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TMP Worldwide Introduces First Web-based Tool Enabling Higher Education Institutions to Further Streamline Student Enrollment Operations
In addition, the company announced that the University of Dayton (www.udayton.edu) in Dayton, Ohio, a school widely recognized for effectively utilizing cutting-edge technology, is the first to select and implement the new solution as part of its enrollment operations.
Collegeware is the newest offering in TMP Worldwide's broad array of online educational properties, which includes FastWeb, CollegeLink, MonsterLearning and MonsterTrak.com. Delivered via an ASP model, Collegeware is a highly advanced Web-based tool that enables colleges and universities to more effectively and efficiently manage enrollment operations and information.
By automating critical on- and offline enrollment operations, Collegeware allows schools to better communicate with, and manage, their "prospect and inquiry" pool of applicants. The Educational Marketing Group of TMP Worldwide's Advertising and Communications, North America, developed the new solution.
Collegeware is the only enrollment management tool that enables institutions to integrate and manage on- and offline communications, including voicemail, email, letters and enclosures. It also offers a wide range of other useful features that help reduce enrollment operations costs and increase efficiencies.
For example, a "sniffer" technology serves to verify whether the email addresses and mailing addresses of prospective students are still valid, thereby eliminating wasted outgoing correspondence from universities.
Since Collegeware is delivered via an ASP model, upgrades are delivered automatically to schools at no additional cost, and no physical hardware or additional overhead commonly associated with client-server solutions is required. As a result, Collegeware is priced considerably lower than any other existing solution currently on the market.
Up until now, the majority of higher education institutions have relied on costly client-server based solutions that are more difficult and take far longer to implement and maintain, and offer vastly less functionality, than Collegeware.
The University of Dayton, which currently ranks as the 16th most wired school in Yahoo Internet Life magazine's annual ranking of the nation's "most wired colleges," is one of the first schools to make the switch to TMP's Collegeware solution.
As the only university in the country to currently require online applications from all prospective students, the University of Dayton is widely recognized for being a leader in utilizing technology to improve and enhance school operations, while offering students and parents a wide range of online features and resources.
"In addition to its cost-savings advantages, we selected Collegeware because we're convinced its functionality is far superior to anything else available today and will greatly improve the efficiency and effectiveness of our prospect and inquiry pool communications," said Chris Munoz, Vice President for Enrollment Management at the University of Dayton. "We have always prided ourselves on having the most technologically advanced enrollment operations, and we're confident that Collegeware will put us ahead of where we are today."
"Having a technologically celebrated institution like the University of Dayton select Collegeware as its enrollment solution is a major milestone for our product and significant vote of confidence," said John Meagle, Vice President of Educational Marketing at TMP Worldwide's Advertising and Communications, North America. "We plan to aggressively market Collegeware to other institutions and believe it will greatly complement MonsterLearning and other educational products we currently offer to the higher education sector."
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 & 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 www.tmp.com.
Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 29.1 million unique visits during the month of November 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.
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:
TMP Worldwide
Dan Bustillos, 212/351-7084
dan.bustillos@tmp.com
or
Weber Shandwick Worldwide
Christian Harper, 212/445-8135
Charper@webershandwick.com
