2007 Press Releases

Workstream to Participate at 2007 World at Work Total Rewards Conference & Exhibition

Company to Sneak Preview the Fall Release of Next Generation Compensation Product

Burlingame, CA. – May 3, 2007 - Workstream Inc. (NASDAQ: WSTM), a leading provider of On-Demand Compensation, Performance and Talent Management solutions, announced today it will be an exhibitor at the World at Work Total Rewards Conference & Exhibition. The event is scheduled for May 6-9, 2007, at the Walt Disney World Swan and Dolphin resort in Lake Buena Vista, Florida. Workstream will be offering product presentations and demonstrations of its on-demand Workstream Compensation, Performance and Talent Management solutions as well as a first look at their next generation compensation product – Workstream Compensation 7.

“As Global 2000 organizations are looking at innovative ways to transform their workforces and deliver superior business results, linking pay with overall performance makes more sense than ever,” said Deepak Gupta, President and CEO at Workstream. “Workstream Compensation 7 will be a major step forward for these organizations looking for best-in-class pay-for-performance solutions.”
Workstream Compensation 7 is part of Workstream’s overall on-demand Talent Management suite that tightly integrates not only compensation with performance but also with development and competencies.   Workstream Compensation 7 includes the following features;

• Full multi-lingual support enabling organizations to roll-out the product globally
• In-line reporting, knowledge management and organizational charting capabilities to significantly enhance manager decision-making processes
• Tight integration with Workstream Performance, Development and Portal as well as with the entire Talent Center suite of solutions
• Dramatically improved user experience leveraging Web 2.0 technology

World at Work Total Rewards Conference covers all aspects of total rewards, including employee rewards, compensation, benefits, executive rewards and work-life effectiveness. The event is hosted by World at Work, the world’s leading not-for-profit professional association dedicated to knowledge leadership in total rewards, compensation, benefits, and work-life.

The Company is exhibiting at booth #353. For more information contact Stacey Virgo at 1-866-953-8800, extension 715.

About Workstream
Workstream provides On-Demand compensation, performance and talent management solutions and services that help companies manage the entire employee lifecycle - from recruitment to retirement. Workstream's TalentCenter provides a unified view of all Workstream products and services including Recruitment, Benefits, Performance, Compensation, Rewards and Transition. Access to TalentCenter is offered on a monthly subscription basis under an On-Demand software delivery model to help companies build high performing workforces, while controlling costs. With ten offices across North America, Workstream services over 400 customers including Chevron, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Workstream's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to grow our client base and revenue because of the number of competitors and the variety of sources of competition we face; client attrition; inability to offer services that are superior and cost effective when compared to the services being offered by our competitors; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to enter into successful strategic relationships and other risks detailed from time to time in filings with the Securities and Exchange Commission.

Contact:
Stacey Virgo
Workstream
1-866-953-8800, Ext. 715
stacey.virgo@workstreaminc.com