Agreement Adds New Dimension to Existing Exclusive Relationship Between Monster.com and AOL


Dulles, VA and Maynard, MA - April 10, 2001 - America Online, Inc. and PurchasePro (NASDAQ: PPRO), a leading enabler of business-to-business, e-commerce solutions for companies of all sizes, today announced that Monster.comâ will establish a recruitment industry marketplace for the Netscape Netbusiness Marketplace. Monster.com, the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), will become a provider of hiring management tools and services to the Netscape Netbusiness Marketplace. The Netscape Netbusiness Marketplace gives small and medium-sized businesses access to the tools and services that led Monster.com to its current position as the leader in the online careers industry.

Monster.com is the leading global online network for careers, connecting the most progressive companies with the most qualified career-minded individuals. Through the Netscape Netbusiness Marketplace, Monster.com will continue to lead the market by offering innovative technology and superior services.

Netscape's Netbusiness Marketplace, developed jointly by AOL and PurchasePro, is a global e-commerce network linking hundreds of communities and marketplaces to allow small, medium and large businesses to buy, sell and interact online. The new agreement with Monster.com expands upon the procurement and supplier and business information communities currently participating in the Netbusiness Marketplace, which also encompasses more than 140,000 businesses from PurchasePro's extensive network of hundreds of private-label marketplaces. Netbusiness Marketplace also provides the opportunity for small to medium-sized companies to create specialized industry-specific marketplaces, providing a convenient one-stop location for buyers and sellers to conduct business online.

"The launch of Monster.com within the Netbusiness Marketplace enables us to reach the crucial small and medium-sized business community, who will see Monster.com as a comprehensive recruitment resource with a variety of career search capabilities," said Jeff Taylor, CEO of Monster.com. "We think the Netscape Netbusiness Marketplace, developed by AOL and PurchasePro, will strengthen our existing relationship with AOL, the world's leading interactive service, and propel Monster further into the rapidly emerging online commerce industry."

"The addition of Monster.com to the growing trading communities accessible through the Netscape Netbusiness Marketplace greatly enhances the range of services available to all participating buyers and sellers. With access to one of the most comprehensive online job databases, companies of all sizes will benefit from a broader reach and a wider range of options for their human resource needs," said Fred Singer, SVP of AOL Interactive Services and General Manager of Netscape Netbusiness. "This new feature is an especially important addition for our small business participants, who have easy access to the powerful B2B technologies, formerly available exclusively to large enterprises, by participating in the Netbusiness Marketplace," he added.

"By combining the advanced technology and content applications from Netscape Netbusiness and PurchasePro and making them simple for businesses to use, we're delivering the right mix of community, content and commerce to companies of all sizes that participate in the Netbusiness Marketplace," said Chris Benyo, SVP of Marketing for PurchasePro. "With the addition of career search functionality to a complete buyside/sellside application, Netscape's Netbusiness Marketplace is truly becoming a one-stop shop for businesses that want to leverage the Internet to its full potential," he continued.

Netscape Netbusiness is driving small business membership on the Netbusiness Marketplace through its popular Netbusiness Card, which provides detailed information about each member's products, services, location and industry classification to millions of potential customers online. All current and new Netbusiness Card members are automatically registered in the Netbusiness Marketplace and are also eligible to win one million AOL/AAdvantage Reward miles being offered by Netbusiness as part of a major three-month promotional campaign.

About Netscape Netbusiness

Launched by AOL and Netscape in September 2000, Netscape Netbusiness (http://netbusiness.netscape.com) provides a free, one-stop home on the Internet to enable owners of small businesses to better manage both their operations and everyday lives. Netbusiness offers easy-to-use and fully customizable information resources, productivity and communications tools including message boards and custom Netbusiness version of Netscape Instant Messenger, and a free online presence with the innovative "Netbusiness Card", which enables registered users to create an "online storefront" for free.

About PurchasePro

PurchasePro (NASDAQ: PPRO), a leader in business-to-business e-commerce, operates the PurchasePro global marketplace that encompasses more than 140,000 businesses and powers hundreds of marketplaces with its highly scalable, browser-based e-commerce engine.

PurchasePro enables businesses of all sizes to easily buy and sell products and services, competing more effectively by enhancing sales opportunities, reducing procurement costs, and greatly increasing employee productivity. PurchasePro offers the following e-commerce solutions: e-Procurement for corporate procurement, v-Distributor for online distributors, and e-MarketMaker for Internet market makers. PurchasePro has developed strategic sales and marketing relationships with industry leaders including AOL Time Warner, Computer Associates, Gateway, Hilton, Office Depot, and Sprint. The company provides extensive support and training programs. For information, call toll free at (888) 830-4600 or in Las Vegas at (702) 316-7000 or visit www.purchasepro.com.

About Monster.com

Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 23.6 million unique visits during the month of February 2001 according to independent research conducted by I/PRO. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Germany, Ireland, Spain, Luxembourg, India, and Italy. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 9,500 employees in 32 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The company's clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies. More information about TMP Worldwide is available at www.tmp.com.

Special Note: The above statements include forward-looking statements based on current management expectations. Factors that could cause future results to differ from these expectations include the following: risks associated with acquisitions, competition and seasonality. Additional factors are described in the company's reports filed with the Securities and Exchange Commission.