Recruitment Services to 250+ Media Partners Nationwide
MAYNARD, Mass. & CARLSBAD, Calif.--(BUSINESS WIRE)--March 13,
2007--Monster(R), the leading global online careers and recruitment resource and
flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), and Adicio Inc., the
leading provider of interactive classified advertising software for media
companies, today announced an alliance to facilitate access to Monster
recruitment services. Through the alliance, Adicio's 250+ clients will be able
to utilize Monster's industry-leading tools and resources in ways that best suit
their respective needs. In addition, Adicio will provide backend technology
support and data conversion for media companies choosing to align with Monster
for recruitment services.
"Today's announcement represents a tremendous opportunity to increase
Monster's localized points of distribution across the country - which is a key
component of our strategy to drive market share, particularly among the small
and medium-sized business segment," said Doug Klinger, president, Monster North
America. "Local media companies, and technology companies like Adicio, are
choosing to work with Monster because of our high brand awareness; the quality
and depth of our products and services; and our ability to attract quality job
seekers."
Adicio clients may elect to engage in a full co-branded partnership with
Monster to leverage Monster's brand recognition, national reach and leading
search and match technology. Alternatively, Adicio media partners can offer
advertisers the option of posting particular jobs on Monster from the Adicio
Careers platform - for national reach and greater local exposure - and can
provide seekers the opportunity to expand their search to see the matches
Monster provides.
As part of the deal, Monster customers will be able to purchase print
advertising from Adicio media partners later this year via Monster's new "click
to print" service - where online ads can be easily transformed into print.
"Aligning with Monster allows us to offer our clients industry-leading
solutions that help them best serve their audiences and continue to be
competitive in the changing recruitment landscape," said Rick Miller, president
and CEO, Adicio. "Monster creates win-win situations with its media partners,
enabling them to leverage Monster's brand recognition and national reach while
offering the greatest value to job seekers and employers."
Moving forward, Adicio will handle the technology integration for media
companies choosing to work with Monster to ensure seamless transitions for
employers and job seekers. Adicio will coordinate implementation and
integration, including data conversion of resumes, employer accounts and job
seeker agents. Adicio will also provide phone and online technical support,
training assistance and other services, including job wrapping, in support of
Monster's media alliances.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), the
premier global online employment solution for more than a decade, strives to
bring people together to advance their lives. With a local presence in key
markets in North America, Europe, and Asia, Monster works for everyone by
connecting employers with quality job seekers at all levels and by providing
personalized career advice to consumers globally. Through online media sites and
services, Monster delivers vast, highly targeted audiences to advertisers.
Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To
learn more about Monster's industry-leading products and services, visit
www.monster.com. More information about Monster Worldwide is available at
www.monsterworldwide.com.
About Adicio, Inc.
Adicio develops interactive classified advertising software solutions for the
careers, real estate, and motors markets, which serve the Internet's leading
media companies and web portals. With its award-winning technology and
enterprise-class software platforms, domain expertise, and customer service,
Adicio delivers a private-label application that is seamlessly integrated within
online classified advertising offerings, enabling organizations to build and
manage the largest, most valuable, and highest-quality communities of buyers and
sellers.
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 Monster Worldwide,
Inc.'s strategic direction, prospects and future results. Certain factors,
including factors outside of Monster Worldwide's 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
Monster Worldwide operates, risks associated with acquisitions, competition,
seasonality and the other risks discussed in Monster Worldwide's Form 10-K/A and
other filings made with the Securities and Exchange Commission.
CONTACT: Monster
Danielle Perry,
978-461-8366
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or
Weber Shandwick for
Monster
Andy Rohr, 617-520-7030
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or
Adicio
Inc.
Beth Brody, 609-397-3737
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SOURCE: Monster Worldwide, Inc.
