Enterprise Rent-A-Car and Panasonic Team with Monster for Diversity Recruitment Solutions

MAYNARD, Mass., Jul 16, 2003 (BUSINESS WIRE) -- Monster(R), the leading global online careers property and flagship brand of Monster Worldwide Inc. (NASDAQ: MNST), today announced recruitment agreements with Panasonic and Enterprise Rent-A-Car. As part of these extensive recruiting relationships, the companies will be able to target, reach and access a diverse pool of qualified candidates on Monster's Diversity and Inclusion community (http://diversity.monster.com).

Monster recently announced the launch of the Diversity and Inclusion community, which is part of an exclusive online career partnership with the National Association for the Advancement of Colored People (NAACP), the nation's oldest and largest civil rights organization. Monster Diversity and Inclusion is a new community that connects diverse job seekers with employers who are looking to recruit a more diverse workforce.

"At Enterprise, we understand that having a diverse workforce is vital to our company's current and future success," said Marie Artim, corporate recruiting manager for Enterprise Rent-A-Car. "We are looking forward to utilizing Monster's Diversity and Inclusion community to find even more talented, qualified individuals to join our team."

"In today's world, it's important that the range of backgrounds in our workforce is reflective of our customers in the global marketplace," said Penny Joseph, Director, Recruiting and Outreach Programs for Panasonic. "The Diversity and Inclusion community at Monster offers a unique one-stop location to assist us in our efforts to find a qualified, diverse applicant pool that will help the corporation meet its business goals and objectives."

"Through these new recruiting agreements, we believe Enterprise Rent-A-Car and Panasonic will be able to improve the quality and diversity of their workforce through Monster's Diversity and Inclusion community," said Steve Pogorzelski, president of Monster, North America. "Additionally, diverse job seekers across the country will gain career-advancing opportunities through quality job offerings from two of the nation's leading companies in their industries. We are excited to work with these companies and further expand the benefits of the Diversity and Inclusion community."

Monster Diversity and Inclusion

Monster's Diversity and Inclusion community provides job seekers a wide range of career offerings, including useful links, career advice articles, profiles of diversity advocates and professionals, newsletters, moderated message boards on wide-ranging diversity topics and issues, and interactive tools and services focused on each of the nine different Diversity and Inclusion categories. In addition, Monster's Diversity and Inclusion community is also offered to job seekers on an expansive network of alliance partner websites, providing greater access for qualified job seekers and a broader reach for employers who post jobs. The Diversity and Inclusion Network includes Diversity and Inclusion online channels on AOL, MSN, NAACP, as well as eleven other organizations, including: BET, Gaywork, Hispanic Online, Hispanic Today, and Women in Business and Industry. The list of alliances can be viewed at http://diversity.monster.com/articles/alliances/.

About Monster

Monster, headquartered in Maynard, Mass., is the leading global careers website, recording over 45.9 million unique visits during the month of June 2003 according to independent research conducted by I/PRO. Monster 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 global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Scotland, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.

About Monster Worldwide

Founded in 1967, Monster Worldwide, Inc. (formerly TMP Worldwide Inc.) is the online recruitment leader and the parent company of Monster, the leading global careers website. Headquartered in New York with approximately 4,500 employees in 19 countries, Monster Worldwide is also the world's largest Recruitment Advertising agency network, the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the FORTUNE 100 and more than 490 of the FORTUNE 500 companies. Monster Worldwide (NASDAQ: MNST - News) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.

About Enterprise Rent-A-Car

Founded in 1957, Enterprise Rent-A-Car is headquartered in St. Louis and has more than 5,000 offices in the United States. Enterprise is the largest rental car company in North America and was named by CIO magazine as one of the "100 Companies Most Likely to Succeed in the Next Millennium." To book a reservation or learn more about Enterprise, log on to its Web site at www.enterprise.com.

About Panasonic

Matsushita Electric Corporation of America (Panasonic) is a subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE: MC), one of the world's leading developers and manufacturers of digital electronics for the home, the workplace and in between. Best known by its Panasonic brand name, the parent company is ranked 34th on Fortune Magazine's list of the Global 500 largest companies. For more information on Matsushita Electric Corporation of America and Panasonic, visit our website at: www.panasonic.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

SOURCE: Monster

Monster
Kevin Mullins, 978-461-8751
kevin.mullins@monster.com