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| June 14, 2000 Hunt-Scanlon and Heidrick & Struggles Sign Internet Agreement Stamford, Conn., June 14, 2000 Hunt-Scanlon Advisors, the nations leader in providing market intelligence, products and services to the online recruiting and executive search industries, today announced it has entered into an Internet agreement with the world's largest and premier executive search firm, Heidrick & Struggles International (Nasdaq: HSII) and its online recruiting subsidiary, LeadersOnline. Under terms of the agreement, LeadersOnline has secured the site sponsorship position at hunt-scanlon.com, a growing e-commerce marketplace linking buyers and sellers of recruiting services worldwide; Heidrick & Struggles will become site sponsor for executiveselect.com Hunt-Scanlons online executive leadership tracking portal. Terms of the deal were not disclosed. "We expect our online relationship with Hunt-Scanlon will contribute to the ongoing expansion of our candidate community," said Michael T. Christy, president of LeadersOnline. "We continually seek those emerging leaders who are successful in their current position and are willing to consider an opportunity that might enhance their career and satisfy their career goals. Having access to the visitors of hunt-scanlon.com and executiveselect.com enhances our ability to find high caliber talent for our clients." Scott A. Scanlon, Hunt-Scanlon chairman and CEO, added, "This online agreement is a natural extension of the decade-long relationship we have established with Heidrick & Struggles. We are continually developing and expanding our business of identifying corporate leadership through Web-based techniques. This deal gives LeadersOnline and Heidrick the highest amount of visibility among our growing senior-level executive portals, which include vast numbers of potential clients and untapped candidate pools." ABOUT LEADERSONLINE LeadersOnline is a leading business-to-business Internet marketplace that enables efficient and effective aggregation, matching and fulfillment of employer demand with candidate supply in the recruitment market for mid-level executives and professionals. As of March 31, 2000, more than 110 companies located throughout the United States and Europe have used LeadersOnlines value-added Internet-based services to match and recruit candidates into a broad range of functions. LeadersOnline is headquartered in Irvine, California, with operations throughout North America and Europe. For more information about LeadersOnline, please visit our Web site at www.leadersonline.com.ABOUT HEIDRICK & STRUGGLES INTERNATIONAL, INC. Heidrick & Struggles International is the world's largest and premier executive search firm, specializing in chief executive, board of directors and senior level management assignments. Today, nearly 900 Heidrick & Struggles professionals serve a broad range of organizations including Fortune 500 companies, financial institutions, major health care organizations, universities and not-for-profit organizations, leading mid-cap companies, and emerging growth companies from offices in more than 70 locations throughout North and South America, Europe, the Middle East, Africa and Asia Pacific. For more information about Heidrick & Struggles, visit our Web site at www.heidrick.com.ABOUT HUNT-SCANLON Hunt-Scanlon Corporation is the leading authority on the executive recruiting industry.
The company provides a wide range of products and services relating to executive search,
staffing, online recruiting and corporate diversity. Publications include the monthly
newsletters, Executive Search Review, Online Recruiting Strategist and Diversity Monitor,
directories such as Executive Recruiters of North America and Select Guides to executives
in four functional staff areas (human resources, finance, sales & marketing and
information technology). Through these publications, Hunt-Scanlon has become the dominant
provider of news and information relating to human capital recruiting. Visit us today at www.hunt-scanlon.com or call (800) 477-1199. Contact Information: |