Monster and Adicio Form Strategic Recruitment Services Alliance
Relationship Enables Adicio to Offer Monster’s
Industry-Leading Recruitment Services to 250+ Media Partners Nationwide
MAYNARD, Mass. & CARLSBAD, Calif. (Business Wire EON/PRWEB ) March 14, 2007 --
Monster®,
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®,
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.
See the original story at: http://eon.businesswire.com/releases/monster/adicio/prweb511324.htm
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