Monster and Bullhorn Form Alliance to Launch Online Recruitment Platform for Staffing and Recruiting Firms

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PowerSource provides seamless access to Monster and Bullhorn's Staffing and Recruiting Front Office via one interface.

PowerSource is the only co-branded industry solution available today that fully integrates Monster with front office software. Bullhorn will continue to provide innovative, real-time and integrated sourcing solutions to supply staffing and recruiting professionals with the capabilities to source the best candidates in the shortest time possible.

Monster ®, the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST) and Bullhorn ®, the global leader in On Demand, front office staffing and recruiting software, today unveiled a new online recruiting platform named PowerSource, based on Bullhorn's new Integrated Resume Search™ technology (see today's announcement, "Bullhorn Integrated Resume Search Helps Recruiters Search and Place Candidates Faster"). Harnessing Monster's expertise in efficient and effective search and Bullhorn's leading staffing and recruiting front office, PowerSource combines real-time posting, shared apply and integrated resume search to enable faster, better quality placements. PowerSource is available immediately from Bullhorn and Monster.

"Monster has long been dedicated to working with staffing companies of all sizes to help develop applicant sourcing strategies that meet their specific requirements," said John Hennessy, senior vice president of Staffing for Monster. "Now with PowerSource, firms will have access to an end-to-end recruiting tool that will increase the speed of their recruiting efforts and optimize their recruiting resources."

PowerSource provides seamless access to Monster's industry leading job postings and resume database, and Bullhorn's integrated front office solution, to improve recruiter's productivity in sourcing and placing candidates faster. Among the key benefits of PowerSource are:

  • Real-Time Posting: Staffing and recruiting firms will see the benefits of using PowerSource immediately as jobs appear on the Monster site in minutes. In addition, their web presence will be expanded with a branded career site where seekers can see the jobs firms have available as soon as they are posted.
  • Shared Apply: Seekers are able to effortlessly apply to a job using either the quick apply or by selecting their resume. Recruiters receive the seeker's application within minutes directly through Bullhorn.
  • Integrated Resume Search: Recruiters are able to find the right candidates fast by searching their own private Bullhorn database and Monster's repository of jobs, selecting the resumes that best fit their open positions quickly and efficiently without ever leaving Bullhorn.

"PowerSource leverages the breadth and depth of Monster along with Bullhorn's leading front office solution to give staffing and recruiting firms a competitive advantage with the ability to quickly source the best candidates and make faster placements," said Art Papas, CEO and co-founder of Bullhorn. "PowerSource is the only co-branded industry solution available today that fully integrates Monster with front office software. Bullhorn will continue to provide innovative, real-time and integrated sourcing solutions to supply staffing and recruiting professionals with the capabilities to source the best candidates in the shortest time possible."

"The Bullhorn interface for Integrated Resume Search and PowerSource is very intuitive and user-friendly. Bullhorn's interface uses Web 2.0 features to let users easily pick search criteria without getting overwhelmed by hundreds of choices," said Scott Berkson, managing partner at Jobdot. "Our recruiters find it extremely easy to customize searches and parse resumes. The new interface has tabs to easily toggle between both Bullhorn search and Monster's database without having to exit the Bullhorn application."

Availability
PowerSource is available immediately and will be jointly sold by Monster and Bullhorn. It will be supported by Bullhorn.

The announcement was made at ASA Staffing World in San Diego. Both companies are among the five American Staffing Association corporate partners.

About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve 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 http://www.monster.com.

About Bullhorn, Inc.
Bullhorn is the global leader in On Demand, front office staffing and recruiting software, providing the only completely integrated front office solution for staffing and recruiting firms. Bullhorn's customers achieve the highest placement rates in the country. By enabling recruiting, sales and management to live and work together, Bullhorn synchronizes sales and recruiting to generate, source and fill job orders in real-time, at anytime and from anyplace. Delivered through software as a service, Bullhorn continually meets the evolving business needs of its customers. More than 1,400 firms and 14,000 users worldwide, including some of the largest global staffing firms, partner with Bullhorn to meet the employment demands of the global economy. For more information, visit http://www.bullhorn.com or call +1(888)GoLive8.

CONTACT:
Monster:
Steve Sylven, 978-461-8503
Steve.Sylven @ monster.com

Bullhorn:
Alison Kenney, 781-990-3729
akenney @ bullhorn.com

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JOE CORDO

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