MASS MEDIA DISTRIBUTION NEWSWIRE

iHipo.com (International Jobs) raises Seed Funding and launches new Features
February 25, 2008

Singapore, 25th February 2008 -- iHipo (www.iHipo.com ), the leading international career network and jobsite for young professionals, graduates and students, has today announced a seed round of funding by Thymos Capital and the Media Development Authority of Singapore. Following iHipo's expansion in the USA and South-East Asia, the new funds will mainly be used to expand the platform's growth in Europe.

Introduction of New Features
In January 2008, iHipo has successfully launched its premium membership model. Members gain access to a wealth of information, including the Knowledge Base with over 2,000 international HR contacts and interview preparation material. Further features include a Google maps mashup to geographically highlight the iHipo community, a Facebook application, and a number of new networking tools.

International Career Network
iHipo was founded in mid-2007 by three young entrepreneurs, to address the growing demand for international recruitment and expatriate networking among students, graduates and young professionals. iHipo is the premier destination for recruiters seeking international talent in all major industries. It provides an ideal platform for employer branding towards this high-potential demographic. "I have found our first experience of using iHipo really positive for our online advertising campaign. The international visibility was very attractive to us when recruiting multi-nationally. We will definitely be using iHipo to promote our vacancies again in the future." Juliet Finding, Hobsons UK

Future Growth

iHipo plans to expand its reach through close cooperation with career centres of leading universities worldwide and strategic partnerships with targeted national jobboards and career portals.


About iHipo
iHipo stands for International High Potential network. iHipo is a social network that connects students and young professionals with international employers. It serves as a platform for peer-to-peer communication and recruiting. Students and young professionals that seek international assignments and networking opportunities can join iHipo. Furthermore, employers that seek to recruit international top-tier talent can create profiles and post job and internship vacancies on iHipo.

The company was founded in July 2007 by three young entrepreneurs from Germany, the Netherlands and Singapore. iHipo is incorporated in Singapore.

About Thymos Capital
Thymos Capital is an incubator focused on accelerating and commercializing innovative ideas in the Interactive Digital Media (IDM) industry. Thymos Capital is working with the IDM Office, Media Development Authority of Singapore to invest and incubate new start-ups in the digital interactive space.

Contact:
iHipo Pte. Ltd.
Mr. Patrick Linden
193/A3 Joo Chiat Road
Singapore 427464
Tel: +65-64020240
Email: This email address is being protected from spam bots, you need Javascript enabled to view it

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Summary

The leading international career network and jobsite for young professionals, graduates and students, has today announced a seed round of funding by Thymos Capital and the Media Development Authority of Singapore.