TMP Worldwide/Monster.com Acquires FlipDog.com

State-of-the-Art Technology Enhances Leadership Across TMP's Business Units, Positions Company for Further Growth

NEW YORK--(BUSINESS WIRE)--May 30, 2001--TMP Worldwide (NASDAQ: TMPW), the world's leading supplier of human capital solutions, including the pre-eminent Internet career portal Monster.com, announced that on May 25th, it acquired privately held FlipDog.com(TM) from WhizBang! Labs, Inc. FlipDog.com is a leading commercial career site with more than 600,000 jobs from more than 50,000 employers in more than 3,500 locations. The terms and conditions of the acquisition were not disclosed.

"FlipDog.com's technology advantage significantly enhances our suite of market-leading products and services and provides all of TMP with a powerful pipeline management tool," said Andrew J. McKelvey, chairman and CEO of TMP Worldwide. "The upside is incredible. FlipDog.com will serve to drive new business leads for Monster and across TMP's other businesses, while broadening and deepening the services we can provide to our clients."

FlipDog.com is powered by state-of-the-art information extraction technology that finds and extracts job-posting information from the websites of hiring organizations and provides links to them from FlipDog.com. Since its launch in April 2000, FlipDog.com has grown to its current position as the fifth most trafficked Internet site dedicated to online recruiting as measured by unique visitors, according to April 2001 Media Metrix statistics. Based in Provo, Utah, FlipDog.com was formerly a division of WhizBang! Labs, Inc. As part of this acquisition, WhizBang! Labs(TM) will provide TMP with additional information extraction services.

"FlipDog.com brings incredible technology and content to the TMP family of companies," said Mark Simonsen, president and CEO of FlipDog.com. "Customers worldwide stand to benefit tremendously from combining the strengths of FlipDog.com with Monster.com, the most powerful online recruiting force in the market today." TMP will continue to operate FlipDog.com as its own separate entity and website, serving as a data resource for TMP's other businesses, including Advertising & Communications, its recruitment advertising and creative services business unit.

"FlipDog.com's powerful technology will also be brought to bear upon our recently announced pending acquisition of Jobline to further drive our expansion in Europe," added McKelvey. "As the completion of the Jobline acquisition increases our brand dominance throughout Europe, FlipDog.com's information extraction technology will enhance our offerings and accelerate our business development growth." By acquiring Jobline, Monster.com would enter into five new markets in Europe: Denmark, Norway, Switzerland, Sweden and Finland, bolstering Monster's total number of European sites to 14 and international sites to 21. The Jobline acquisition is subject to customary closing conditions.

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.

About Monster

Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 25 million unique visits during the month of April 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 FlipDog.com

FlipDog.com is the Web's largest commercial career site, with more than 600,000 jobs from more than 50,000 employers, and is ranked by PC Magazine as one of the Top 100 Web Sites in the world (4/23/00 and 12/5/00). FlipDog.com is powered by technology from WhizBang! Labs(TM), the leading provider of Web-based information extraction tools and services. Through its "Powered by FlipDog.com" program, the company develops and implements fully customized and branded career search capabilities on partners' Web sites.

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.

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