veteran digital media executive Elizabeth Rose as Chief Digital Officer, effective

immediately. In this newly-created role, Ms. Rose is responsible for the strategic

direction and operation of all digital activity at Vault, including the company’s website,

e-commerce initiatives and distribution of content across platforms. Based in New York,

Ms. Rose reports to Erik Sorenson, Vault CEO.

“I am delighted that Elizabeth is joining the Vault senior management team at this critical

juncture in the company’s development,” said Mr. Sorenson. “Her management

experience and track record of success in the digital arena will be invaluable as we build

on Vault’s historical strengths to become the leading career brand for consumers -- and a

vital partner for recruiters and advertisers.”

In late 2007, Veronis Suhler Stevenson, a leading private equity investor in the media,

communications, information and education industries, acquired a majority stake in

Vault. At that time, Mr. Sorenson, a media industry veteran, was named CEO and

charged with growing the business into a global, cross-platform leader within the highly

competitive career space. In 2008, millions of professionals and students will consume

Vault’s content on various platforms including its main website, Vault.com, and its

Career Library product, which is licensed to nearly 1000 institutions worldwide.

“I am excited to be joining Vault at this moment in its history,” said Ms. Rose. “The

combination of Vault’s brand and Veronis Suhler Stevenson’s support positions the

company for rapid growth and success.”

Ms. Rose has nearly fifteen years of digital experience. As an early member of

McKinsey’s Interactive Media practice, she co-authored the consulting firm’s first white

paper about the Web in 1995. In 1996, Ms. Rose joined BMG Direct and served as Vice

President, Strategic Planning and Electronic Commerce and took line responsibility for

leading the growth of its Web business into a top 10 global commerce site.

In 2003, Ms. Rose was appointed Senior Vice President of Strategy at Travelzoo, where

she was responsible for new product development and growth strategies. In 2005, Ms.

Rose began consulting independently for numerous media companies, focusing on

Internet content and commerce strategy. She holds an undergraduate degree in history

from Rice University and an MBA from Columbia University.

Vault is the leading media company focused on insider career information. Vault offers

information on hundreds of occupations and industries, articles on a multitude of

workplace topics, a network of message boards for professionals with over 2,200,000

posts and jobs-related video, blogs and research tools. Its clients include nearly 1,000

advertisers and recruiters, over 900 universities and graduate schools, and over 7,000,000

consumers worldwide. Maintaining offices in New York, London, Mumbai, and Hong

Kong, Vault was founded in 1996 by Hussam Hamadeh, Samer Hamadeh, and Mark

Oldman and recently received a majority investment from Veronis Suhler Stevenson, a

$5 billion private-equity firm focused on media and communications.