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Press Release - February 8, 2008 
 

Pradeep Gupta picks up Dice India Holdings’ stake in CyberMedia tech job portal

Bangalore / New Delhi: February 8, 2008  

CyberMedia group founder Mr. Pradeep Gupta has picked up the stake of Dice India Holdings, Inc. (a subsidiary of the US-headquartered Dice, Inc.) in CyberMedia Dice Careers Limited. 

CyberMedia Dice Careers Limited, a subsidiary of publicly listed CyberMedia India Limited, will be renamed as CyberMedia Careers Limited with CyberMedia India Limited and Pradeep Gupta as the key stakeholders. 

The CyberMedia job portal, focused exclusively on the IT job sector, has over 680,000 registered job seekers / users. This makes CyberMedia portal the largest job portal focused exclusively on the IT jobs in the country. (As per Dataquest research estimates, India had 1.3 million IT professionals at the beginning of 2008). 

The CyberMedia tech job portal achieved this number as a result of a joint offering of Dice India Holdings, Inc. and CyberMedia, South Asia’s largest specialty media house. The two companies came together in October 2004 to fill in this gap.

CyberMedia Group Chairman Mr. Pradeep Gupta, said, “With this change in the ownership pattern, we would like to reward our 680,000 registered job seekers / users with several innovative services.”

CyberMedia Tech Job portal aspires to offer unique services to the 680,000 registered job seekers / users on our site to further enhance their careers in the technology domain. It will help the hiring companies to source and recruit the most qualified technology professionals.

CyberMedia and IT job market 
CyberMedia’s expertise in the job market goes back to late 1980s. As IT industry took roots in India, it was the Dataquest appointment ads (in the form of yellow pages at the back of each issue) that became the biggest source for IT recruiters. As, the business moved online, CyberMedia launched CIOL Jobs which transitioned to CyberMedia Dice after the JV. Over the last three years, this JV focused its energies to help customers source and hire the most qualified technology professionals and to provide those professionals with the best job opportunities in their respective fields.

About CyberMedia
CyberMedia, now in its 25th year, is South Asia's first and largest specialty media house, with fifteen publications (including Dataquest, DQ Channels and DQ Week, PCQuest, Voice&Data, Global Services and DARE) in the infotech, telecom, consumer electronics, biotech and entrepreneurship areas, and is a media value chain including Internet (www.ciol.com), events and television. The group's media services include market research (IDC India), job board (CyberMedia tech jobs portal), content management, multimedia, and media education. 

CyberMedia also publishes BioSpectrum Asia from Singapore and Global Services from the U.S.A., the first Indian magazine titles to be published from outside the country for a global audience. 

About Pradeep Gupta 
Mr. Pradeep Gupta, an IT veteran with over 30 years experience in the industry, pioneered ‘Business To Business’ publishing with India's first Information Technology magazine, Dataquest in 1982. 

PG, as Pradeep Gupta is popularly known, is an alumnus of IIT Delhi and IIM Calcutta. He is also the Past Chairman of Pan-IIT Alumni India, a Board member of TiE Delhi and the Vice President of the Indian Association of Magazines. He also heads the Technology sub-committees of the Indian Newspaper Society. PG was awarded the distinguished alumnus award by his alma mater IIT Delhi in 2001.

For media inquiries, please contact: :
At CyberMedia 
Manhar Kapoor
Company Secretary
CyberMedia
Cyber House, B-35, Sec 32, 
Gurgaon 122001 India
Mob: +91 98106 04790. 
EM: manhark@cybermedia.co.in 

Or

At Strategic Communications and PR
Sanjiv Kataria
+ 91 98100 48095 mob
+ 91 98100 48095 sms
sanjiv.kataria@gmail.com
   

Or 

www.cybermedia.co.in  

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