NEW YORK, Oct 1, 1999 /PRNewswire via -- HotJobs.com, Ltd.
(Nasdaq: HOTJ), a leading Internet employment solutions company, was
named to the USA TODAY Internet 100 index in an update announced today
by the nation's top-selling newspaper. HotJobs.com is the first and
only Internet job board selected by the panel of USA TODAY editors and
reporters for this index.
The index, which is comprised of 50 e-Consumer companies and 50
e-Business companies, lists the top publicly-traded Internet stocks on
the basis of market capitalization and share price. e-Consumer
companies (Web companies that sell to consumers) each have a market
capitalization of at least $200 million and e-Business companies
(Internet companies that sell to other companies) must be worth $400
million or more. All stocks must have a share value of at least $12 and
be based in the United States. In addition, index companies must get at
least half their revenue from the Internet.
The market capitalization of HotJobs.com as of September 30, 1999 was
$691,428,632 based on a September 30, 1999 closing price of $25.375 per
share with 27,248,419 common shares outstanding.
"We are thrilled to have been selected for the USA TODAY Internet 100
index, particularly during our first quarter of trading" said Richard
Johnson, President and CEO of HotJobs.com. "We're not just another job
board -- we offer recruiting features and services not found anywhere
else and I am glad that the market is recognizing this."
An independent Internet poll recently ranked HotJobs.com the sixth most
recognized e-commerce brand on the Web and the best-known job site in a
poll measuring Internet brand awareness.
About USA TODAY USA TODAY is the nation's top-selling newspaper.
Printed at 33 sites nationwide and three sites abroad, USA TODAY sells
2.3 million copies daily.
About HotJobs.com HotJobs.com Ltd. (Nasdaq: HOTJ) is a leading
Internet-based recruiting solutions company that enables a direct
exchange of information between job seekers and employers through its
flagship website, www.hotjobs.com. More than 3,000 recruiters from over
1,600 member employers subscribe to the HotJobs.com online employment
exchange. The company also provides employers with additional
recruiting solutions such as its proprietary Softshoe recruiting
software, its WorkWorld career expo, online advertising and consulting
services.
This news release contains forward-looking statements that involve
risks and uncertainties regarding HotJobs.com. Investors are cautioned
that such results or events predicted in these statements may differ
materially from actual future events or results. Factors that could
cause actual events or results to differ from anticipated events or
results include the company's limited operating history, history of
losses and anticipation of continued losses, potential volatility of
quarterly operating results, and other risks that are contained in
HotJobs.com's reports and documents filed from time to time with the
Securities and Exchange Commission.
SOURCE HotJobs.com Ltd.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Robert Liu of HotJobs.com, 212-302-0060, Bob@HotJobs.com; or
Peter Himler of Burson-Marsteller, 212-614-4082,
Peter_Himler@bm.com, for
HotJobs.com
WEB PAGE: hotjobs.com
GEOGRAPHY: New York
INDUSTRY CODE: PUB
CPR
MLM
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