HRsmart and TMP Worldwide Establish Strategic Alliance

HRsmart and TMP Worldwide Advertising & Communications, a division of Monster Worldwide, Inc. (Nasdaq: MNST), the parent company of the leading global online careers property, Monsterô, and the worldís largest Yellow Pages and one of the worldís largest Recruitment Advertising agency networks, today announced a joint marketing and referral agreement.

Under the terms of the agreement, HRsmart will integrate TMPís advanced Internet job distribution tool, Job VIPeR (Volume Internet Posting e-Resource), into its Applicant Tracking System (ATsmart), as well as refer its clients to TMPís interactive recruiting solutions. In return, TMP Worldwideís Advertising & Communications division will refer its qualified interactive clients to HRsmartís innovative applicant tracking solutions.

Our strategic alliance with TMP continues our commitment to the ongoing enhancement of our product offerings, said Mark Hamdan, president and CEO, HRsmart. ìBy integrating Job VIPeRís functionality into our applicant tracking solution, our clients are exposed to TMPís robust job distribution tool and with this technology; HRsmart will add another significant value-added service for our clients.î

TMP Worldwideís Job VIPeR is an advanced Internet job distribution tool that enables clients to efficiently post their open jobs to multiple employment websites through a single transaction using an automated desktop process. Created to make life more manageable for human resource professionals, Job VIPeR is easy to use and acts as a central management conduit to the universe of general and industry-specific job boards, allowing clients to create customized media plans and more effectively control their overall recruiting costs. Additional information about Job VIPeR can be found at http://www.jobviper.com.

HRsmart delivers broad, integrated talent management solutions including Applicant Tracking, Employee Referral, Career Development, Succession Planning, Performance Appraisal and Learning Management, thereby, providing companies with a single vendor for all their talent management needs, while still providing separate applications for those with limited requirements. HRsmartís flagship product ATsmartô, is a Web-based applicant tracking solution that enables HR departments to easily automate the entire recruitment process from requisition to hire.

ìOur relationship with HRsmart continues TMPís commitment to offer our clients the best in automated recruiting solutions,î said Jill Erickson, Senior Vice President, Business Development at TMP Worldwide. ìOur combined services provide our clients comprehensive recruiting tools that we believe can save them significant time and money.î