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September 18, 2007

oDesk Sets the Standard of Excellence

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oDesk Awarded International WebAward for Standard of Excellence in the Professional Services Category

September 18, 2007 -- Menlo Park, Calif., -- Today oDesk (www.oDesk.com), an online marketplace that helps companies hire, manage and pay remote technical workers around the world, announced that it has received the Standard of Excellence Award in the Professional Services category from the International WebAwards. This designation follows oDesk's ranking as one of the top 100 private technology companies in North America by Red Herring and reinforces its popularity among businesses and technology professionals from all over the world for integrated project management and remote collaboration.

"We are honored to be recognized by the International WebAwards for our strong performance in delivering a global online marketplace for both technology freelancers and hiring companies," said oDesk CEO Gary Swart. "This validation showcases the company's number one commitment - the success of our customers - and is a credit to the time and energy expended by the entire oDesk team which has been the lynchpin of our early success and will drive us into the future."

oDesk received high marks for its innovation, design, content, technology, interactivity, copywriting, and ease-of-use. Produced by the Web Marketing Association, the International WebAwards names the best Web sites in 96 industry categories and sets the standard of excellence for Web site development.

oDesk is a marketplace of remote software development firms and technology freelancers that offers a unique set of integrated management and collaboration tools to help employers hire, manage and pay remote teams of employees. Using oDesk's collaboration suite, employers track project progress and collaborate with team members as though all were working in the same office. oDesk handles all invoicing and payment, making it easy for small to medium size businesses to access the global talent pool, a luxury once reserved solely for the large corporation. In addition, oDesk gives technology freelancers the freedom to work from and get paid anywhere, anytime.

With more than 22,000 tested and rated providers working for thousands of companies around the world through the oDesk platform, oDesk is proving that the nature of technology jobs is changing. More than 1,000,000 hours have been logged in its remote work marketplace since inception.

About oDesk

Every day, oDesk helps people all over the world work together, as if they were seated in the same office. Founded in 2004, oDesk (www.oDesk.com) is a global marketplace for programmers and technology freelancers that enables businesses to build and manage remote teams. Hiring managers can search the oDesk network and choose from among thousands of tested, top-rated technology professionals in over 50 countries around the world. Using oDesk web-based collaboration tools, project managers can visually track and verify all work performed, both historically and in real-time. oDesk is venture-backed by Benchmark Capital, Globespan Capital Partners and Sigma Partners.

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