Salary.com Records Four Percent Revenue Increase

August 16, 2010 – Salary.com, Inc./(NASDAQ:SLRY), a provider of on-demand compensation, payroll and talent management solutions, has posted first quarter of fiscal 2010 revenues of $9.7 million, a four percent increase from the prior year. On a GAAP basis, for the first quarter of fiscal 2011, Salary.com reported a net loss from continuing operations of $5.8 million, or ($0.34) per diluted share, compared to a net loss from continuing operations of $4.6 million, or ($0.29) per diluted share, in the first quarter of fiscal 2010. “We made great progress in the first quarter towards our goals of continuing to invest in our leading compensation data-enabled on-demand software solutions, streamlining our talent management suite, and divesting non-core businesses,” said Paul Daoust, interim chief executive officer. “Not only did we see a return to bookings growth on a year-over-year basis, but I am also very pleased to report that we were able to achieve positive non-GAAP operating cash flow earlier than we had anticipated.”

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