SOURCE: oDesk

oDesk

March 17, 2011 15:00 ET

oDesk Selected by AlwaysOn as OnDemand Top 100 Winner for 2011

Recognized for Creating New Opportunities in Cloud Computing and SaaS

REDWOOD CITY, CA--(Marketwire - March 17, 2011) - oDesk, the largest and fastest-growing global employment platform, today announced that it has been chosen by AlwaysOn as one of the 2011 OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies oDesk's leadership position in the industry, and acknowledges its game-changing approach and technologies that are likely to disrupt existing markets and entrenched players. oDesk was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

"As the leading platform for the on-demand workforce, we are honored to be recognized as one of the AlwaysOn OnDemand Top 100," said Gary Swart, oDesk CEO. "oDesk will continue to embrace the innovative spirit and customer commitment that has shaped our company from day one, and has brought us to this latest achievement."

oDesk enables companies to hire, manage and pay a flexible remote workforce. More than 1 million contractors have chosen oDesk, and they enjoy guaranteed payment for every hour of work, thanks to an innovative and industry-leading work diary system. More than doubling in size every year for the past four years, and with more than $14M in work performed through the platform every month, oDesk is changing how the world works.

oDesk and the other OnDemand Top 100 companies will be honored at AlwaysOn's OnDemand event on March 28th, 2011, at Hewlett-Packard's Worldwide Headquarters in Palo Alto, CA.

This two-and-a-half-day executive event features CEO presentations and high-level debates on how the Internet is disrupting the way that companies -- from small businesses to large enterprises -- create, store, distribute, analyze, and take advantage of their mission-critical data.

"As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, socialize, and share this information is becoming extremely challenging," says Tony Perkins, founder and editor of AlwaysOn. "By providing innovative technologies that help enterprises better compete in this new era of information complexity and move their data out into the cloud, the OnDemand 100 represent some of the highest-growth opportunities in the private company marketplace."

The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.

A full list of all the OnDemand Top 100 winners can be found on the AlwaysOn website at:
http://www.aonetwork.com/AOStory/Announcing-2011-OnDemand-100-Top-Private-Companies

About oDesk
With more than 1 million contractors in 150 countries, oDesk (www.oDesk.com) is the industry leader in remote work, enabling employers to hire, manage and pay a flexible online workforce.

For employers: Guaranteed work -- every hour billed is an hour worked. 
For contractors: Guaranteed payment -- every hour worked is an hour paid.

Find oDesk on Facebook at: www.facebook.com/oDesk
Follow oDesk on Twitter at: www.twitter.com/oDesk

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Summit at Stanford, OnMedia, OnHollywood, Venture Summit Mid-Atlantic, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

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