Dice Holdings, Inc. Acquires AllHealthcareJobs.com



NEW YORK (ASRN.ORG)- Dice Holdings, Inc., a leading provider of specialized career websites for professional communities, today announced it has completed the purchase of substantially all of the assets of AllHealthcareJobs.com, a leading online career site dedicated to matching healthcare professionals with available career opportunities.

"Today, Dice gains a successful career site in healthcare, an important industry sector facing long-term shortages of experienced professionals in critical areas. We are confident that we can further drive AllHealthcareJobs.com growth through our expertise in building communities and serving customers," said Scot Melland, Chairman, President & CEO. "Through this acquisition, we continue to execute our strategic plan which includes pursuing growth opportunities in new verticals."

"We are elated and proud to be joining the highly respected Dice team," noted Phil Morris, co-founder. "Being a relatively small but growing site, this partnership makes eminent sense. It allows us to leverage Dice's know-how and established resources to match even more healthcare professionals with the best job opportunities."

Launched in late 2006 and known for its unique search engine, AllHealthcareJobs.com allows hiring managers and recruiters to quickly locate and recruit highly-qualified healthcare professionals in more than 500 available job specialties across the industry.

More than 50 percent of AllHealthcareJobs.com candidates have at least five years experience in the industry and encompass a wide range of healthcare fields such as nursing, allied health, laboratory, pharmacy and medicine.

The purchase price consists of initial consideration of $2.8 million in cash and the issuance of 205,000 shares (with some restrictions). Additional consideration to a maximum of $1.0 million in cash is payable upon the achievement of certain operating and financial goals over the next two years.


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