TMP Worldwide Selected For Fortune Magazine's New E-50 Index
Deemed as a Major Player on the Internet within the Net Software and Service Sector of the Index
NEW YORK -- Nov. 17, 1999 --TMP Worldwide Inc. (NASDAQ: TMPW; ASX: TMP), the leading provider of global recruitment solutions including the dominant Internet career portal, Monster.com; and the world's largest Yellow Pages advertising agency, today announced that the company has been named to Fortune Magazine's first ``e-50 Index,'' which selects 50 of the best performing companies on the Internet. On Monday, the company was also named to Inter@ctive Week's ``Internet 500'' list of companies, playing a crucial role in shaping the future of the Internet economy.
According to Fortune Magazine's Bethany McLean, though the selected e-50 companies cover the spectrum of the Internet economy, they all ``are redefining not only the way business is done but also how we shop, communicate, advertise, entertain ourselves, plan our lives and manage our finances.''
TMP's interactive operations, led by its flagship brand, Monster.com, which 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, posted billings of $41.4 million for the third quarter ended September 30, 1999. This was an increase of 177.7% from $14.9 million for the prior year period. Operating profit for this quarter was a record $4.9 million, compared to $0.9 million for the third quarter of 1998.
``It is an honor to be selected to Fortune magazine's first 'e-50 Index','' said Andrew J. McKelvey, Chairman and CEO of TMP Worldwide. ``As our investors certainly recognize, we at TMP understand the power and dynamic nature of '.com' and appreciate that the marketplace recognizes our achievements. We are dedicated to our Internet products, and we continue to build our global infrastructure, with Monster.com at the helm, further positioning ourselves as the global leader of online and offline recruitment solutions,'' he continued.
About TMP Worldwide
Founded in 1967, TMP Worldwide, now with more than 6,600 employees in 25 countries, is the on-line recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest yellow page advertising agency and a provider of direct marketing services. The company's clients include more than 80 of the Fortune 100 and more than 400 of the Fortune 500 companies.
Monster.com (www.monster.com), the flagship product of the Interactive Division of TMP Worldwide, is the leading, global on-line network for careers, connecting the most progressive companies with the most qualified career-minded individuals. Monster.com is committed to leading the market by offering innovative technology and superior services that give consumers and businesses more control over the recruiting process. The Monster.com network currently consists of websites in the United States, Canada, the United Kingdom, the Netherlands, Australia, Belgium, France, Singapore and New Zealand. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.













