"Given the size and complexity of the industry, having a dedicated subsidiary focused on healthcare is the best way to provide full value to healthcare institutions and job seekers," said Bob Montgomery, Headhunter.net's President and Chief Executive Officer. "We expect the acquisition of MiracleWorkers.com to result in a revenue increase of $10 million in 2001 for Headhunter.net. This is a big step forward on our path to profitability while strengthening our presence in this growing industry."

Headhunter.net will cross post jobs on both companies' websites over the next 60 days. Following that, MiracleWorkers.com will be distinguished as "A Headhunter.net Company."

Also based in Atlanta, MiracleWorkers.com was founded in 1999 and was the first comprehensive online recruiting and job search site focused exclusively on the healthcare industry. MiracleWorkers.com has preferred marketing agreements with a number of hospital management companies, including HCA-The Healthcare Company (NYSE: HCA), Quorum Health Resource Group (NASDAQ: QHGI) and Premier, Inc., giving the company preferred marketing rights to 50% of all hospitals across the nation.

"MiracleWorkers.com's growth rate and success in developing its eRecruiting business for the healthcare industry caught the attention of many of the major players," said Dave Cormack, MiracleWorkers.com's President and Chief Executive Officer. "Partnering with Headhunter.net will increase the number of healthcare job seekers who visit the web site tenfold, up to 800,000 unique visitors each month. This will deliver phenomenal numbers of qualified candidates to our healthcare clients, who are having to cope with severe staffing shortages, particularly in the nursing profession. Without question, this new market leadership will give the combined companies a lock on the healthcare eRecruiting business."

MiracleWorkers.com will continue to operate as a wholly owned subsidiary of Headhunter.net. The acquisition by Headhunter.net will allow MiracleWorkers.com to rapidly expand its operations. The company currently employs 30 people and expects that number to grow significantly by the end of the year.

"This strategic move triggers an instant supply/demand effect that complements the strengths of both companies," continued Montgomery. "It creates an immediate opportunity for the largest concentration of healthcare jobs on the Internet to be viewed and filled by the tremendous volumes of quality job seekers at Headhunter.net. We are very pleased to offer such an ideal solution to the crisis-level staffing crunch in the healthcare community."

About MiracleWorkers.com

MiracleWorkers.com is the world's largest employer-direct eRecruiting solution for the healthcare industry. Based in Atlanta, the company is comprised of leading healthcare and technology experts. The expertise of the management team, combined with the comprehensive benefits and features of the system, uniquely positions MiracleWorkers.com to assist in solving the recruiting challenges facing the healthcare industry. For job posting or job seeker information, visit the site at www.miracleworkers.com.

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. With the merger of Headhunter.net and CareerMosaic, the combined sites feature more than 700,000 resumes and over 250,000 jobs representing 10,000 of the nations' top employers across virtually every industry. The new Headhunter.net, which serves more than 6 million visitors a month, 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.

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.

CONTACT: Creaxion Mark Pettit,
404/495-4425
pager: 888/933-3731
[email protected]

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