Monster.com Hits Monumental 10 Million Resumes Milestone
Lead is Strengthened in Online Career Category during Award-Winning Month of April Monster.com Reaches 15 Million Job Seeker Accounts
MAYNARD, Mass.--(BUSINESS WIRE)--May 14, 2001--Monster.com(R), the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), today announced that it hit a record 10 million total resumes in its resume database as well as reached 15 million job seeker members. Monster.com remains the most visited online careers site with a reach(1) of 6.6 percent and 49 percent of career eyeball minutes. Complementing its growing site traffic numbers, Monster.com garnered several awards during the month of April, continuing its role as an innovator in the career management industry as well as the brand leader worldwide.
According to independent research conducted by Media Metrix, Monster.com is the number one destination for career seekers. Monster.com maintained its stronghold this month with an average of 30.1 page views per user and a power ranking(2) of 198.7 - more than 3 times that of its closest competitor's power ranking of 50.2. Monthly unique visitors to Monster.com increased from 3.5 million a year ago to 5.7 million for April 2001, an increase of 63 percent.
"Despite the slowing of the U.S. economy, Monster.com has continued to grow and diversify its products and offerings both to job seekers and the employers, including the recent acquisition of HiringTools.com," said Jeff Taylor, CEO of Monster.com. "The awards we received during April as well as the strong traffic numbers demonstrate that Monster.com is not only persevering, but thriving."
During the month of April, Monster.com was recognized for its strengths in a variety of areas. Monster.com's "Ted's Resume" advertising campaign won the Best Offline Marketing for an Online Business category at Revolution Magazine's Revolution Awards (http://184.108.40.206:8080/awards/winnerdetails.cfm?r=2&id=16). Monster.com was named a finalist for a coveted 21st Century Achievement Award in the Business and Related Services category for the 2001 Computerworld Honors Program. Entrepreneur Magazine also listed Monster.com among its Top 100 Websites for Small Business, while Monster Campus (Monster.com's career community for the college market) was named 'Best of the Net' by About Public Relations on About.com.
New to Monster.com
Monster.com recently announced that the Post-a-Job functionality is now available in the UK, Canada, France, Germany, Belgium, the Netherlands, Ireland, and Spain. Post-a-Job, the e-commerce tool for non-member employers designed to help them post jobs on the site, lays the groundwork for future e-commerce projects on Monster.com.
Hiring Tools -
On May 8th, Monster.com announced the acquisition of privately held HiringTools.com, the quality leader in web-based human resources applications. The acquisition of HiringTools by Monster.com will be highly beneficial to Monster customers, who will gain access to a comprehensive suite of web-based tools. With Monster's broad customer base, HiringTools should be quickly adopted by thousands of employers eager to improve their recruiting process.
Monstermoving.com, a leading online source of relocation information, recently announced an increase in monthly traffic of approximately 300% since the site's official launch in October 2000. Monstermoving.com also announced its "Win a Free Year on the Monster" Sweepstakes. The Sweepstakes offers Monstermoving.com site visitors an opportunity to enter and win one of more than 20 different home, lifestyle and relocation prizes, including an amazing Grand Prize of more than $50,000 to be used for home-related expenses. The Sweepstakes will run from April 18 to June 15, 2001, in conjunction with the start of the peak moving season - the time during which the majority of this year's 43 million relocating Americans are expected to move.
Monster.com Records High Traffic Numbers in Europe -
Traffic figures released by Nielsen/NetRatings position Monster.com as the most visited commercial career site in France, the UK, Germany and the Netherlands. Meanwhile, the number of resumes posted on Monster's European sites reached a staggering 660,000 at the end of April, while 'My Monster' accounts across the region surpassed 1.2 million. In the first four months of 2001 alone, European resumes and 'My Monster' accounts rose by more than 50%.
Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 26.1 million unique visits during the month of March 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, and Italy. 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 9,500 employees in 32 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. More information about TMP Worldwide is available at www.tmp.com.
(1) 'Reach,' which equals the percentage of the total Internet population who accessed Monster.com in the month of April.
(2) 'Power ranking,' which equals 'reach' multiplied by 'unique pages per visitor per month,' represents aggregate job seeker activity in a given month.
Special Note: The above statements include forward-looking statements based on current management expectations. Factors that could cause future results to differ from these expectations include the following: risks associated with acquisitions, competition and seasonality. Additional factors are described in the company's reports filed with the Securities and Exchange Commission.
--30--jb/bos*CONTACT: The Weber Group Kelly Sullivan 617-520-7239 firstname.lastname@example.org or Monster.com Dean Rosingana 978-461-8034 email@example.com