Portfolio News

MOLINE, Ill., June 19 /PRNewswire/ -- The Job Network and Yedda announced a partnership today to launch the ultimate knowledge system for job seekers -- facilitating the wisdom and experience of professional peers through questions and answers. The technology will allow job seekers to instantly obtain advice from peer professionals.

Yedda, a leader in social search, developed a best-in-class Question & Answers platform connecting knowledge seekers with knowledge sources and aggregating and facilitating the wisdom of crowds. Yedda offers publishers and content web sites a risk-free way to integrate Questions and Answers using a highly customizable and seamless technology powering the sites with complementary user-generated questions and answers or FAQs. Yedda helps publishers and web sites enhance user engagement and overall user loyalty, improve monetization, and increase search engine visibility through promoting their sites as knowledge communities.

The Job Network provides unique Real-Time Job Matching(TM) technology (by Redmatch North America) that enables employers to find and hire the best people, faster and more cost effectively. Millions of users already use the Job Network employment platform that spans the U.S. and Canada. The Job Network currently powers over 650 newspaper employment classified websites.

While ordinary websites for job seekers mainly provide passive information about positions and companies, a user of The Job Network and Yedda will also be able to communicate with peers to get insights about specific jobs, career development choices, and daily professional matters.

Yedda provides a proactive and personalized gateway to tacit knowledge engaging knowledgeable members to provide answers to questions posted by the community.

"We are very excited about our new partnership with The Job Network. I believe that leveraging Yedda's abilities to aggregate knowledge is a great asset when applied to job seeking platforms. Peer knowledge and experience is an invaluable asset when making career decisions. Yedda delivers that ability," said Avichay Nissenbaum, Yedda founder and CEO.

"We have chosen to partner with Yedda due to its excellent semantic social matching ability. Being in the business of matching employers with candidates we know the importance of getting the most relevant answers to questions. This partnership brings powerful new tools to The Job Network and creates a one- stop shop for job seekers. Not only can they find the best available jobs, but candidates can also get relevant career resources and information from real people -- a superior value to our users," said Marc Wilson, president of The Job Network.

"Nowadays knowledge is king and being able to get the necessary information in order to make the correct decision is critical to career development, Yedda can help us harness our user's knowledge and make it available to others," said Gal Almog, a managing partner in The Job Network LLC and President of Redmatch North America.

About Yedda
Yedda (http://yedda.com) is a leading free Questions and Answers service. Yedda strives to merge the convenience and efficiency of search with the unlimited value of individual knowledge. Yedda connects knowledge seekers with knowledge sources over the web, leveraging personal experience and personal knowledge of relevant people. By bringing together individuals with mutual interests on any topic in a dynamic, open, collaborative environment, Yedda helps making personal knowledge as accessible as documented information is on the Internet.

The Yedda platform is also available for integration to publishers and content web sites through highly customizable and seamless technology. For more information on the Yedda partner program, please visit http://yedda.com/partners

About The Job Network
The Job Network (http://www.thejobnetwork.com) is a leading provider of online recruitment solutions for newspaper advertisers throughout the U.S. and Canada (http://www.canadianjobnetwork.com). The Job Network offers local, regional, and national exposure for employers and candidates, including postings to Yahoo! HotJobs. The Job Network is owned by TownNews.com, Redmatch North America, PAGE Co-op, Schurz Communications, Pioneer Newspapers, Calkins Media, the Seaton Group, and Dix Communications.