Released on: March 7, 2008, 7:21 am

Press Release Author: PeoplePerHour.com

Industry: Human Resources

Press Release Summary: PeoplePerHour.com celebrates its 4000th member!

Press Release Body: 7th March 2008, London.
Nikki Newhouse, based in Oxfordshire and London, a freelance writer and practising
coach is the 4000th service provider signed up on the leading online skills
marketplace: Peopleperhour.com.
Nikki, 31, works predominantly from home and has been a freelancer for over 5 years,
having moved to the 'other side of the desk' after a successful career as an Editor
in Chief.
She says: "The service offered by PeoplePerHour.com is a real necessity for
professionals like myself who are looking for genuine, verified connections to
people who need our services. The site's format is clear, clean and easy to navigate
and the way in which it offers service providers the chance to input a broad range
of skills and experience means that the right service provider gets matched to the
right job efficiently and easily. " As the PeoplePerHour.com tagline says: Job
done!"
PeoplePerHour.com is increasingly attracting highly skilled freelancers who
appreciate being paid for work in days rather than weeks or months. Fast payment is
guaranteed through the secure online payment system, backed by an escrow that holds
the payment, and releases it within days of the work being accepted.
The system pays out for work done so fast that small businesses can use
PeoplePerHour.com to boost their cashflow when they anticipate cash gaps, thus
avoiding swingeing bank charges.
CEO Xenios Thrasyvoulou says Peopleperhour.com helps small and medium sized
businesses work smarter by using his site to get freelancers bidding to do project
work. Because it\'s a bidding system, business buyers get work done at keen prices.
And because the service providers are focused on specific tasks, businesses are only
paying for the work done, not the time that regular staff might spend hanging round
the water cooler. Job done!
PeoplePerHouse.com Background Information
 PeoplePerHour are already the UK leaders for the online skills market. To
date around 1,400 projects posted by UK businesses on PeoplePerHour.com have been
successfully completed by a selection of 4,000 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: PR contact: Penny Haywood Calder
pr@peopleperhour.com
PeoplePerHour.com
3rd Floor
15 Knightsbridge Green
London,
SW1X 7QL
United Kingdom
Tel: +44(0)316695190