CDI Corporation Signs Major Deal With Monster.Com
MAYNARD, Mass.-- November 8, 1999 --Staffing and outsourcing leader CDI Corp. (NYSE: CDI - news) has signed a comprehensive contract with the world's leading online career site, Monster.com. Through the deal more than 400 participating offices of CDI Corp. and its subsidiaries, Management Recruiters International and Todays Staffing, gain corporate-wide access to Monster.com's resume database and an enterprise job postings package.
``As one of the world's largest and most successful technically-oriented staffing and outsourcing firms, we need broad access to a talented pool of job seekers to meet the growing needs of our own customers. Monster.com complements our current multi-level Internet presence and supports the recruiting efforts of CDI, MRI and Todays Staffing, '' said CDI President and Chief Executive Officer Mitch Wienick.
With this contract, CDI becomes one of Monster.com's largest customers.
``Companies like CDI Corp. are realizing that Monster.com offers great additional value to both recruiters and to the job seekers they hire,'' said Jeff Taylor, CEO of Monster.com. ``We're excited to continue working with CDI Corp and its subsidiaries to give them access to the millions of talented job seekers who visit our site each month.''
Monster.com, headquartered in Maynard, Mass, is the leading global careers Web site with 9.6 million unique visits per month. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com network consists of local content and language sites in the United States, United Kingdom, Australia, New Zealand, Canada, the Netherlands, Belgium, France and Singapore.
Monster.com is the flagship brand of the Interactive Division of TMP Worldwide (NASDAQ: ``TMPW''; ASX: ``TMP''). Founded in 1967, TMP Worldwide, now with more than 6,100 employees in 25 countries, is the online recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest yellow page advertising agency and a provider of direct marketing services. The company's clients include more than 80 of the Fortune 100 and more than 400 of the Fortune 500 companies. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.
About CDI Corporation
Philadelphia-based CDI Corporation, one of the world's largest staffing and outsourcing service providers, increases the productivity and competitiveness of its Fortune 1,000 customers through customized technical, information technology, professional and administrative staffing and outsourcing solutions delivered by CDI companies including Management Recruiters International and Todays Staffing. CDI employs 31,000 people and generated $1.54 billion in revenue in 1998. For more information about CDI services and employment opportunities, visit the CDI Corp. web site at www.cdicorp.com