Monster.com Announces Strategic Alliance With AOL Europe -- Extends AOL Relationship
Over 5 Million AOL Members Across Europe to Benefit from Monster's Leading Career Resources
Monster.com to Capitalize on AOL Europe's Strong Subscriber Relationships, Successful Pan-European Platform and Continued Momentum
MAYNARD, Mass. & LONDON--(BUSINESS WIRE)--Nov. 15, 2001-- AOL Europe, Europe's leading Internet, online and e-commerce services company, and Monster.com, the leading global careers network and the flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), today announced a strategic alliance to provide members on AOL Europe's properties in the UK, France and Germany with Monster.com's career management tools and resources.
The announcement builds on a highly successful relationship announced in December 1999 that brought Monster.com's career management resources directly to the largest consumer audience in cyberspace across seven America Online, Inc. brands. This deal replicates the AOL-Monster relationship in the U.S., and tailors it to the specific needs of the European market. Monster will now be prominently featured and promoted across AOL Europe properties in the UK, Germany and France and will provide job seekers instant access to over one million global job opportunities in the Monster Network, along with resume tools, postings and databases; executive search, selection and outplacement; and other information linking prospective employers with applicants.
In addition, AOL members can utilize Monster's industry-leading resume builder and its comprehensive suite of career-related information including interviewing, job search techniques, and advice through the Careers channel of the AOL UK, Germany and France services. AOL Europe properties will be promoted across Monster's websites in the UK, Germany and France.
"We've had a very successful relationship with AOL in the U.S., and we're happy to build on that success with this new alliance. We are confident that the combination of AOL Europe's strong consumer reach and Monster's established leadership position in the global recruiting market will result in a robust European career center for both job seekers and employers," said Jeff Taylor, founder of Monster.com and Global Director Interactive, TMP Worldwide. "With this alliance, Monster strengthens its position as the overall leading European career site and the premier destination for job seekers worldwide."
"This relationship extends to Europe a proven alliance between Monster and AOL, highlighting the power of combining commerce and content. Much more than forging traditional marketing agreements, AOL Europe works with the leaders in the online medium to reach consumers in a unique and effective way," said Jerry Glover, Senior Vice President, Interactive Marketing, AOL Europe. "Monster's leadership in providing valuable online career resources will be a significant benefit to our members across the UK, Germany and France."
Monster.com joins AOL Europe's growing roster of leading content and commerce partners, including Amazon, Proctor & Gamble, Europcar, John Lewis and many more. The AOL services in Europe recently passed the 5 million member mark.
About AOL Europe
AOL Europe is Europe's leading Internet, online and e-commerce services company, reaching consumers in ten countries and five languages through its AOL and CompuServe subscription services, the AOL and CompuServe portals and the AOL Instant Messenger, CompuServe Office and Netscape registered user services.
AOL Europe consistently leads in time spent online, the key measure of powerful subscriber relationships and member experience that have made AOL the world's #1 interactive service.
Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 24.9 million unique visits during the month of September 2001 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, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster.com 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.com is available at www.monster.com or by calling 1-800-MONSTER.
About TMP Worldwide
Founded in 1967, TMP Worldwide Inc., with more than 10,500 employees in 33 countries, is the online recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest executive search and executive selection agencies. TMP Worldwide, 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. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at http://www.tmp.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.CONTACT: Monster.com Kevin Mullins, 978/461-8751 firstname.lastname@example.org or AOL Europe John Ullyot, 44 20 7348 8352 email@example.com