I-Group HotBank and Monster.com Form Strategic Relationship to Provide Best-of-Breed Recruiting Tools to Incubated Companies

Leading Online Recruiter Supplements Mentor Capital Offerings, Draws Top-notch Talent to Incubated Start-ups

BOSTON--(BUSINESS WIRE)--Nov. 28, 2000--I-Group HotBank NE, Boston's premier Internet incubator and a SOFTBANK Corporation affiliate, and Monster.com, the leading global online careers site and flagship brand of TMP Worldwide (NASDAQ: "TMPW"; ASX: "TMP"), today announced the formation of a strategic recruiting relationship. The deal extends Monster.com's custom online recruiting services to I-Group HotBank's portfolio of incubated companies.

"Teaming with I-Group HotBank is a natural fit for both companies. This synergistic relationship brings Monster.com job seekers a multitude of new employment opportunities with the incubator's Boston start-ups," said Steve Pogorzelski, executive vice president of sales at Monster.com. "The ability to post jobs and access Monster's database through I-Group HotBank's online 'Mentor Capital' services is an incredible resource for these young start-ups."

Monster(R).com provides the recruitment tools for I-Group HotBank's portfolio companies, thus allowing the start-ups to focus on their marketing and technology efforts. Monster.com's cost-effective and efficient recruiting solutions give I-Group HotBank's incubated companies the ability to post jobs, create company profiles, and route and search the Monster.com database of over six million resumes.

"The Internet has become the preferred medium for job placement efforts, both on the recruiting side as well as for individuals searching for the best new employment opportunities. Monster.com is the most respected and well-known online destination for recruiting," said Ashok Kalelkar, managing director at I-Group HotBank NE. "Establishing a close relationship with Monster.com strengthens the services that I-Group HotBank provides to entrepreneurs even further, helping to ensure that only the best talent is brought into these start-up companies--positioning them for success."

About I-Group HotBank

I-Group HotBank NE is the premier Northeast incubator for Internet entrepreneurs, focused on turning great ideas into fast-growing businesses. I-Group HotBank combines the expertise of Internet business leader SOFTBANK Corporation and the Intercontinental Group, one of Massachusetts' most successful entrepreneurial businesses. I-Group HotBank empowers early-stage ideas and companies with 'Mentor Capital' services--the expertise and resources for early-stage companies to succeed in today's competitive marketplace. I-Group HotBank also leverages the powerful SOFTBANK network of 300 high tech and Internet companies to offer mentoring and partnership, sales, investment and recruitment assistance. I-Group HotBank's Ames Mansion is a 25,000 square foot brownstone mansion with original woodwork and designs, equipped with the latest technology, support and amenities. I-Group HotBank is located on the World Wide Web at http://www.i-group.com.

About Monster.com

Monster.com, headquartered in Maynard, Mass., is a leading global careers Web site, recording over 19.4 million unique visits during the month of October 2000 according to independent research conducted by I/PRO. 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 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, Germany, Ireland and Spain. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER. Monster.com is the flagship brand of the Interactive Division of TMP Worldwide Inc. (NASDAQ: "TMPW"; ASX: "TMP").

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., now with more than 8,750 employees in 30 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 Inc., headquartered in New York, is also 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 480 of the Fortune 500 companies.

--30--dp/bos*

CONTACT: I-Group HotBank Jennifer Chrisler 617-638-3004 jchrisler@i-group.com or Schwartz Communications, Inc. Mike Schultz/Jim McKeown 781-684-0770 i-group@schwartz-pr.com or Monster.com Dean Rosingana 978-461-8034 dean.rosingana@monster.com