New Delhi - April 8, 2009 - LimeExchange, the socially-networked, online services marketplace has achieved yet another milestone by registering over 25,000 users in a record period of 8 months since its global launch on July 30, 2008 – making it one of the fastest growing services marketplaces in the world. To acknowledge this milestone and to show their appreciation to its service providers who helped fuel this growth, the company is waiving all project-related fees and commission for a period of 90 days starting April 01, 2009. LimeExchange features freelance professionals & small businesses specializing in areas such as graphic design, programming, copywriting, and business services--more than 20,000 talented service providers in over 160 countries worldwide. Businesses and individuals who are looking for resources on demand and an extended outsourced workforce can register and post a project free of charge, and receive proposals from talented professionals and small businesses that meet their criteria. Buyers can then choose the best proposal, negotiate terms of service, track and manage milestones and flexible payment schedules via a secure escrow account – all within the LimeExchange interface. “LimeExchange's growth showcases the existence of demand for flexible work and global skills in today's economy,” said Pawan Agarwal, Head India Operations Lime Labs LLC. “Inspired by feedback from our users, the fees waiver would be one of the ways to show our gratitude and respect towards our community” added Mr. Agarwal. Enthusiastic about the addition in the credibility of brand image after working on LimeExchange, this is what Shreyasee Bharve, VP Sales & Marketing, ECBuzz has to say, “It is an important sales channel, which helps market our services across the globe. LimeExchange is definitely evolving to become a true open community marketplace for SMBs like ours.” Registration, posting projects, and bidding on projects is always free for both buyers and providers on LimeExchange – which is one element of its success. LimeExchange traditionally charges a payment-processing fee and a transaction fee to cover the cost of fund transfers and operating costs. For the 90-day period, the company will waive both the transaction fee and the payment-processing fee for any project awarded during this period. About LimeExchange: LimeExchange, the marketplace for global talent on demand, is one of the fastest growing online services marketplace in the world. With a large network of highly rated talent, LimeExchange provides a supplemental work base to individuals, small businesses and corporations around the globe. By using LimeExchange, service buyers can find the talent they need on demand by posting project requirements. Service providers can find and bid on projects and start building profitable business relationships with clients around the globe. To learn more and to set up a free profile, visit LimeExchange.com. About Lime Labs LLC: LimeLabs is an innovative web services company focused on facilitating the exchange of ideas and information through technology. Its portfolio of services includes LimeExchange, a global services marketplace; LimeDomains, a web hosting and domain registration service; and LimeBits, an open source code sharing community. LimeLabs is also member of the LimeGroup, an umbrella organization that encompasses several brands and services, including LimeWire and Tower Research Capital. Press Contact: Mohit Verma/ Ankita Upadhyay Twenty Twenty Media Pvt Ltd B23, Sentor – 2, Noida U.P. – 201301 Office Tel: +0120 4642020 mohit@2020india.com ankita@2020india.com