Recruiting Solutions Partners with Adcorp Australia Limited to Bring Recruiting Software to Australia and New Zealand

Business Wire, August 10, 2000

Business Editors

DENVER--(BUSINESS WIRE)--Aug. 10, 2000

Recruiting Solutions International, Inc. (http://www.recruitingsoftware.com) has announced a strategic partnership with the publicly traded company Adcorp Australia Limited (ASX:AAU). Adcorp is Australia's and New Zealand's leading provider of Recruitment Advertising services. In addition to forging a technology exchange relationship, Recruiting Solutions has granted the exclusive marketing rights to Adcorp of Recruiting Solutions' RecruitingCenter(TM) for Australia and New Zealand for an undisclosed figure. Recruiting Solutions' flagship product, RecruitingCenter is the most intuitive and versatile Web-based recruiting process management tool available. RecruitingCenter vastly increases hiring productivity by transforming corporate Web sites into powerful recruiting tools and automating the entire hiring process, resulting in more quality hires in far less time. With the purchase of the rights to sell RecruitingCenter, Adcorp has insured it's position as the number one provider of solutions for the recruitment industry in the Southern Hemisphere.

Established by Ian Rodwell in 1981, Adcorp (http://www.adcorp.com.au) has become Australia's largest recruitment advertising agency as well as diversified itself with the addition of http://www.employment.com.au and a host of Web site design, database development, hosting and maintenance services specific to the recruiting industry. Adcorp competes directly with TMP Worldwide, owner of http://www.monster.com (Nasdaq:TMPW), http://www.tmpw.com. In addition to owning the license for RecruitingCenter, Adcorp is the portal linkage and the affiliate for the CareerMosaic brand for Australia and New Zealand, recently purchased by http://www.headhunter.net (Nasdaq:HHNT).

Commencing operations in 1995, http://www.employment.com.au is the longest running general employment Web site in Australia, servicing a multitude of industries and occupations. Besides its massive storehouse of applicant resumes and impressive functionality, http://www.employment.com.au has entrenched itself as one of Australia's dominant recruitment Web sites with the exclusive ownership of the following domain names: http://www.employment.com.au, http://www.jobs.com.au, http://www.career.com.au and http://www.recruitment.com.au. Reflecting this, Adcorp's gross sales were more than AUS $55 million for the second six months of 1999, up 18.6 percent from the first half of the year with a net after tax profit of AUS $2.63 million up 22.1 percent.

After an extensive, global search of recruiting process management tools, Adcorp decided to ally itself with the provider of the benchmark software, RecruitingCenter. Adcorp will market RecruitingCenter under the moniker, recruitmanager (http://www.recruitmanager.net). The acquisition and subsequent integration of RecruitingCenter will allow Adcorp to increase the functionality of http://www.employment.com.au, attracting even more employment advertisers and applicants to the Web site. Recruiting Solutions and Adcorp will both benefit greatly in their relationship and look forward to empowering recruiters with Web-based recruiting tools in Australia and beyond.

Recruiting Solutions, headquartered in Denver, provides 100% Web-based recruiting process management software for human resource professionals, consulting firms and other organizations involved in recruiting. RecruitingCenter(TM) 3.5 was released earlier this year and is currently in use by hundreds of clients including FOX Channels Group, Strong Funds, Hoover's Online and SunAmerica, Inc. For more information, visit their Web site at http://www.recruitingsoftware.com or call 1.877.998.1550.