SilkRoad technology Positioned in Challengers Quadrant in Leading Analyst Firm's 2008 Magic Quadrant for E-Recruitment Software.

WINSTON-SALEM, N.C. -- SilkRoad technology, inc., the leading provider of talent management solutions, has been positioned in the "Challengers" quadrant in Gartner's "Magic Quadrant for E-Recruitment Software."1

Gartner evaluated 23 vendors that have "more than 100 e-recruitment software customers with more than 1,000 employees, more than $25 million in total revenue (license, maintenance and services), or both."1

"In my opinion, Gartner's evaluation of SilkRoad supports the positive impact that our talent management solutions have on our customers' businesses," said Brian Platz, Chief Operating Officer of SilkRoad technology. "As a leader in the SaaS solution category, we are perfectly positioned to expand our customer base to support multinational enterprise clients and to improve both the employer and employee experience, resulting in longer and more productive engagements."

The SilkRoad Life Suite[TM] is a group of Web-based solutions that enable organizations to connect with their top talent and manage the entire employee life cycle. Solutions included in the SilkRoad Life Suite are:

* OpenHire[TM] -- applicant tracking that helps hiring managers sift through the masses and ultimately identify the most qualified job candidates.

* RedCarpet[TM] -- onboarding that streamlines the employee acclimation process by systematically providing essential information to each new hire.

* WingSpan[TM] -- employee performance management ensuring that every employee is up to speed on his role in the organization and tracks progress accordingly.

* GreenLight[TM] -- compensation management allowing managers to establish a direct connection between performance and compensation.

* Eprise[TM] -- intranet and content management system centralizes and simplifies a company's knowledge base, allowing an organization to benefit and learn from each and every member.

About SilkRoad technology

SilkRoad technology, inc. provides software as service solutions that significantly improve the employee talent within its more than 800 customers across the globe. Using SilkRoad's Life Suite, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. SilkRoad technology is headquartered in Winston-Salem, NC, with offices in Bedford, MA; Chicago, IL; West Long Branch, NJ; and Hamburg, Germany. More information is available on the Web at www.silkroad.com or by phone: U.S. toll-free at 866-329-3363 or internationally at [phone].

The Magic Quadrant is copyrighted June 10, 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) Gartner, Inc. "Magic Quadrant for E-Recruitment Software," by James Holincheck, June 10, 2008