SOURCE: Toolbox.com

November 03, 2008 12:32 ET

ITtoolbox Changes Name to Toolbox.com, Launches Community for HR Professionals

Toolbox for HR Enables Human Resources Professionals to Share Knowledge for Better Decision Making

SCOTTSDALE, AZ--(Marketwire - November 3, 2008) - Toolbox.com (formerly ITtoolbox), the operator of online communities for professional knowledge sharing, today announced the launch of Toolbox for HR (http://hr.toolbox.com), a community where human resources professionals can share knowledge with peers to make better decisions. Toolbox for HR has been introduced on the same platform and processes that have powered the industry-leading Toolbox for IT community to 1.4 million registered members and 800 advertising partners.

"Online communities have taken their place alongside traditional print media, premium research, and live networking events as a key information source for business decision making and networking. Professionals place a high premium on knowledge sharing in the workplace," said Dan Morrison, co-founder and CEO of Toolbox.com. "With the introduction of Toolbox for HR, Toolbox.com will provide a unique resource for HR executives and professionals where they can turn for real-world, proven expertise from their peers."

Recent research from HRmarketer.com (Trends in HR Marketing: HR Buyers' Behavior 2008) indicates that human resources professionals rank higher than the national average when it comes to use of online collaboration tools in the workplace. Findings in the report illustrate that HR professionals increasingly rely on tools such as blogs, podcasts, and webcasts as trusted sources of information when making purchasing decisions. In fact, according to the report, when HR buyers were asked how they begin their searches to identify vendors of HR products and services they may be interested in purchasing, "Ask a Peer" ranked number one at 28%, followed by "Internet Search Engine" at 18%, and "Favorite HR Informational Website" at 16%.

"We believe an online community will provide the most efficient means for HR professionals to maximize the benefits they receive from their most trusted source of information -- their peers," said Morrison. "We've seen great success and growth with the Toolbox for IT community and we're confident that we'll deliver the same positive results for HR professionals because, in the end, it's all about doing better and being more efficient on the job."

Toolbox for HR includes the following community collaboration tools:

--  Professional Networking (http://hr.toolbox.com/home): Tools that allow
    professionals to create their own home pages, connect with peers, and
    communicate with the HR community in a productive environment.
    
--  Groups (http://hr.toolbox.com/groups): More than 100 targeted
    discussion communities allowing peers to ask and answer questions among
    each other, to solve problems, and make decisions.
    
--  Blogs (http://hr.toolbox.com/blogs): A community publishing service
    where professionals post HR news and knowledge from the front line and
    community members comment on the entries.
    
--  Wiki (http://hr.toolbox.com/wiki): An in-depth HR reference guide and
    instruction manual created by the community, including definitions, FAQs,
    and HOWTOs.
    
--  Vendor Research Directory (http://hr.toolbox.com/vendors):  A
    comprehensive and interactive directory of vendors and services that
    integrates relevant user-generated content to provide objective feedback
    that helps professionals make informed HR purchasing decisions.
    

To welcome new community members, Toolbox for HR is offering priority access to more than 300 premium white papers from Corporate Executive Board's Community Leadership Council. These white papers provide frontline research on topics including benefits, compensation and payroll, recruiting, talent management, and more.

To learn more about Toolbox for HR, visit: http://hr.toolbox.com.

ABOUT TOOLBOX.COM

Toolbox.com helps professionals do their jobs better by enabling them to easily share knowledge with experienced peers with similar interests and expertise. The online communities at Toolbox.com include professional networking, blogs, discussion groups, wikis, and a vendor research directory through which executives and professionals collaborate to solve problems, make decisions, and increase workplace efficiency. Through the community, advertising partners can engage prospects and customers either directly or by integrating their message through a proprietary contextual matching engine. This combination of community and advertising value has made Toolbox.com a leading destination for professionals and a leader in online advertising. Toolbox.com is a division of Corporate Executive Board (NASDAQ: EXBD). For more information, visit www.toolbox.com.

ABOUT CORPORATE EXECUTIVE BOARD

The Corporate Executive Board (NASDAQ: EXBD) provides analysis and authoritative guidance to the world's most successful organizations. With a member network of over 80% of the Fortune 500, the Corporate Executive Board delivers indispensable resources for timely decision-making on all issues related to strategy, operations and general management. For more information, visit www.exbd.com.

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