Monstermoving.com Forms Alliance with Domania.com; Monstermoving.com Visitors Can Now Access Purchase Prices of More Than 20 Million U.S. Homes
NEW YORK--(BUSINESS WIRE)--Nov. 2, 2000--Monstermoving.com, the newest division of TMP Worldwide Inc. (NASDAQ: TMPW; ASX: TMP), and marketing extension of Monster(R).com, today announced a two-year agreement with domania.com, a leading Internet research site for residential real estate. The alliance will provide Monstermoving.com with key site content as well as customer acquisition and retention programming.
Monstermoving.com, one of the world's largest online marketplaces for relocation information, leverages the power of the Internet to provide consumers with the most expansive network of move-related information, goods and services needed to successfully manage all stages of the moving process.
Under the terms of the agreement, domania.com will power Monstermoving.com's comparable home sales search engine, enabling site visitors to access a database of more than 20 million U.S. home price purchase records. This important real estate market evaluation tool will allow home buyers, sellers and other interested parties to use the Internet to access a vast database of publicly available, yet hard to find information on home sale prices. Additionally, domania.com will assist Monstermoving.com in the development of a communications platform that will enhance customer acquisition and retention.
"Our relationship with domania.com provides some truly intriguing site content with broad consumer appeal," said Tom Zorn, President, Monstermoving.com. "The ability to quickly and easily check the purchase price of a home in your current or destination neighborhood is an invaluable resource for anyone looking to buy or sell their home."
"The TMP Worldwide and Monster brands are synonymous with Americans on the move - from careers to home relocation needs - and domania.com has built its leadership position on empowering consumers through home-related life stages," said Steven Kropper, chief executive officer, domania.com. "This alliance creates a standard for serving home-relocators and job-changers and helping them save time and money during one of life's busiest transitions."
As one of the world's largest online marketplaces of relocation information, services and moving-related decision support tools, Monstermoving.com intends to change the way people move by leveraging the power of the Internet to successfully manage all stages of the relocation process. Monstermoving.com offers access to a comprehensive array of moving-related services as well as an exciting assembly of "cool tools" designed to reduce the time, cost and stress associated with all stages of a move. Monstermoving.com features everything from home and apartment searches to mortgage and mover quotes, school information, utility and community resources. Monstermoving.com is a thoroughly effective point of service for consumers and businesses involved in the relocation process. As the newest interactive product offering of TMP Worldwide, Monstermoving.com is a marketing extension of Monster.com. More information about Monstermoving.com is available at www.monstermoving.com.
About TMP Worldwide
Founded in 1967, TMP Worldwide, now with more than 8,200 employees in 29 countries, is the on-line recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search & 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.
Monster.com (www.monster.com), headquartered in Maynard, Mass, the flagship product of the Interactive Division of TMP Worldwide, is the leading global career portal on the web which recorded over 17.1 million unique visits during the month of August 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 language and content sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, France, Singapore, Hong Kong, Germany, Spain and Ireland. More information about Monster.com is available at www.monster.com.
About domania.com, Inc.
domania.com, Inc. powers real estate research on the Internet, giving consumers information to help them save time and money in the real estate process and to support lifetime management of their largest assets - their homes. The company operates a leading real estate Web site (http://www.domania.com) and distributes a popular comparable home sales search engine across the Web through leading properties including Monstermoving.com, MarketWatch.com, Inc., America Online, Motley Fool and Dow Jones. domania.com creates strong and informed relationships among consumers and the home services and real estate professionals who serve them. Closely-held domania.com is an investment of CMGI @Ventures, the venture capital affiliate of CMGI.
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 TMP Worldwide's reports filed with the Securities and Exchange Commission.
--30--dp/bos*CONTACT: The Weber Group Amy Russ 617/520-7295 firstname.lastname@example.org or domania.com Alissa Ptacek 617/779-2173 email@example.com