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Stuart Gentle Publisher at Onrec

Virtual Interactive Career Fair launches

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hotU inc., the provider of online relationship recruiting products and services for the higher education market, and TrueCareers, the online job board that provides hiring companies with pre-screened and experienced candidates, today announced that they have partnered to jointly develop a new product, Virtual Interactive Career Fair (VICF). VICF will combine hotU''s innovative chat software for the higher education market with TrueCareers'' resume search and job- posting technology. VICF will provide the only true interactive e- recruiting experience for university students and employers today.

Available beginning Tuesday, Sept. 3, VICF will enable Fortune 1000 employers to extend their e-recruiting efforts to university students in a more cost-effective way. The offering will allow employers to source and screen candidates while at the same time utilize state-of- the-art chat technology to interact dynamically with the candidates, from the privacy of their own office. VICF will feature interactive company information sessions; real-time question and answer sessions with students; and private follow-up and group-interviewing capabilities.

VICF is a step beyond other virtual career fairs offered to students. According to a recent survey of University of Wisconsin and Rutgers University students conducted by hotU, more than 80 percent said they wanted to see more of the recruiting process moved online and would like to participate in an interactive chat event to be recruited.

VICF is a major step forward for both employers and university career centers, which continue to contend with reduced travel budgets and staff cuts, yet have the requirement to build a qualified candidate pool to meet their current and future hiring needs, said Cathy Owen, president, hotU inc. We''re pleased to partner with TrueCareers to deliver this exciting new product to market in time for the fall recruiting season.

Our partnership with hotU will change the overall landscape of e- recruiting solutions. hotU''s brand recognition with university career centers, along with the integration of its interactive chat with our job- posting and resume search technology, provides a very compelling package to the Fortune 1000, said Michael Caggiano, chief executive officer, TrueCareers Inc.

hotU(tm) inc. (wwww.hotU.com) has been developing innovative web- based technology and online relationship recruiting services for the higher education market since 1997. By using an integrated platform of career services and interactive communication technology, hotU now brings students, employers and Career Center professionals together in a new way, to share information, collaborate, and accelerate the personal and professional development of students who want to participate. hotU''s solutions enable students and companies to efficiently and effectively develop relationships that will improve employment decisions. Employers can develop a virtual on- campus presence and maintain relationships with students as they graduate and long after they leave campus. hotU clients include Accenture, The Gillette Company, 3Com, Rutgers University, University of Virginia, University of Wisconsin, and others. For more information visit www.hotU.com or call 1-866-468-8462.

TrueCareers Inc. (www.truecareers.com), a Sallie Mae (NYSE: SLM) subsidiary, provides hiring companies with a more manageable and easy way to recruit candidates online. By utilizing the Sallie Mae database of seven million student loan borrowers, TrueCareers has unique access to a contender pool rich in education, experience and diversity. The service is free and confidential for job seekers, and caters to the educated workforce. The site helps candidates find attractive job opportunities with leading employers, and offers a variety of employment-related services, ranging from resume and interview resources to career guidance, salary statistics and more. TrueCareers follows Sallie Mae''s privacy policy and does not disclose personal information to third parties. For more information visit www.TrueCareers.com or call 1-800-441-4062. SLM Corporation and its subsidiaries, other than the Student Loan Marketing Association, are not sponsored by or agencies of the United States.