REPEAT/ Monstermoving.com Connects with Allied Worldwide; Agreement Positions Monstermoving.com as an Integral Component of Allied Worldwide's National Marketing Initiatives
NEW YORK--(BUSINESS WIRE)--Oct. 30, 2000--Monstermoving.com, the newest division of TMP Worldwide Inc. (NASDAQ: TMPW; ASX: TMP), and marketing extension of Monster(R).com, today announced a premiere strategic advertising and marketing agreement with Allied Worldwide, the world's largest relocation and van line logistics company. Allied Worldwide is the owner of Allied Van Lines, Inc., North American Van Lines, Inc., and Global Van Lines, Inc.
Monstermoving.com, one of the world's largest online marketplaces for relocation information, leverages the power of the Internet to provide consumers the most expansive network of move-related information, goods and services needed to successfully manage all stages of the moving process. Monstermoving.com will be developing and managing corporate and field marketing initiatives for Allied Worldwide's brands. The relationship links Monstermoving.com with Allied Worldwide's national network of agents, making Monstermoving.com an officially recognized and endorsed marketing component of Allied Worldwide. The alliance will support Allied Worldwide's efforts to identify and reach movers in the early stages of the relocation cycle.
TMP Worldwide, a global leader in human capital management, is playing a significant role in both the online and offline advertising efforts of Allied Worldwide through its Yellow Pages and Monstermoving.com divisions. This arrangement demonstrates TMP Worldwide's strategic approach of integrating and expanding its online and offline business units to effectively serve clients and consumers, and its commitment to leverage interactive technology to generate new business opportunities for Yellow Pages clients and for TMP. Allied Van Lines and North American Van Lines have been premiere TMP Worldwide Yellow Pages clients since 1986 and 1989 respectively.
"Monstermoving.com is thrilled to be serving one of TMP's largest Yellow Pages clients and providing them with direct access to a highly targeted relocation audience," said Tom Zorn, President, Monstermoving.com. "We view our relationship with Allied Worldwide as an indication of the power of the online marketplace."
"We are very excited to be joining forces with Monstermoving.com," said Michael P. Fergus, President, Network Business, Allied Worldwide. "Changing jobs is a `trigger event' for relocation, and our agreement with Monstermoving.com positions us well to serve these transferees."
About Monstermoving.com
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.
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 Allied Worldwide
With operations in 36 countries, more than 1,100 agents, and revenues in excess of $2 billion, Allied Worldwide is a leader in both relocations and van line logistics services for high value and special products. The company's high profile brand names include North American Van Lines in the U.S. and Canada; Allied Van Lines in the U.S. and Canada; Global Van Lines in the U.S.; Pickfords in the U.K.; and Allied Pickfords in Europe, Australia, New Zealand and Asia. The North American, Allied, Global and Pickfords trademarks are considered among the most valuable brand names in the moving industry and, in independent research, these brands consistently ranks among the top van lines in terms of brand recognition and customer satisfaction.
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 TMP Worldwide's reports filed with the Securities and Exchange Commission.
--30--bh/bos*
CONTACT: Amy Russ The Weber Group 617/520-7295 aruss@webergoup.com or Paula Felbein Allied Worldwide 630/717-3627












