nextSource Releases Two New Tools: The People Blue Book and The PeopleTicker

New tools will help companies save money and time when recruiting and hiring

NEW YORK, Aug. 15, 2002 — nextSource, Inc., a leading provider of human capital and services spend management solutions has now made The People Blue Book™, an online staffing industry source book, available to companies. The People Blue Book™ allows businesses, agencies, and individual's real-time views of market rates for both contingent and full-time workers, based on skill set, years of experience, and geographic location.

"Our People Blue Book™ offers customers an all-points-solution, designed as a consolidated alternative to the use of the individual point solutions that currently exist in the marketplace" said Joseph Musacchio, president and CEO of nextSource.

The newest addition to The People Blue Book™ is The PeopleTicker™, a dynamic interactive database in which users may search current market rate and salary data specific to an individual's industry, experience, geographic region, and skill-set. As part of The PeopleTicker™, a "streaming" application sits on users' desktops, refreshing every 15 minutes with the most recent rates and salaries from all over the country, as selected by the user.

John Sculley, Chairman of the nextSource Advisory Board said, "This is the first tool of its type providing real-time access to both full-time salary and temporary/consultant rate data."

To supplement The PeopleTicker™, users are also presented with the nextSource Talent Acquisition Management Solution (TAMS™) software, an impressive resource for companies looking to automate and streamline their staffing and vendor management processes, the Multiple Listing Staffing Association™ (MLSA), an online network of agencies similar to the Real-Estate industry's Multiple Listing Service, and a host of related Human Resource and Procurement Services designed to reduce associated staffing costs.

For more information The People Blue Book, please check out http://www.nextsource.com or email your inquiry to info@nextsource.com

About nextSource

nextSource, Inc. is a leader in the development and implementation of workforce management solutions that address the enterprise-wide challenges associated with the sourcing and management of contingent labor, direct employee hires and deliverable-based project work. nextSource's solutions combine the latest technologies and the industry's best practices, allowing clients to streamline processes, identify and manage their spend, and mitigate risk. The PeopleTicker™, nextSource's most recent innovation, is the industry's only real-time hourly rate and salary benchmarking tool which enables users to monitor market fluctuations for their full-time and contingent workforces to determine current market rates and salary data specific to industry, geographic region, skill-set, and experience level. John Sculley, former CEO of Apple Computer and PepsiCo, Inc., is the chairman of the nextSource Advisory Board. For more information, visit http://www.nextsource.com.