Hyderabad:Monster̉, the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), has announced the appointment of Mr Arun Tadanki as Country Manager for India. In the role of Country Manager, Arun will be responsible for the entire operations of Monster in India and will report into Monster Asia Pacific Headquarters in Sydney.
Arun, age 31, a graduate from IIT Madras and with an MBA from IIM Ahmedabad, started his career with the Swiss multinational company Nestle, one of the largest food companies in the world, where he worked for 8 years. Between 2000 and 2002, prior to joining Monster, Arun was with JobsAhead.com as Head of Sales & Marketing.
Welcoming Arun on board, Ms Libby Christie, President of Monster, Asia Pacific said, "It is indeed a pleasure to have Arun lead the Monster business in India. Arun has a deep understanding of the Indian market along with excellent knowledge of the E-recruitment business, and has experience in managing large businesses successfully. He shares our vision for India and is committed to the fact that Monster intends to make India a significant market in its global operations."
On his new assignment, Mr Arun Tadanki said, "I am simply delighted to be a part of an exciting organization like Monster. The challenge of replicating in India, the enormous success of Monster globally, is exciting. I am confident that Monster with its powerful brand equity and high quality tools for job seekers and recruiters, will soon be the leader in the Indian E-recruitment market."
About Monsterindia.com
Monster India Pvt. Ltd., (www.monsterindia.com), based out of Hyderabad, India, is the 15th member of the Monster global network and a joint venture between Monster - the world's no. 1 career management network - and ecorp Limited, an Australia-based Internet investment company. Monsterindia.com recorded more than 279,000 unique visitors to the site in April 2002, according to Red Sheriff, an independent traffic-monitoring agency.
ABOUT MONSTER
Monster, headquartered in Maynard, Mass., is the leading global careers website, recording over 43 million unique visits during the month of March 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, Scotland, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com.
ABOUT TMP WORLDWIDE
Founded in 1967, TMP Worldwide Inc., with more than 11,000 employees in 32 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.
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.
