2006 Press Releases

Workstream On-Demand Webinar Focuses on the Value of Total Rewards

Latest On-Demand Webcast Addresses the Use of Total Rewards Statements to Attract and Retain Key Talent

Ottawa, ON. – November 21, 2006 - Workstream Inc. ™ (NASDAQ: WSTM), a provider of On-Demand Enterprise Workforce Management software, today announced a Webcast entitled “Using Total Rewards Statements to Attract and Retain Talent” to be held on November 29th at 1:00 PM EST.

This event will illustrate Workstream’s solution to the information gap between an employer’s total compensation investment in an employee and the employee’s perception of the value of their overall compensation package. While a significant portion of many companies’ operating expenditures are for employee compensation, which includes not only wages but benefits, stock awards, retirement and savings plans, etc., neither the employees nor management typically understand the magnitude of this investment. As a result, attracting and retaining talent can become unnecessarily problematic and translate into higher employee cost, reduced productivity and a negative impact on both the top and bottom line.

The use of web-based Total Rewards Statements can provide a clear and comprehensive view of the investment that companies are making in their employees. Such systems can have a direct, positive impact on employee communication, provide the employees with a better understanding of the value of their entire compensation package and ultimately improve the effectiveness of a company’s ability to attract and retain employees.

Topics to be addressed include:

• How lower rates of employee attraction and retention affect companies directly and economically.
  
• The challenges companies face in conveying the compensation investment that they make.
  
• Methods and solutions for overcoming current challenges.
  
• Specific examples of how other companies such as Texas Instruments, National Semi Conductor, Nike and Verizon Wireless have tackled the Total Rewards communication challenge.
  
• ROI information that can be used to measure and justify implementation of new Total Rewards initiatives.

For registration information, visit www.workstreaminc.com/company/events_webinars.asp.

About Workstream
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, Development 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 9 offices across North America, Workstream services customers including Chevron, 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.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Workstream's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to grow our client base and revenue because of the number of competitors and the variety of sources of competition we face; client attrition; inability to offer services that are superior and cost effective when compared to the services being offered by our competitors; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to enter into successful strategic relationships and other risks detailed from time to time in filings with the Securities and Exchange Commission.

For more information contact:
Julie Ingle
Workstream, Inc.
650-340-4049
Email:julie.ingle@workstreaminc.com