Online Work on the Fast Track, oDesk Named on Inc. 500 List for Third Year Running

Innovative Leader in Online Work Ranks Among the Top Fastest Growing HR Companies on the 2011 Inc. Industry List


REDWOOD CITY, CA--(Marketwire - Aug 24, 2011) - For the third year in a row, Inc. Magazine has ranked oDesk on its prestigious list of the 500 fastest growing privately owned companies in the United States. This award recognizes the significant accomplishments of the fastest-growing privately held entrepreneurial companies in America, whose performances have established them among the best in their industries. As the leading online employment platform, oDesk was recognized as one of the top 10 companies in the human resources industry, and #441 overall.

oDesk introduces nearly 95,000 new online job opportunities every month, in addition to the 36,000 local jobs generated by Inc. 500 Honorees over the past three years, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. There are nearly 7 million private, employee-based firms in America, and only the very best are awarded the distinction of being named to the Inc 500|5000, the gold standard of entrepreneurial success according to Inc.com.

"We are honored to be one of the few companies included on the Inc 500 list for the third year in a row. Achieving this during a time of economic turmoil and ongoing unemployment speaks to the value our customers have found in relying on the oDesk platform to hire, manage and pay skilled workers from around the globe," said oDesk CEO Gary Swart. "We are proud to be recognized for the advancement of online work, and for the integration of the online workforce into standard hiring practices worldwide."

The 2011 Inc. 500|5000 is available online at Inc.com and in the magazine's September 2011 issue. For more information, please visit www.inc.com/5000.

About oDesk
With more than 1.3 million contractors in over 150 countries, oDesk (www.oDesk.com) is the online employment platform that enables employers to hire, manage, and pay an on-demand, flexible workforce.

Find oDesk on Facebook at: www.facebook.com/oDesk
Follow oDesk on Twitter at: www.twitter.com/oDesk

Contact Information:

MEDIA CONTACTS:
Sammy Totah
BOCA Communications

+1-415-738-7718