Terra
Lycos and Headhunter.net Sign Multi-Million Dollar Agreement;
Lycos Network Sites to Feature 250,000 Top Job Listings.
ATLANTA & WALTHAM, Mass.--(BUSINESS WIRE)--Dec. 6, 2000--
Headhunter.net (NASDAQ:HHNT), a leading online awareness and recruiting
site, and Terra Lycos (NASDAQ:TRLY), the leading global Internet
network, today announced an agreement to integrate career-focused
products and services into the sites of the Lycos Network. Headhunter.net
will make extensive job listing and career development content
available to the nearly 33 million monthly visitors to the Lycos
Network on a new co-branded site, and will make payments to Terra
Lycos for the integration.
"Headhunter.net
was attracted to the Lycos Network's loyal consumer base and we're
certain the strong following will make good use of its new Headhunter.net
content," said Judy Hackett, Senior Vice President, Consumer
Marketing & Communications for Headhunter.net. "Clearly,
we're seeing consumers respond very positively to smart and relevant
content integration."
According
to a recent survey, more than 5.2 million Lycos Network users
say they will look for a new job within 12 months(1). The agreement
will enable the Lycos Network to offer their users direct access
to Headhunter.net's full menu of jobs. Headhunter.net's integrated
content and personalization services will be included in Lycos
Network sites including Lycos Classifieds, Lycos.com and HotBot
search results, My Lycos and relevant Lycos Network content destinations--such
as Small Business and Travel.
"With
this agreement, the Lycos Network will be able to offer integrated
career content, links and job search technology, to our users
who have actively and consistently been seeking it as evident
in our top search queries," says Kim Boucher, vice president
of e-commerce for Terra Lycos. "Lycos users will have access
to more than 250,000 job listings and employers and recruiters
will have another strong site where they can connect with the
qualified job seeker."
"As
our largest integration agreement to date, this further supports
that our integration strategy continues to thrive. As our company
grows so will our partnerships, in turn gaining greater exposure
for our job posting clients," continues Hackett.
About
Terra Lycos
Terra
Lycos is a new global Internet network operating in 40 countries
in 19 languages, reaching 91 million unique monthly visitors worldwide.
Created by the combination of Terra Networks, S.A. and Lycos,
Inc., Terra Lycos is one of the most popular Internet networks
in the U.S., Europe and Asia, is the leading portal to Spanish-
and Portuguese-speaking markets, and is the number three access
provider in the world. The Terra Lycos network of sites includes
Lycos.com, Terra.com, Angelfire.com, ATuHora.com, Gamesville.com,
HotBot.com, htmlGEAR.com, Invertia.com, LycosZone.com, Matchmaker.com,
Quote.com, Rumbo.com, Sonique.com, Tripod.com, Webmonkey.com,
WhoWhere.com and Wired News (Wired.com). The company's corporate
headquarters are in Barcelona, Spain and its operating headquarters
are in Waltham, Mass.
About
Headhunter.net
Headhunter.net
(www.Headhunter.net)
is a leading national online recruiting and job awareness network,
empowering candidates and corporations to manage the job search
process. The site features more than one million resumes and over
250,000 jobs representing 10,000 of the nation's top employers
across virtually every industry. Attracting more than 6 million
job seeker visits a month, Headhunter.net distinguishes itself
by providing job seekers privacy when searching and applying for
jobs, and allows job seekers and job posters to manage and track
the visibility and performance of their listings. In addition
to its Atlanta headquarters, Headhunter.net has offices in Annapolis,
Austin, Boston, Chicago, Cincinnati, Dallas, Los Angeles, New
York, Palo Alto, Philadelphia, San Francisco, San Jose, Seattle,
Tampa and Washington, DC.
Forward
Looking Statements
Some
of the preceding statements in this press release constitute "forward-looking
statements" within the meaning of the Securities Act of 1933,
as amended, and the Securities Exchange Act of 1934, as amended,
and the Company intends that such forward-looking statements be
subject to the safe harbors created thereby. Examples of words
indicating forward-looking statements include "believes," "expects"
and "will." These forward-looking statements reflect the Company's
current views with respect to future events and financial performance,
but are subject to many uncertainties and factors relating to
the Company's operations and business environment which may cause
the actual results of the Company to be materially different from
any future results expressed or implied by such forward-looking
statements. Please see Headhunter.net's Form 10-K, as amended,
for a list of such uncertainties and factors. The Company undertakes
no obligation to update or revise any forward-looking statement
whether as a result of new information, future events, or otherwise.
(c)Lycos,
Inc. Lycos(R)is a registered trademark of Carnegie Mellon. All
other product or service marks mentioned herein are those of Terra
Lycos or their respective owners. All rights reserved.
(1)
Source: @Plan Spring 2000. "Lycos Users seeking job change in
the next 12 months 16.3%" "With this agreement, the Lycos
Network will be able to offer integrated career content, links
and job search technology, to our users who have actively and
consistently been seeking it as evident in our top search queries,"
says Kim Boucher, vice president of e-commerce for Terra Lycos.
"Lycos users will have access to more than 250,000 job listings
and employers and recruiters will have another strong site where
they can connect with the qualified job seeker."
"As
our largest integration agreement to date, this further supports
that our integration strategy continues to thrive. As our company
grows so will our partnerships, in turn gaining greater exposure
for our job posting clients," continues Hackett.
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