AIMR Launches Interactive, Global Job-Search Service for Investment Industry.

Business Wire

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--May 16, 2000

In response to increased demands by employers and recruiters worldwide for highly qualified investment-industry job candidates, the Association for Investment Management and Research has introduced a new interactive job-search database that, within just days of going "live," already has 3,300 registered job seekers and 250 posted openings for investment professionals.

By visiting www.aimr.org/jobline.html, any employer around the globe can use AIMR JobLine to reach thousands of job-seeking AIMR members -- 75% of whom are Chartered Financial Analyst(TM) (CFA(R)) charterholders. AIMR members are experienced portfolio managers, financial analysts and other investment professionals who annually recommit to uphold the highest standards of professional conduct. CFA charter-holders are AIMR members who, among other requirements, have at least three years of job experience and have passed a rigorous series of examinations in investment analysis and decision-making over at least three years. (The service is not accessible by non-member job seekers.)

"AIMR JobLine is an excellent opportunity for any employer trying to fill an investment industry position to reach out to analysts and managers of the highest caliber," said Thomas A. Bowman, CFA, AIMR's president and CEO. "AIMR JobLine will help to meet AIMR's mission of advancing the interests of the global investment community. We are pleased to add it to the full array of benefits already available to members."

Advantages to employers using AIMR JobLine include:

-- Online job-posting management - Employers can enter job

descriptions, check the status of postings, edit information,

renew or discontinue postings and even make payments online.

-- Finding the right candidate for the job - JobLine users can

identify the best candidates through skills matching and by

searching the profiles of over 3,000 AIMR members.

-- Building company awareness among qualified investment

professionals - Along with each job posting, employers can

provide information about their companies and provide Web site

links.

-- Free introductory period - Currently, employers can use the

new AIMR JobLine at no cost. Beginning this summer, the

service will cost employers $150 a month per job posting, up

to $500 a month for unlimited job postings. Six and 12 month

price breaks will be available.

For job-seeking members of AIMR, the JobLine offers, as a free member-benefit:

-- Job search control - Investment professionals may store as

many as five versions of their resumes in personal accounts.

With just the click of a mouse, they can submit resumes

electronically to employers. The member's account

automatically keeps track of jobs to which they have already

applied.

-- Skill and qualification postings for employer-initiated

searches - By using a "Post My Profile" feature, AIMR members

can post information about their skills and qualifications and

let employers come to them. Job seekers are not asked to

disclose any personal information, so their identities remain

confidential. Members will receive an e-mail from interested

companies so they can decide which companies to contact.

-- A "Notify Me!" system to locate positions matching

pre-selected criteria - AIMR members can save their search

criteria in "Notify Me!" and the system will scan through new

job listings each day to locate jobs that match their

specifications. Job seekers will receive an e-mail when there

is a match. They can then follow an embedded link in the

e-mail message to view matching career opportunities and apply

to them directly.

AIMR developed the JobLine in partnership with Maryland-based Boxwood Technology, Inc., a premier applications-service provider to the electronic recruiting industry. In addition to hosting full-featured online recruiting technologies, Boxwood Technology, Inc. also provides technical support, customer service, accounting, content management and ongoing product development. Boxwood clients include commercial career sites, niche portals, associations, newspapers, as well as radio and television services. For more information about Boxwood's products and services, visit www.boxwoodtech.com or call Cynthia Johnson at [phone].

The Association for Investment Management and Research is an association of 42,000 financial analysts, portfolio managers and other investment professionals in 95 countries. Its membership also includes 95 local societies and chapters in 21 countries. Headquartered in Charlottesville, Va., USA, AIMR has a staffed office in Hong Kong and is preparing to open an office in Europe. The association is best known for it Chartered Financial Analyst (CFA(R)) professional-credential program, which today has more than 73,000 candidates enrolled from 135 nations. AIMR also is renowned for its stringent professional conduct standards and for its industry-leading advocacy and standard-setting work encouraging full and fair disclosure of financial information for investors and anyone involved in investment decision-making. More information on AIMR is available by calling 800-247-8132 or 804-951-5499 or visiting www.aimr.org.