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Hudson Highland Group to Leverage Monster Services Across Its Global Enterprise.



Business Editors

NEW YORK--(BUSINESS WIRE)--July 8, 2003

Hudson Highland Group, Inc. (Nasdaq: HHGP HHGP Hudson Highland Group, Inc ), a leading global professional staffing, HR consulting and executive search enterprise, today announced a three-year agreement with Monster Worldwide Monster Worldwide NASDAQ: MNST is the parent company for Monster.com; it also owns other well-known websites such as Military.com, Tickle.com and Fastweb.com. Company Overview , Inc. (Nasdaq: MNST MNST Maximum Network System Throughput ) to leverage Monster(R) services across its global enterprise. Under the terms of the agreement, Hudson Highland will utilize Monster's broad array of hiring tools and services to streamline the process of targeting, sourcing, screening and tracking prospective job candidates around the world.

"We are committed to leveraging the most sophisticated and effective human capital technologies in order to provide the highest level of service to our global client base," said Jon Chait, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Hudson Highland Group. "Monster is widely recognized as the leader in developing and delivering proven HR technologies, and our professionals have come to rely on them to effectively serve the broad and ever-changing needs of our clients. This agreement ensures that our staff has full access to Monster's robust suite of technology solutions throughout the next several years."

Andrew J. McKelvey, Chairman and CEO of Monster Worldwide, added, "We look forward to providing Monster's services to Hudson Highland Group and believe the agreement enables both companies to grow and expand their respective businesses. We are confident that Hudson Highland's utilization of Monster's tools and techniques will further enhance their company's productivity and client value proposition, and we are delighted to add one of the world's leading executive search and staffing enterprises to Monster's growing roster of staffing industry clients."

About Hudson Highland Group

Hudson Highland Group, Inc. delivers a full suite of professional staffing, recruitment, HR consulting services worldwide and executive search. Spun off from human capital solutions provider Monster Worldwide, Inc. on March 31, 2003, the company consists of three divisions: TMP/Hudson Global Resources, TMP/Hudson Human Resource Consulting Services Provided
Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce.
 and TMP/Highland Partners. The two enterprises of TMP/Hudson Global Resources and TMP/Hudson Human Resource Consulting work together to assess, recruit, develop and deploy professional staffing, project management and consulting services. TMP/Hudson Global Resources provides a wide range of midlevel mid·lev·el  
n.
The middle stage or level, as in a series, course of action, or career.
 search, professional staffing and consulting services. At the top end of the recruitment services spectrum, TMP/Highland Partners recruits at the CEO, COO, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
, CFO See Chief Financial Officer.  and Board of Director level, as well as senior level operations and staff positions. With an employee base of 4,000 in nearly 30 countries, Hudson Highland Group is dedicated to providing unparalleled service and value to clients and consumers. More information about the company is available at www.hhgroup.com.

Special Note: Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 the company's strategic direction, prospects and future results. Certain factors, including factors outside of our 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 we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
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Publication:Business Wire
Date:Jul 8, 2003
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