Elance-oDesk Hires Daphne Li as Senior Vice President of Enterprise

Key Addition to Elance-oDesk Executive Team to Help Scale the Adoption of the Company's Enterprise Solutions and Services

MOUNTAIN VIEW, CA--(Marketwired - November 19, 2014) - Elance-oDesk, the world's largest online workplace, announced today that Daphne Li has joined the company as Senior Vice President of Enterprise, effective immediately. Li will be responsible for Elance-oDesk's Private Talent Cloud offering -- a revolutionary platform for agile companies and their external talent.

Prior to joining Elance-oDesk, Li led the development of enterprise markets, solutions and services at both early-stage and Fortune 500 companies -- including at ADP, Apple and Bain & Company.

"I am excited to announce that Daphne Li has joined Elance-oDesk to lead our enterprise services and solutions teams," said CEO Fabio Rosati. "Daphne brings us exceptional leadership skills and experience at companies of all sizes and is immensely passionate about our mission, our clients and our people. To remain competitive today, companies must become more agile: Daphne's mission is to help visionary companies reimagine how to engage external talent and create more agile organizations our platform."

"This is an incredible time to join Elance-oDesk," said Li. "Not since the Industrial Era has work changed so rapidly, and the chance for enterprises to change the way they form teams is remarkable. I truly believe building talent clouds is one of the biggest competitive advantages the Internet has created for businesses. It's therefore an enormous opportunity for me to fuel the online work market's growth as it goes from early-adopters to prime time."

Li holds a bachelor's degree in Economics and an MBA, both from Stanford University. She is also on the board of KQED, Northern California's public media station. She's also a passionate advocate for education, serving on KQED's Education Task Force.

About Elance-oDesk
Elance-oDesk is creating the world's largest online workplaces. Cumulatively, 3.7 million businesses and 9.3 million freelancers have tapped into www.Elance.com and www.oDesk.com to access talent via the Internet.

As an increasingly connected and independent workforce goes online, talent -- like software, shopping and communications before it -- is shifting to the cloud. This shift is making it faster and easier for businesses to hire for the skills they need, when they need them, while freeing professionals from set time and place work.

Freelancers are expected to earn more than $900 million in 2014 via Elance and oDesk. Elance-oDesk is headquartered in Mountain View, California, with offices in San Francisco, California, and Oslo, Norway.

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Daphne Li