Experience.com, Inc. Adds Former Duke University Director, Leo Charette, to Management Team; Industry Visionary To Expand Company's Market Leadership.

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--Jan. 15, 2002

Experience.com, Inc., the leading provider of recruiting networks and career management technology for universities and graduate schools, announced today the management team addition of Leo Charette as the Director of University Affiliations.

"Leo's addition to the team is a tremendous win for us," says Jennifer Floren, CEO of Experience. "His knowledge, innovation and proven 20-year track record of bringing universities and employers together has earned him widespread praise. His appointment demonstrates our continued growth and our ongoing commitment to build lifetime relationships between educated talent, educational institutions and the working world."

Mr. Charette comes to Experience with over 20 years of experience in senior career service management positions at top-tier public and private universities. Prior to joining Experience, he was the Career Center Director at Duke University, and the Director of Career Services at The College of William and Mary. Mr. Charette is a frequent speaker at industry events and has also won numerous accolades from his colleagues, including the Eastern Association of Colleges and Employers' Philip Brockway Award for Innovation. He is a two-time winner of the National Association of College and Employers' Outstanding Achievement Award.

Over the past two years, Experience has been the market leader in providing recruiting networks and career management technology and services to over 70 percent of the nation's top universities. Current customers of the Experience eRecruiting Network for Universities include Princeton University, University of Washington, Brigham Young University, and the University of Notre Dame. The company also recently announced the Experience eRecruiting Network for Employers, which connects enterprise customers and partners to this exclusive, university-branded network, providing access to over 2.5 million potential candidates.

Mr. Charette will lead Experience's efforts to support groups of universities, called consortiums, that want to collaborate to provide their students with more diverse career opportunities. He will lead the company's initiatives to expand existing university relationships and deliver additional enabling technology and services.

"Experience has a tremendous opportunity to add even more value in today's challenging market," says Mr. Charette. "More and more universities recognize the need to collaborate to provide the widest and best set of opportunities for their students and alumni. Experience's unique `university branded' model has not only enabled the company to develop strong relationships with hundreds of top tier universities, but has also provided employers cost-effective access to the world's best educated talent base."

About Experience.com, Inc.

Experience.com, Inc. is a leader in the educated talent market. Founded as a result of a merger in January 2000, the company provides recruiting and career management technology and services to a network of over 70 percent of the top universities in the country. Just released in December 2001, the Experience eRecruiting Network for Employers connects enterprise organizations to an exclusive, university-branded network--currently with access to over 2.5 million potential candidates--and manages the unique workflow of the recruiting process for educated talent. Based in the historic Faneuil Hall Marketplace in Boston, Mass., Experience is venture-backed by Polaris Venture Partners, Isabella Capital LLC, Benefit Capital Management Corporation, Diamond Capital and a number of other private investors. More information about the company is available at the corporate web site, www.experience.com.