Lucent Technologies Inc. to List Job Postings On CareerMag.com Web Site

Business Wire, Nov 16, 1998

BOULDER, Colo.--(BUSINESS WIRE)--Nov. 16, 1998--CareerMagazine, one of the largest online employment services, announced today that it has entered into an agreement with Lucent Technologies Inc. for posting employment opportunities on the CareerMag.com web site.

Under the agreement, all Lucent job postings currently available on their corporate web site are being replicated in the CareerMag.com database, which will potentially attract more than 350,000 viewers per month.

Lucent purchased CareerMag.com's platinum package, the most extensive recruitment program currently available. It features an employer profile, unlimited job postings, targeted banner advertising to university students and diversity professionals, and access to CareerMag.com's extensive resume bank. The platinum package provides Lucent the ability to target and hire top candidates across a variety of labor pools in an extremely cost effective manner.

"We are pleased to add Lucent to our roster of Fortune 500 companies that have come to recognize the many advantages of online recruiting. CareerMag.com has a long history of providing significant results to these types of leading companies as they search for top candidates. We are excited to forge a relationship with Lucent and to complement their national recruitment effort," stated Gary Resnikoff, CareerMag.com president.

"The use of technology in helping find and fill jobs is growing dramatically among employers as well as employees. Many companies are fast learning that Internet recruitment is an integral component of their overall recruitment processes. Meanwhile, candidates are also realizing that resume banks are excellent vehicles for having themselves recognized as viable candidates among a broad audience. CareerMag.com provides exposure for employers and employees alike and is able to marry them based on custom needs and specific criteria," Resnikoff concluded.

Valerie Kennerson, manager of sourcing center of excellence at Lucent, added: "We selected CareerMag.com due to their excellent reputation and proven successes in the provision of Internet recruitment services. CareerMag.com covers many of the areas for which Lucent is hiring including programming, information technology, engineering, sales/marketing and accounting/finance. Our relationship with CareerMag.com will help strengthen Lucent's overall recruitment efforts and enhance exposure for the company as we seek to fill the positions currently available worldwide."

Lucent Technologies, headquartered in Murray Hill, N.J. designs, builds and delivers a wide range of public and private networks, communications systems and software, data networking systems, business telephone systems and microelectronic components. Bell Labs is Lucent's research and development arm. For more information on Lucent Technologies, visit the company's web site at http://www.lucent.com.

Boulder, Colo.-based CareerMagazine is one of the largest online employment services. The Company's web site, www.careermag.com, features a magazine format and offers comprehensive employment information catering to both job candidates and potential employers. These include job listings, employer profiles, a resume bank, a career forum (for advice exchange) and a variety of articles relating to the job search process. CareerMagazine pioneered the online employment magazine format and also was one of the first web sites solely dedicated to Internet recruitment services.