Monster Introduces Talent Management Suite to Help Companies Recruit, Hire and Retain the Best Employees.HOLLYWOOD, Fla. -- Monster Joins Forces with HRsmart to Offer Employers Integrated, Bundled Solutions for Career Site Hosting, Applicant Tracking and Human Capital Management Monster(R), the leading global online careers and recruitment resource and flagship brand of 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 NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MNST MNST Maximum Network System Throughput ), today announced the release of the Monster Talent Management Suite, a set of fully integrated employment solutions targeted toward small businesses and mid-size enterprise companies. Through a new technology agreement with HRsmart, a leading developer of talent management software products, the Monster Talent Management Suite offers enhanced and integrated Career Site Hosting (CSH csh - C shell ) and Applicant Tracking System An Applicant Tracking System (ATS) is a software application that enables the electronic handling of corporate recruitment needs. Most include a corporate career site, allowing companies to post jobs onto their own website, as a way to attract candidates. (ATS) products. This integrated and cost-effective solution enables customers to optimize day-to-day HR activities and offers sophisticated analytical tools to save them time and money while improving effectiveness and simplifying the process. Monster Talent Management Suite also offers post-hire modules including on-boarding, learning management, performance management and salary management. The addition of these post-hire modules marks the expansion of Monster's product portfolio into talent retention solutions. Monster's customers will now be able to automate, manage and measure the employment lifecycle from pre-hire sourcing through post-hire employee retention via a single-source solution. "We continue to build on our HR Alliance strategy by aligning with Premier ATS alliance members for our very large customers, and offering robust Monster branded employment solutions for the mid-size market," said Neal Bruce, Vice President of Alliances for Monster. "Gone are the days when an HR team requires five different vendors, systems and passwords to do their jobs. Monster intends to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this huge opportunity to better serve the mid-size market by offering innovative solutions across the employment lifecycle through one unified platform." "The combination of Monster's market expertise with our technology creates a highly compelling value proposition for employers," said Mark Hamdan, HRsmart, 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. . "Employers will have seamless solutions that address all talent management challenges including sourcing, hiring, training, development, performance and retention." Presence at ER Expo 2006 Fall Monster will be available to discuss, and offer demonstrations of the Monster Talent Management Suite at Booth #19 and #20 during show floor hours: --Wednesday, September 13th: 12:45 p.m. - 3:15 p.m.; 5:30 p.m. - 7:30 p.m. --Thursday, September 14th: 11:00 a.m. - 2:00 p.m. About Monster Worldwide Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. Headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of with approximately 4,200 employees in 36 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com. About Monster Monster(R) is the leading global online careers and recruitment resource. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 34 local language and content sites in 32 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://info.monster.com. About the Monster HR Alliances Program The Monster HR Alliances program seeks to create greater customer value via highly integrated product and service offerings. Through the initiative, Monster has established several alliance program categories including Applicant Tracking Systems (ATS), Job Distribution, and Candidate Assessment Providers. About HRsmart, Inc. Founded in 1994, HRsmart provides a fully hosted, network-delivered suite of talent management software solutions including applicant tracking, online recruiting, performance management, learning management, career development, succession planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — , employee referral and job distribution. HRsmart supports a wide range of clients including, but not limited to, the medical, retail, manufacturing, financial, government, hospitality, petrochemical and telecommunications industries. Many organizations, including Fortune 500 companies, commercial public career boards and recruiting firms turn to HRsmart for their talent management needs. HRsmart has operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Canada and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and offers solutions in English, Spanish and French. For more information, please visit www.hrsmart.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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 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 other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference. |
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