Zapoint Acquires Jobster

April 9, 2010 – Zapoint, a provider of employee career management and organizational planning solutions, has acquired Jobster from Recruiting.com, Inc. Financial terms of the deal were not disclosed. Founded in 2006, Zapoint is the developer of SkillsMapper, its flagship enterprise solution that gives employers visibility into existing skills and competencies within their workforce. Jobster.com, started in 2004, is an innovator in job board and social technology integration; the site serves as a repository of individual skills and experience that is searchable by both employers and recruiters. “Zapoint and Jobster share a common vision of combing the latest web platforms with advanced career management technologies to stimulate the talent management marketplace,” said Chris Twyman, CEO of Zapoint. “Most job boards focus on the demand side of the equation. By placing the power of SkillsMapper within the Jobster framework, we intend to shift the balance for perhaps the first time ever to the supply side, thereby benefiting employers, recruiters and candidates alike.” While both sites are planning to retain their separate identities, Jobster will offer new career management tools that are “Powered by Zapoint.” Moving forward, Jobster will operate as a division of Zapoint; users can expect to see the development of new features on both sites by June 2010.

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