10.02.2005 14:34:00

Tektronix Renews Commitment to Workstream Recruitment; Company Continu

Tektronix Renews Commitment to Workstream Recruitment; Company Continues Benefits from Workstream's Recruitment Software as a Service Offering


    Business Editors/Human Resources Writers

    OTTAWA--(BUSINESS WIRE)--Feb. 10, 2005--Workstream Inc.(TM) (NASDAQ: WSTM), a provider of Enterprise Workforce Management software, today announced that Tektronix (NYSE: TEK), a world leader in test, measurement and monitoring solutions to the communications, computer and semiconductor industries, has renewed their Workstream Recruitment contract for another three years.
    A Workstream client since August 2000, Tektronix has leveraged the Workstream Recruitment solutions to improve candidate quality, standardize and streamline recruitment processes and provide real-time visibility throughout the entire process.
    "Workstream's on-demand approach to delivering Enterprise Workforce Management solutions is cost effective and efficient for us to manage," said Patty Nelson, Staffing and University Relations Manager at Tektronix. "It saves us from the traditional costs and complexities associated with implementing and maintaining on-premise software deployments and we are happy with the service."
    "Workstream is committed to providing our clients with cost effective, easy-to-use solutions to manage complex business processes such as recruiting," said Michael Mullarkey, CEO and Chairman of Workstream. "Our Workstream Recruitment products enable forward thinking organizations, like Tektronix, to help their recruiters and managers make better hiring decisions, which is critical to building a successful company."
    Workstream Recruitment is a product line solution and provides an integrated set of products and services that enable end-to-end management of all forms of recruiting. The standard Workstream Recruitment product line comprises of:

-- Candidate Management, for automating and streamlining the recruiting process used to attract, manage, screen and qualify candidates; and

-- Career Site, a custom-designed internal and external career website hosted and maintained by Workstream at our secure data center, used for attracting, routing and tracking job candidates.

    About Workstream Inc.

    Workstream provides enterprise workforce 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 12 offices across North America, Workstream services customers including Chevron, Eli Lilly Canada, The Gap, Home Depot, Kaiser Permanente, Motorola, Nordstrom, Samsung, Sony Music Canada, VISA, and Wells Fargo. For more information visit www.workstreaminc.com or call toll free 1-866-470-WORK.

    About Tektronix, Inc.

    Tektronix, Inc. is a test, measurement, and monitoring company providing measurement solutions to the communications, computer, and semiconductor industries worldwide. With more than 55 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks and advanced technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix's Web address is www.tektronix.com.

--30--MW/ny*

CONTACT: Workstream Inc. Tammie Brown, 877-327-8483 ext. 263 tammie.brown@workstreaminc.com

KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: HUMAN RESOURCES PRODUCT SOURCE: Workstream Inc.

Copyright Business Wire 2005

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