Portland, ME – June 20, 2005 – Recruiternet, a leading provider of integrated solutions for managing corporate hiring strategies, today announced that they have signed an agreement with Monster, the leading global online careers property, to become a Monster Premier ATS Alliance Member. As part of the agreement, Recruiternet and Monster will create advanced candidate sourcing capabilities within the Projectix platform. The jointly-developed solution, which will include in-depth integration, mutual service team training, and co-marketing efforts, is designed to provide employers with an end-to-end solution for sourcing, selection, and on-boarding to help employers meet their hiring needs.

“We are committed to creating continuous hiring workflow for our clients, from job creation to a new employee’s first day of work,” said Robert Neveu, President and Founder of Recruiternet. “Our alliance with Monster furthers that goal by giving clients integrated access to the global online recruitment leader. By focusing on seamlessly integrating all portions of the hiring process in a single platform, we are able to streamline processes across an organization and drive provable cost savings and return on investment for our clients.”

"Listening to our customers is a key component of Monster’s product strategy," said Brad Baker, chief product and marketing officer, Monster. "Exemplifying our goal to continually find ways to help employers better meet their broad hiring needs, relationships with Premier HR Alliance Members like Recruiternet enhance Monster’s offerings by providing access to an industry-leading talent management solutions."

Under the agreement, Recruiternet and Monster will develop an integrated hiring solution that offers recruiters and candidates the following:

In addition to the Monster Premier ATS Alliance Membership, Projectix has completed integrated service offerings with background checking, behavioral assessments, tax screening and a variety of other client specific service collaborations. As one of the only solutions to offer both hourly and salaried hiring, Projectix has also been consistently ranked as a leading applicant tracking solution by independent sources. Gartner, AMR, Workforce Management and ERExchange have all included Projectix in their analyses of leading solution providers. Projectix has been noted for its high levels of flexibility through technologically advanced configuration capabilities and a collaborative services approach. By leveraging .NET technology from the ground up, Projectix is tailored to a company’s particular recruiting process, including seamless HRMS integration, complementary service offerings and advanced workflow support. Projectix supports talent management across an organization and around the globe, offering 13 standard language translations and complete localization of the data scheme.

Founded in 1999 and headquartered in Portland, Maine, Recruiternet is the enterprise behind Projectix, a leading applicant tracking and talent management solution for corporations around the world. Projectix supports a wide range of clients, including Dunkin Brands, The TJX Companies, Inc., FoodLion, Tyco Healthcare and SGI. Recruiternet is exclusively focused on partnering with its Projectix customers to cost-effectively enhance the recruiting and staffing process. Recruiternet Europe, headquartered in the U.K. and dedicated to supporting European Projectix clients, is a wholly owned subsidiary of Recruiternet. Recruiternet is a Microsoft Certified Partner. More information is available at www.fadv.com/hms/.

Monster is the leading global online careers property. A division of Monster Worldwide (NASDAQ: MNST), 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 25 local language and content sites in 23 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://recruiter.monster.com.