Journal Sentinel Inc. and Monster Announce Job Search and Recruitment Services Alliance
Companies to Deliver Unrivaled Combination of Online and Print Recruitment Products for the Greater Milwaukee Market
MILWAUKEE & MAYNARD, Mass. - Jun 18, 2007-- Journal Sentinel Inc. and Monster(R) announced today an agreement to offer combined online and print recruitment services via the Milwaukee Journal Sentinel. Journal Sentinel Inc. is a Journal Communications' (NYSE: JRN) company, and Monster is the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).
"This strategic alliance between the Milwaukee Journal Sentinel and Monster enables both partners to increase consumer and employer market share," commented Sharon. J. Prill, senior vice president, interactive media and audience development for Journal Sentinel. "Working together, Journal Sentinel and Monster will offer a powerful combination of recruitment classified advertising, certain to appeal to southeastern Wisconsin employers and job seekers alike."
Prill added, "Central to the alliance is our soon-to-be-launched co-branded recruitment website. This online destination will combine the local audience strength of the Milwaukee Journal Sentinel -- Wisconsin's largest daily circulation newspaper -- and its award-winning website, JSOnline.com, with Monster's deep product portfolio and brand. We are confident that this alliance uniquely positions us to provide southeastern Wisconsin businesses and job seekers with the most effective and efficient recruitment services available. Milwaukee Journal Sentinel will truly become a one-stop shop for all recruiting needs."
"Milwaukee Journal Sentinel readers will soon have easier access to Monster's industry-leading job search and match technology, while regional employers will be able to better leverage Monster's expansive resume database, national reach and unparalleled recruitment services," said Peter Newton, senior vice president and general manager of media alliances, Monster. "Our relationships with local media outlets, such as the Milwaukee Journal Sentinel, underscores our commitment to serving small and medium-sized businesses -- helping deliver the quality candidates they need to maintain a competitive edge," added Newton.
Through the alliance, Milwaukee Journal Sentinel readers will get a complete online career search and management solution, with a local focus and industry-leading search and match technology. In addition, readers can utilize award-winning expert advice regarding a range of career-related topics to help them advance their lives, whether they are looking for a new job or not. A host of other tools will also be at their disposal, including a resume builder and salary information center.
Employers will benefit from the easy availability of a more comprehensive recruitment solution that utilizes print and online advertising components as well as access to the leading resume database, which grows by more than 40,000 resumes each day.
The co-branded site is expected to launch later this summer.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.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 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.
About Journal Sentinel
Journal Sentinel Inc. publishes the flagship Milwaukee Journal Sentinel newspaper as well as a range of other print and electronic products, primarily serving southeast Wisconsin people and businesses. Journal Sentinel is committed to producing a newspaper that reflects the ever-changing world and fulfills the needs of readers and advertisers. In addition to the daily and Sunday newspaper, Journal Sentinel produces Web products and services through its Journal Interactive division, including JSOnline.com and PackerInsider.com. The company also offers direct mail and database marketing services, and the addition of a new printing facility in 2003 led to Journal Sentinel's recent entry to the business of commercial printing.
About Journal Communications
Journal Communications, Inc., headquartered in Milwaukee, Wisconsin, was founded in 1882. We are a diversified media company with operations in publishing, radio and television broadcasting, interactive media and printing services. We publish the Milwaukee Journal Sentinel, which serves as the only major daily newspaper for the Milwaukee metropolitan area, and 75 community newspapers and shoppers in eight states. We own and operate 35 radio stations and ten television stations in 12 states and operate one television station under a local marketing agreement. Our interactive media assets include more than 75 online enterprises that are associated with our daily and community newspapers, television and radio stations. We also provide a wide range of commercial printing services -- including printing of publications, professional journals and documentation material -- and operate a direct marketing services business.
Forward-looking Statements
This press release contains certain forward-looking statements related to our businesses that are based on our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Our written policy on forward-looking statements can be found on page 1 of our most recent Annual Report on Form 10-K as filed with the Securities and Exchange Commission.