Salary.com, Inc. (NASDAQ: SLRY) a leading provider of on-demand compensation management solutions, today announced that the underwriters of its initial public offering have exercised in full their over-allotment option to purchase an additional 855,000 shares of common stock at the initial public offering price of $10.50 per share. Salary.com sold 349,757 shares and existing stockholders sold 505,243 shares in connection with the exercise of the over-allotment option. Thomas Weisel Partners LLC was the sole book-runner on the company�s initial public offering, William Blair & Company acted as co-lead manager and Needham & Company, LLC, Wachovia Securities, and Pacific Crest Securities acted as co-managers. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on February 14, 2007. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. A copy of the prospectus related to this offering may be obtained from Thomas Weisel Partners LLC, One Montgomery Street, Suite 3700, San Francisco, California 94104, or by calling 415-364-2720. The prospectus also is available on the Securities and Exchange Commission website at http://www.sec.gov. About Salary.com, Inc. Salary.com is a leading provider of on-demand compensation management solutions helping businesses and individuals manage pay and performance. Salary.com provides companies of all sizes comprehensive on-demand software applications that are tightly integrated with its own proprietary compensation data sets, thereby automating the essential elements of the compensation management process and significantly improving the effectiveness of its client�s compensation spend. For more information, visit www.salary.com. (SLRY-F)
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