Partnering to Improve Unemployment Rate Among People Living With Disabilities
January 14, 2008 – Disaboom, Inc., (OTCBB: DSBO), the first online community for people living with or directly affected by disabilities or functional limitations, today announced a multi-faceted partnership with JobCentral.com. The JobCentral.com National Labor Exchange is a service provided by the DirectEmployers Association, a consortium of Fortune 500 and other leading corporations nationwide, in alliance with the National Association of State Workforce Agencies (NASWA). DirectEmployers was founded to develop and manage systems and software for employers to increase labor market efficiency and reduce Internet recruiting costs for its consortium members. The National Association of State Workforce Agencies (NASWA) is an organization of state administrators of unemployment insurance laws, employment services, training programs, employment statistics and labor market information and other programs and services provided through publicly funded state workforce systems.
Disaboom will launch version 2.0 of its Career Center in February 2008. The Career Center will offer employment opportunities, resources, and services to the Disaboom community and corporations. Through this partnership, Disaboom will fully integrate JobCentral’s advanced search engine technology into the Disaboom Career Center. This will enable registered Disaboom members to search and apply directly for employment opportunities from a database of currently over 500,000 open positions with DirectEmployers’ consortium members and state job boards. The partnership also includes, among other initiatives, Disaboom serving as DirectEmployers’ content and resources partner for the upcoming release of a disability channel on the JobCentral.com site.
“We are very pleased to have DirectEmployers as the flagship partner in our Career Center. Approximately 15 years after the enactment of the Americans with Disabilities Act, the unemployment rate of people living with disabilities remains between 60% and 65%+. Disaboom’s Career Center and DirectEmployers’ disability channel will be excellent vehicles to provide employment opportunities, resources and services to our respective members and users,” stated John Walpuck, President and CFO of Disaboom.
Chad Sowash, Vice President of Business Development of DirectEmployers, stated, “Our members are already working with the disability community, but they want to do more. We look forward to working with Disaboom to achieve the objectives of our partnership and consortium membership.”
About Disaboom
Disaboom, Inc. was founded to develop the first interactive online community dedicated to constantly improving the way people with disabilities or functional limitations live their lives. It will also serve as a comprehensive online resource not only for people living with such conditions, but also their immediate families and friends, caregivers, recreation and rehabilitation providers, and employers. There are more than 54 million American adults living with disabilities or functional limitations today in the United States alone. Founded and designed by doctors and fellow disaboomers to meet this untapped market’s specific needs, disaboom.com will bring together content and tools ranging from specialized health information to social networking to daily living resources, in a single interactive site.
About DirectEmployers Association and JobCentral National Labor Exchange
DirectEmployers Association’s purpose is to share best practices, create new industry standards, provide research, and develop and manage systems and software for employers to increase labor market efficiency and reduce recruiting costs. JobCentral National Labor Exchange is the flagship service of the Association. Its member companies include an impressive group of industry leaders such as Abbott Laboratories, Analysts International, Allstate, ALLTEL Corporation, Anheuser-Busch, Ashland, Avaya, Bausch & Lomb, Baxter, Bell South, Cargill, Cisco, Coca-Cola, General Electric, General Dynamics, H&R Block, IBM, International Paper, Johnson & Johnson, Lockheed Martin, Mellon Financial Corporation, Merck, Harris Corporation, Home Depot, Honeywell, Hewlett-Packard, Johnson & Johnson, Mayo Clinic, Northrop Grumman, Procter & Gamble, Progressive Insurance, Raytheon, Southern Company, Sprint, Textron, The McGraw-Hill Companies, Union Pacific, Volt Information Sciences, and Xerox Corporation.
Disclaimers & Forward-Looking Statements
This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which the Company operates and the beliefs and assumptions of the Company’s management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” variations of such words, and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of the Company’s future financial performance, the continuing development of the Company’s website, the prospects for selling advertising on the website and new visitors and visitor page views related to advertising agreements, the Company’s anticipated growth and potentials in its business, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict, including those identified in our filings with the SEC, available at www.sec.gov. All forward-looking statements made in this press release are made as of the date hereof, and we assume no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise, other than as required by law.
© Disaboom, Inc., 2007
For more information about Disaboom, Inc., contact:
J.W. Roth
(720) 407-6532
Peter Shankman
(646) 522-9234
Molly Plyler
The Blueshirt Group
(415) 217-5867
Please visit the “About Us” section of our web site at www.disaboom.com.
(720) 407-6532
Peter Shankman
(646) 522-9234
Molly Plyler
The Blueshirt Group
(415) 217-5867
Please visit the “About Us” section of our web site at www.disaboom.com.