KnowledgeBank Awarded Multi-Year Fairfax County Workforce Planning and Compensation Consulting Contract

McLean, VA, October 19, 2007 - KnowledgeBank, Inc., a rapidly growing provider of human resource management consulting and outsourcing services, announced today that it has won a competitively bid new contract to provide workforce planning, job classification and compensation consulting services to the County of Fairfax, Virginia. The contract has a base period of two years with three one-year option periods.

KnowledgeBank consultants will work closely with the County to provide a wide-range of workforce planning and compensation services including classification, salary surveys, market pricing and analysis, job descriptions, succession planning, class specifications, compensation strategy and administration and communication and training.

KnowledgeBank is an award-winning provider of human capital management outsourcing and consulting services to government (federal, state, local) and private sector organizations that allow its clients to focus on higher priority assignments and increase operational efficiency. Founded in 2003, KnowledgeBank has provided human capital consulting and outsourcing services to key federal agencies, including the IRS and USDA, and has built a broad client base of private sector companies that range from small, emerging growth and venture-backed to Fortune 500 organizations in the technology, software, professional services, life sciences, government contracting, defense/aerospace, manufacturing, real estate and nonprofit sectors.

"With our expertise in HR consulting and outsourcing in a wide range of organizations and industry verticals, this new contract with Fairfax County is a perfect fit for our proven capabilities in both strategic and operational human capital management services," said Kevin Antler, KnowledgeBank’s Chief Operating Officer. "This win demonstrates our continued focus on leveraging our world class team of private and public sector HR professionals to deliver valued solutions for our clients."

About KnowledgeBank
KnowledgeBank is a leading provider of expert human resource management outsourcing and consulting services to organizations in the commercial, nonprofit and government sectors. The Company provides services ranging from the total outsourcing of a client’s HR management function, to project, interim and consulting support in every functional component within the human capital spectrum. KnowledgeBank works with organizations ranging from small and emerging growth to large, established corporate and governmental entities in the areas of total HR management outsourcing, compliance, workforce planning, performance management, compensation, recruitment & selection, employee benefits, surveys, leadership & organization development and training. KnowledgeBank was ranked #123 on the 2007 Inc. 500 list of fastest growing private companies in America, and Washington SmartCEO Magazine recognized KnowledgeBank as one of the fastest growing non-technology companies in the Greater Washington, DC region.

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