Monster Introduces Magic Search – an Out-of-the-Box Resume Search Product for Employers

New Delhi, Delhi, India , 2006-07-26

Monster India today announced the launch of Magic Search, which redefines the paradigm of how employers conduct resume searches today. Magic Search combines the simplicity of the best in class search product and the accuracy that is demanded by the recruitment professionals to deliver what is an exciting innovation in e-recruitment.

About how Magic Search is different from the current resume search, Vikas Agrawal, Vice President – Technology, Monster India explained, “In the current scheme of things, recruiters search by over 15 parameters which are marked by fields. However, we learned from our research that over 80% of the searches done by recruiters are dictated by keywords. This insight was the genesis of Magic Search which is nothing but a simple keyword text box where the recruiter can type anything to get the most accurate resume results.”

“The product was entirely developed in-house in India and took just 60 days to define and build. Magic Search is a result of an intense desire to push the product frontiers in e-recruitment and with its launch, will change the way employers search for resumes. We are in the search business and it is our job to give our constituents the best of search capabilities in job search / resume search and this is what we will continue to do. Magic Search is just the beginning!”

About Monster Worldwide

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers and recruitment resource. The company also owns TMP Worldwide, one of the largest Recruitment Advertising agencies in North America. Headquartered in New York with approximately 4,300 employees in 25 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P; 500 Index and the NASDAQ 100. More information about Monster Worldwide is available at www.monsterworldwide.com.

About Monster India

Monster has been present in India since March 2001. Headquartered in Hyderabad, Monster is present in 7 other cities viz., Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata and Ahmedabad.

Monster India recently launched a complete make over of the site in February 2006 through which Monster introduced a cutting edge search technology yielding very accurate search results. Monster went on air with its new Television commercial in the last week of April 2006.

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.

Contact

Arun Shaw, IPAN, + 91 (011) 4249 2100
[email protected]