TMP Worldwide and Hire.com Announce Strategic Alliance; Market Leaders Leverage Combined Strengths to Jointly Provide Clients with Comprehensive Human Capital Management Solutions

Business Wire, Sept 16, 2002

Business Editors

NEW YORK & AUSTIN, Texas--(BUSINESS WIRE)--Sept. 16, 2002

TMP Worldwide Inc., the world's leading supplier of human capital management services, including the pre-eminent career portal Monster(R), and Hire.com, a leading provider of global talent management solutions, today announced a strategic alliance to provide mutual clients comprehensive hiring process solutions.

Under the terms of the agreement, TMP's Advertising & Communications division and Hire.com will work together to develop joint business and marketing opportunities with enterprise level clients. To create these comprehensive recruitment and hiring management services, the companies will combine expertise in interactive recruiting and traditional recruitment services. By offering these services together, the companies will enable their customers to realize increased measurable results from a single talent management solution.

"Hire.com is very well respected in the human capital management industry and they are the ideal complement to our interactive technologies and services," said Janine Buellesbach, Senior Vice President, Global Interactive at TMP Worldwide. "We look forward to working together to provide our mutual clients with complete human capital management solutions."

TMP Worldwide's Advertising & Communications division specializes in helping clients communicate their employment offering in order to recruit and retain the talent they need. Its services are delivered in six key areas: recruitment advertising, interactive communications, response management, employer branding, student communications and employee communications.

Hire.com's comprehensive talent management solutions allow enterprises to attract and retain the highest quality talent. Hire.com provides solutions that address the sourcing and capturing of passive, as well as active candidates, and the ability to prescreen and deliver interested, qualified, and available candidates immediately to the desktops of hiring authorities.

"We are excited to combine our market leading talent management solutions with TMP's world-renowned human capital management expertise for the mutual benefit of our customers," said Kevin Bethke, CEO of Hire.com. "By jointly offering a complementary set of recruiting and staffing applications and services, we will enable our collective customers to extend the reach of their human capital initiatives and in turn, more effectively acquire and retain the highest quality candidates."

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 8,500 employees in 33 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The Company's clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.

Monster, headquartered in Maynard, Mass., is the leading global careers website, recording over 44.9 million unique visits during the month of August 2002 according to independent research conducted by I/PRO. Monster connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, Finland and Scotland. Monster is the official online career management services sponsor of the 2002 Olympic Games and the 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.

About Hire.com

Businesses around the world use Hire.com's software and services to achieve competitive advantage through the planning, acquiring, and retaining of highly talented people. Since 1998, Hire.com's customer base has expanded to over 120 clients, including EDS, Electronic Arts, H&R Block Financial Advisors, Roche Diagnostics, Royal Caribbean Cruise Lines, Southern Company, and additional Global 1000 companies. Customers named Hire.com "Best in Customer Service" in ERE's 2002 Annual Industry Survey. More information on Hire.com is available at www.hire.com or by calling 1-800-953-HIRE.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act 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 and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.