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.
MAYNARD, Mass. & CARLSBAD, Calif. (PRWEB) March 14, 2007
"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 http://www.monster.com. More information about Monster Worldwide is available at http://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.