New Features Include Enhanced Search, Video Profiles, Communication Tools, and a Virtual Water Cooler

Mountain View, Calif. – October 2, 2007— Elance, the leading online workplace where businesses find and hire professionals on demand, has recently added new features to enhance the way businesses and service providers get work done.
Today, small businesses and entrepreneurs need an efficient way to hire, manage and pay temporary or part-time talent for exactly what they need, when they need it. And professionals around the world want new opportunities to grow their customer base and make money. Elance is developing this new virtual workplace.
New feature highlights include:

Enhanced Search and Matching:

Gives businesses the ability to find qualified professionals anywhere in the world and immediately evaluate their work and reputation.

Online Profiles with Video:

Professional profiles can now be enhanced with YouTube video uploads to help service providers broadcast their experience and skills to potential buyers.

Chat and Instant Messaging:

Businesses can interview candidates immediately while keeping their personal and business identities private.

Click-to-Call:

Elance buyers can immediately connect to providers by phone while maintaining their privacy, and service providers can better manage incoming calls.

Water Cooler:

Dedicated to the Elance community, the Water Cooler enables office-like discussion for members of the Elance professional network.

Elance University:

A new curriculum to help new members learn how to offer their services on demand. Includes video courses on creating effective online profiles and best practices for using the Elance platform.

"This is just the beginning of what we believe the new, virtual workplace should look like, and we're excited to be shaping its direction for the future," said Fabio Rosati, CEO of Elance. "We will continue to develop an open platform that enables mass communication, collaboration and co-creation."
About Elance
Founded in 1999, Elance was established to help small businesses easily and efficiently hire freelance talent. Today, Elance is the leading workplace for hiring and working on demand. Elance is privately-held and headquartered in Mountain View, California. For more information, please visit http://www.elance.com.

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Elance and the Elance logo are trademarks or registered trademarks of Elance, Inc. in the United States and other countries.

Press Contact:

Cynthia Schott
Elance
(650) 316-7426
cschott@elance.com