New York, N.Y. and Santa Clara, CA, October 8, 1997 -- Yahoo! Inc., (NASDAQ: YHOO), and TMP Worldwide (NASDAQ: TMPW) [1]announced a strategic agreement that brings together the world's single largest Internet navigational guide and two of the Internet's leading online recruitment Web sites, The Monster Board (http://www.monster.com [2]) and Online Career Center (http://www.occ.com [3]) (OCC). The Monster Board and OCC, products of TMP's Interactive Division, will be featured in the employment section of Yahoo! Classifieds (http://classifieds.yahoo.com [4]), providing users will access to more than 100,000 quality job listings.
"As one of the Web's largest distributors of information and services, Yahoo! Classifieds is an ideal partner for us as we continue our strategy of developing alliances with dominant Internet players to increase the reach of our online recruitment Web sites," said Andrew J. McKelvey, chairman and CEO of TMP Worldwide. "Today's announcement is the third such announcement we have made in the last month with top Internet brands."
With The Monster Board and OCC, TMP offers Yahoo! Classifieds users an extensive list of full-time job opportunities with quality companies. Once users gain access to The Monster Board or OCC through Yahoo! Classifieds, they will have the ability to research prospective employers, apply to jobs online and store their resumes for potential employers to review.
"Our goal is to partner with the "best of the best" to ensure that our users have access to the highest quality content on the Web today," said Ellen Siminoff, vice president of business development for Yahoo!. "As a result of our agreement with The Monster Board and OCC, we can offer users job opportunities from some of the world's largest and fastest growing corporations."
More than 10,000 of the nation's top employers, including 55 of the Fortune 100 companies, have used TMP's recruitment sites as part of their recruitment strategies. Collectively, The Monster Board and OCC Web sites had nearly two million visits in August, according to Nielsen I/PRO.
Jeff Taylor, executive vice president of TMP's Interactive Division, said the company's goal is to place its clients' job postings and company information in front of as many job seekers as possible.
"Yahoo! -- with its huge number of users -- is a key partner in our distribution strategy," Taylor said. "Since the beginning of the year we have developed alliances, like the one with Yahoo!, with more than 20 leading Web content providers." According to Media Metrix/PC Meter's July ratings, TMP is delivering the largest pool of potential candidates to its Web sites.
Yahoo! Inc. (NASDAQ:YHOO) is an Internet media company that offers a network of globally-branded properties, specialty programming, and aggregated content distributed primarily on the Web, serving business professionals and consumers. As the first online navigational guide to the Web, www.yahoo.com [5] is the single largest guide in terms of traffic, advertising, and household reach, and is one of the most recognized brands associated with the Internet. Yahoo! Inc. continues to develop a family of community services, including Yahoo! Chat, Classifieds, and Yellow Pages, along with targeted Internet guides for geographic audiences (Yahoo! Japan, UK & Ireland, France, Germany,
Canada, San Francisco Bay Area, Los Angeles, New York, Chicago, Washington, D.C., Boston, Austin, Seattle, Dallas/Fort Worth, Atlanta, Twin Cities); shared-interest audiences (Yahoo! Internet Life magazine and website, Yahoo! Finance, Yahoo! News and unfURLed, MTV/Yahoo!'s online music guide); and demographic audiences (Yahooligans!, a Web guide for kids; and Beatrice's Web Guide for women). Yahoo! Inc. is headquartered in Santa Clara, Calif., and can be found on the Web at www.yahoo.com [5].
The Monster Board, based in Framingham, Mass., and Online Career Center, based in Indianapolis, Indiana, are products of the Interactive Division of TMP Worldwide, the world's largest yellow page advertising agency and one of the world's largest recruitment advertising agencies. TMP intends to continue to develop alliances that will provide additional traffic/circulation to its list of career center Web sites, which currently includes The Monster Board, OCC, Be The Boss (http://www.betheboss.com [6]) and MedSearch (http://www.medsearch.com [7]).
The Monster Board is a registered trademark of TMP Worldwide. Online Career Center, Be The Boss and MedSearch are service marks of TMP Worldwide.
"Yahoo!," "Yahoo! Classifieds" and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc.