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Monster Worldwide Announces Strategic Interactive Acquisition of Online Career Assessment Testing Leader, Tickle Inc.

Tickle to Provide Monster with Enhanced Consumer Offerings, Valuable Interactive Content and Expanded Viral Marketing Capabilities

NEW YORK--(BUSINESS WIRE)--May 24, 2004-- affiliate business opportunity

New York, May 24, Monster Worldwide, Inc. ( MNST), the parent company of the leading global online careers property, Monster(R), today announced the strategic acquisition of Tickle Inc. (www.tickle.com), the market leader in online career assessment testing, serving more than 18 million active members. The addition of Tickle' discovery, career assessment and social networking is expected to expand Monster's subscriber base, related content and further fuel its viral marketing growth.

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Monster Worldwide, Inc. (NASDAQ: MNST), the parent company of the leading global online careers property, Monster(R), today announced the strategic acquisition of Tickle Inc. (www.tickle.com), the market leader in online career assessment testing, serving more than 18 million active members. The addition of Tickle's popular interpersonal content and subscriber services in the areas of self-discovery, career assessment and social networking is expected to expand Monster's subscriber base, enhance its career-related content and further fuel its viral marketing growth.

"Tickle is eager to join the online recruitment industry leader and introduce the benefits of our career assessment testing services to the millions of job seekers on Monster, ” said James Currier, founder and president of Tickle Inc. “We look forward to offering content and services that will help Monster grow and expand, while further enhancing the Monster job seeker experience and strengthening its job matching capabilities."

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Tickle is the online leader in assessing, evaluating, scoring and matching people, attracting a large and loyal audience on the Web and consistently appearing in comScore Media Metrix's Top 50 U.S. Internet Properties rankings. Tickle's patent-pending matching methodology uses scientifically proven principles to assess job seekers' personalities, interests and aptitudes, and direct them to the most compatible job opportunities. To date, the company has administered more than 250 million assessment tests to more than 50 million people, at an average rate of 50,000 career assessment tests per day, and has stored in its data warehouse more than seven billion questions answered by members.

By staying true to the vision of delivering a deep, rich, and meaningful way for people to connect with one another, the Tickle team has brought the company to the forefront of the market. Operating as a profitable company for seven consecutive quarters, Tickle was acquired by Monster Worldwide in May 2004 and is now part of the overall Monster network.

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Revenue Model Tickle has been profitable for the past seven quarters. Tickle has a combination of subscription fees paid by consumers with credit cards and advertising sponsorships. Management Team Tickle Inc. was acquired by Monster Worldwide in May 2004 and is a part of the overall Monster network. The company's original backers include August Capital as well as leaders in consumer advocacy, media, consumer research and technology. Tickle's methods are built on over 80 years of consumer science research developed at Harvard, Yale, Duke, Northeastern, Washington University in St. Louis, SUNY at Albany, and The University of Kansas. Tickle' ups.

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Tickle has been profitable since the second quarter of 2002. Through April 30, 2004, trailing twelve-month revenue was approximately $25 million. Monster Worldwide anticipates that the transaction will be earnings neutral in 2004 and accretive in 2005. The consideration paid for the transaction consisted of one million shares of Monster Worldwide common stock, an initial cash payment of $29.5 million and a three-year payment of approximately $40-plus million, related to achieving certain financial objectives.

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages advertising agency and one of the world's largest Recruitment Advertising agency networks. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 4, 600 employees in 26 countries, Monster Worldwide ( MNST) is a member of the S&P 500 Index. rmation about Monster Worldwide is available at www.monsterworldwide.com.

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The majority of Tickle's revenues are derived from consumer subscriptions with the balance consisting of online advertising revenues secured from top-tier advertisers. Tickle has also proven to be a strong viral marketing engine, as more than 200,000 e-mails from Tickle members are sent each day encouraging others to join. business international
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"The acquisition of Tickle brings a powerful new dimension to Monster, contributing proven consumer revenue-generating subscription offerings and unique interactive content that should enhance every site in our network of properties," said Andrew J. McKelvey, Chairman and CEO of Monster Worldwide. "Tickle's expertise in career assessment testing, networking and matching, combined with the viral nature of those businesses, dovetails perfectly with Monster's vast user base. With scientific research at its foundation, Tickle adds yet another layer to Monster's screening and hiring tools, providing recruiters a window into a candidate's personality and work preferences that goes beyond past achievements to who they are and their fit within the hiring organization. As part of our long-term strategy, we have been committed to diversifying our revenue streams and to expanding our consumer online services. Tickle is the ideal business to help us achieve these goals." base business home internet
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The addition of Tickle's services will enable job seekers on Monster to access a variety of career assessment tests ranging from "Right Job, Wrong Job" and " Career Personality" to "Career Interest Inventory" and "The Corporate Culture Test" to learn more about their aptitudes, job skills and career goals. Based on the test findings, job seekers will be able to better determine which job positions are the best fit based on their individual profiles. business free opportunity
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"Tickle is eager to join the online recruitment industry leader and introduce the benefits of our career assessment testing services to the millions of job seekers on Monster," said James Currier, founder and president of Tickle Inc. "We look forward to offering content and services that will help Monster grow and expand, while further enhancing the Monster job seeker experience and strengthening its job matching capabilities." business florida opportunity
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About Tickle based business franchise home
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Tickle Inc. is a leading diversified digital media company, focused on delivering interpersonal content and services (self-discovery, matchmaking, career and social networking) to more than 18 million active members worldwide. Founded in 1999 as Emode, Tickle is a place where people can use science to make deep, meaningful connections, understand themselves and others, and manage their personal and professional relationships in a way that is fun and enjoyable. Tickle is distinguished by a strong foundation in scientific research, a proven commitment to member privacy, and many years of customer satisfaction and financial stability. Tickle is headquartered in San Francisco, Calif. and can be found at http://www.tickle.com. business opportunity vending
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About Monster Worldwide business christian home
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Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages advertising agency and one of the world's largest Recruitment Advertising agency networks. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 4,600 employees in 26 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com. best business franchise
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Celebrating its 10-year anniversary, Monster is the leading global online careers property. A division of Monster Worldwide, 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 22 local language and content sites in 20 countries worldwide. Monster is the official online career management services sponsor of the 2004 U.S. Olympic Team. 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. based business christian home
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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 Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's 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 Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference. business free home opportunity
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Contacts business opportunity uk
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Monster Worldwide, Inc. business opportunity woman
David Rosa, 212-351-7067 business income internet
david.rosa@monsterworldwide.com based business computer home
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Christian Harper, 212-445-8135
charper@webershandwick.com