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Technology Stocks : CareerEngine Network, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (5)	3/27/2000 9:06:00 AM
From: JanyBlueEyes	Read Replies (1) \| Respond to of 9

News - Name Change Helmstar Changes Name to CareerEngine Network, Inc. Reflecting Focus On Internet Recruiting Subsidiary NEW YORK--(BUSINESS WIRE)--March 27, 2000--Helmstar Group, Inc. (AMEX:HLM) today announced that it will change its name to CareerEngine Network, Inc. and adopt the new stock symbol "CNE," effective March 28, 2000. The new name reflects the Company's increased focus on its subsidiary, CareerEngine, Inc., a leading Internet recruiting network that operates over 20 career sites dedicated to individual industries and job categories. "We recognize the high-growth potential of online recruiting and have targeted the fastest-growing sector in the industry: category-specific career sites," said George Benoit, Chairman and CEO of CareerEngine Network, Inc. "CareerEngine, Inc. was launched to meet the growing demand for e-recruiting services. We believe that the time is right to step up our commitment to this business sector." In addition to the Company's name change, it will also launch its corporate website (www.CareerEngine.net) on the same day. CareerEngine, Inc. benefits from close to 40 distribution partnerships, including agreements with several prominent recruitment advertising firms. CareerEngine has also created career search sections for a number of diversity sites, including Inside China, Russia Today and Central Europe Online, three sites published by the European Internet Network (EIN), one of Europe's fastest-growing Internet publishing companies. In addition, growth in CareerEngine's web traffic has consistently exceeded projections. About CareerEngine, Inc. CareerEngine, Inc. (http://www.CareerEngine.com) is the leading network of category-specific career destination sites, including its flagship sites: ITClassifieds.com, SalesClassifieds.com and AccountingClassifieds.com. CareerEngine job counselors and recruiters help prospective candidates define, locate and secure career opportunities and/or consulting assignments. The network's 28 individual sites are interactive "virtual communities" that offer a personal approach to online career search. Headquartered in New York City, CareerEngine offers e-recruiting services to Fortune 1000 companies and has distribution partnerships with leading recruiting firms, which sell the services of CareerEngine's sites. CareerEngine is a subsidiary of CareerEngine Network, Inc. Certain statements in this press release constitute "forward-looking statements"....