Released on: February 23, 2008, 7:30 am

Press Release Author: PHPR Ltd.

Industry: Human Resources

Press Release Summary: Today\'s report that World-Check and Datanomic found nearly
4000 terrorists, financial criminals and disqualified directors in the UK\'s
Companies House Register (plus another 27,000 suspects) has led PeoplePerHour.com to
call for Companies House to put its house in order.

Press Release Body: UK, 23 February 2008
Today\'s report that World-Check and Datanomic found nearly 4000 terrorists,
financial criminals and disqualified directors in the UK\'s Companies House Register
(plus another 27,000 suspects) has led PeoplePerHour.com to call for Companies House
to put its house in order.

PeoplePerHour.com are the leading online skills marketplace provider that matches up
small-to-medium sized businesses needing work done with freelance providers based
both here in the UK and globally.

PeoplePerHour.com CEO, Xenios Thrasyvoulou says, \"Small businesses, freelancers and
solo traders can\'t afford to make specialist security checks on everyone they deal
with. They should be able to rely on companies and directors listed at Companies
House being, at the very least, not disqualified by their own system.\"

At least, companies and freelancers working through PeoplePerHour.com are unlikely
to suffer financially if they encounter one of these crooks. PeoplePerHour.com
removes the usual credit risk of doing business by using a unique Escrow system to
intermediate payment between the \'Buyer\' and \'Seller\' of the service. Where
traditionally a small business would bear the risk of non payment plus the added
cost and time associated with chasing up the payment, PeoplePerHour.com takes that
risk.

http://www.peopleperhour.com

ENDS (background information follows)
For further info, contact: Penny Haywood at PHPR on 0131 669 5190 (day or evening)
or email penny@phpr.co.uk.

PeoplePerHour.com Background Information
* PeoplePerHour are already the UK leaders for the online skills market. To date
over 1,200 projects posted by UK businesses on PeoplePerHour.com have been
successfully completed by a selection of 3,700+ registered providers from the UK
(49%), and (in decreasing order) from US, India, Argentina and Spain, enabling UK
small businesses to tap into a global labour market.
* Founded in 2007 by two Cambridge graduates: Xenios Thrasyvoulou and Simos Kitiris,
PeoplePerHour.com are targeting an estimated £5 billion opportunity. That\'s based on
the Federation of Small Business (FSB) figures for 2006 showing the total annual
spend on part-time, agency workers and casual labour in the UK across all businesses
was £70 billion a year. 4.4 million small businesses in the UK are currently growing
by 10% annually and account for 35% of the UK workforce, but only 44% of the small
business workforce is in full-time employment.
* Buyers choose from an average of five bids per project posted and in many cases
can access CV, photo, description, sample work and referee contact details.
* PeoplePerHour.com ensures providers get paid on completion through a combination
of their unique escrow facility plus PayPal.
* The company has already attracted £350,000 of seed investment from prominent angel
investors and is in discussions with a number of VCs.
* PeoplePerHour practises what it preaches. Their team consists of developers in
India, designers in the US, a virtual assistant, PR agent and bookkeeper - all from
the site.
* Busiest work categories are (in descending order): Web Development & Programming,
Design, Admin Support, Writing (including Translations and Transcriptions),
Marketing & PR, and Research.
* The typical buyer runs a small business (usually less than 20 people). No sectoral
bias: companies seem to vary from boutique financial firms, Internet companies,
property and PR agencies.

See PeoplePerHour in action on http://www.peopleperhour.com

Web Site: http://www.peopleperhour.com

Contact Details: For further info, contact: Penny Haywood at PHPR on 0131 669 5190
(day or evening) or email penny@phpr.co.uk.