Industries



    Salary.com, Inc. (Nasdaq:SLRY), a leading provider of on-demand
    compensation management solutions, announced that it has acquired ICR
    Limited, L.C. and ICR International Ltd. (ICR), a premier provider of
    specialty consumer goods and global technology compensation data and
    software. ICR will operate as a division of Salary.com, Inc. and will
    continue to offer enterprise customers:

    1) IPAS(R) - the largest single source of international technology
    compensation data and software, including all relevant job titles in
    over 70 countries.

    2) ICR Specialty Consumer Goods - a leading source of U.S.
    compensation data for Apparel, Footwear, Luxury Goods and Specialty
    Retail jobs.

    This acquisition complements Salary.com's portfolio of on-demand
    compensation management software suites including CompAnalyst(R) -
    market pricing data and software, and TalentManager(TM) -
    pay-for-performance software.

    Under the terms of the agreement, Salary.com will pay ICR's three
    equity holders a total of $10 million in cash. The three founders and
    ICR staff will become employees of Salary.com, with the acquisition
    expected to be accretive to cash flow for Salary.com in the fiscal
    year ending March 31, 2008.

    "The acquisition of ICR supports our strategy to provide market
    leading compensation data and technology to help our customers make
    competitive decisions about pay in order to attract, retain and reward
    top talent," said Kent Plunkett, Chief Executive Officer of
    Salary.com. "ICR's offerings complement the foundation that Salary.com
    has built. Both companies share similar long term vision, deep domain
    expertise in compensation and a passion for technology innovation.
    Both companies were founded to improve the effectiveness of our
    client's compensation spend and minimize the risks around human
    capital investments. Together, we will continue to provide
    best-in-breed solutions that improve compensation decision-making and
    make our customers winners in the war for talent."

    ICR was founded in 1995 by Joe Duggan, John Cunnell and Roger
    Sturtevant, compensation professionals each with over 15 years of
    experience at leading technology companies such as Data General
    Corporation (now EMC) and The Kendall Company. In 1997, ICR launched
    IPAS, the first global technology survey with consistent job
    benchmarks across multiple countries with premier participants from
    over 70 countries - available in a single, easy-to-use interface. IPAS
    offers comprehensive market data for established technology markets,
    such as the United Kingdom, France, Germany, Japan, Australia and
    Singapore, as well as emerging technology markets including India,
    China, Brazil, and the Czech Republic.

    "IPAS was developed to help customers design and execute global
    pay strategies, quickly, easily and cost-effectively. This unique
    product allows users to benchmark a job around the world using a
    single system, the same methodology and the same participants. IPAS
    attracts the top names from all sectors of the technology industry.
    This premier customer base generates robust volumes of reliable data
    accessible via a state-of-the-art on-demand system," said Joseph
    Duggan, Founder and President of ICR.

    "Salary.com shares our vision for innovative product solutions,"
    said Duggan. "We're taking the power of IPAS and its extensive
    database and leveraging Salary.com's product development and sales
    strength to expand our customer reach, marketing effectiveness and
    product functionality."

    "By combining the people and products of ICR with those of
    Salary.com, we will be creating even better resources for our
    enterprise clients," said Bill Coleman, Salary.com's Chief
    Compensation Officer. "We will be able to provide our customers with
    expanded data capabilities, advanced pay analytics - all accessible
    via affordable on-demand services. Together, we will continue to
    provide innovative, practical and cost-effective compensation
    solutions to enhance our customers' decision making and overall
    productivity."

    About Salary.com, Inc.

    Salary.com is a leading provider of on-demand compensation
    management solutions helping businesses and individuals manage pay and
    performance. Salary.com provides companies of all sizes comprehensive
    on-demand software applications that are tightly integrated with its
    own proprietary compensation data sets, thereby automating the
    essential elements of the compensation management process and
    significantly improving the effectiveness of its client's compensation
    spend. For more information, visit www.salary.com.

    About ICR Limited, L.C.

    ICR is a leading provider of industry-specific market intelligence
    for employee pay and benefits for the global technology and specialty
    consumer goods markets. ICR provides the highest caliber salary
    surveys and participants for the technology and consumer goods
    industries, and offers specialized expertise in sales compensation
    models, salary structures, and international reward strategies. ICR
    helps companies of all sizes establish salary and compensation
    programs that efficiently attract, retain, and motivate employees. For
    more information, visit www.icrltd.com

    Forward Looking Statements

    This release contains "forward-looking" statements that are made
    pursuant to the Safe Harbor provisions of the Private Securities
    Litigation Reform Act of 1995. These are statements that are
    predictive in nature, that depend upon or refer to future events or
    conditions, or that include words such as "may," "will," "expects,"
    "projects," "anticipates," "estimates," "believes," "intends,"
    "plans," "should," "seeks," and similar expressions. This press
    release contains forward-looking statements relating to, among other
    things, Salary.com's expectations and assumptions concerning future
    financial performance. Forward-looking statements involve known and
    unknown risks and uncertainties that may cause actual future results
    to differ materially from those projected or contemplated in the
    forward-looking statements. Forward-looking statements may be
    significantly impacted by certain risks and uncertainties described in
    Salary.com's filings with the Securities and Exchange Commission. The
    risks and uncertainties referred to above include, but are not limited
    to, risks associated with possible fluctuations in our operating
    results and rate of growth, our history of operating losses, the
    possibility that we will not achieve GAAP profitability, interruptions
    or delays in our service or our Web hosting, our business model,
    breach of our security measures, the emerging market in which we
    operate, developments with respect to litigation to which we are a
    party, performance of acquired businesses, our ability to hire, retain
    and motivate our employees and manage our growth, competition, our
    ability to continue to release and gain customer acceptance of new and
    improved versions of our service, successful customer deployment and
    utilization of our services, and general economic conditions and other
    factors affecting spending by customers. Salary.com expressly
    disclaims any obligation to update any forward-looking statements.