News release

iLogos Research Announces Top Two Fortune 500 Corporate Career Web Sites

iLogos Research, a division of Recruitsoft (http://www.recruitsoft.com/iLogosReports/), announced today that its benchmark study of the Best Practices for Fortune 500 Career Web Site Recruiting has identified the top two Fortune 500 companies utilizing the Best Practices. The corporate careers sections on the Web sites of Microsoft (www.microsoft.com) and Compaq Computer Corporation (NYSE: CPQ) (www.compaq.com) adhere most closely to Best Practices that optimize companies' ability to attract, convince and capture potential qualified candidates. iLogos is a leading research practice that studies and monitors trends in the Internet recruiting industry.

Additionally, the study presents the recruiting industry's standard with 20 Best Practices in Internet Recruiting features, a comparison of the current practices of the Fortune 500 and predictions for future career Web site practices.

"It would be expected that Fortune 500 technology companies should lead in online recruiting, however to find that the top two of the Fortune 500 companies that we surveyed are technology companies shows true leadership," said Yves Lermusiaux, founder and president of iLogos Research. "Quality and speed are at the essence of corporate success. These best practices allow corporations not only to brand themselves well online but also to accelerate their hiring by integrating marketing- and communication-rich sites with automated processes."

"To receive accolades as a leading company in Internet recruiting is an honor for any organization," said Rachel McKinney, Compaq vice president, Human Resources. "We have a ceaseless commitment to quality and bringing world-class technology to our recruiting efforts. Our Web site enables us to attract and hire top talent and ultimately provides a true strategic advantage in our recruitment efforts."

Of the 20 Best Practices in Internet Recruiting determined by iLogos Research, the chart below indicates the specific features utilized on the career pages of the corresponding corporate Web sites:

The Best Practices focus on optimal functions that:

• attract traffic to the corporate career Web site
• convince potential candidates of the company's status as an employer of choice
• capture and process the candidate's information in a streamlined process that benefits both candidate and corporate recruiter

According to the study, the career pages of corporate Web sites present an invaluable opportunity for corporations to gain a competitive advantage in recruiting. Strategically developed sections target qualified candidates and integrate the entire recruiting process. Optimal Web site recruiting results—including faster time-to-contribution, lower cost per hire and significant increases in retention—may be obtained through a systematic approach to corporate Web site recruiting.

About iLogos Research

iLogos Research produces data on industry trends, best practice methodologies and benchmarking. Specializing in the impact of new technologies on human capital acquisition among large corporations, iLogos Research monitors, analyzes and forecasts innovative technologies, Internet strategies and breakthrough practices that allow corporations to optimize and adapt best practices. Founded in 1997 as iLogos Internet Intelligence, iLogos was acquired by Recruitsoft in September 1999 and today remains the most rigorous source of data for human capital Internet-related issues.

Among iLogos published reports and studies are Global 500 Web Site Recruiting, 2000 Survey; Lessons from the Global 500, 1999; and Achieving Results with Internet Recruiting, 1998.

About Recruitsoft

Recruitsoft (www.recruitsoft.com) delivers the most complete online recruiting solutions for leading companies across many industries. Recruitsoft clients include Hewlett-Packard, Dow Chemical (NYSE: DOW), MetLife, Hasbro, Deloitte & Touche, Bombardier Aerospace and Transportation, Cabletron Systems (NYSE: CS), and Sutter Health, among others. Recruitsoft is considered to be the best-practice ASP for recruitment management solutions, based on its proprietary ACE Recruiting™ process technology, designed in collaboration with large corporations to re-engineer and streamline the corporate recruiting process. Recruitsoft is the first Hiring Management System (HMS) to integrate all areas of candidate sourcing. Accessible via one-click, these sourcing services include: job postings on the corporate Web site, the company Intranet, job boards, advertising in all print media, and contract-assisted candidate sourcing. Recruitsoft is a contributing member of the HR-XML consortium.

Recruitsoft is funded in part by Bain Capital Ventures; Telesystem Software Ventures LP (Telsoft) and Telesystem Ltd., a Red Herring Top 100 company; General Catalyst; Omnicom (NYSE:OMC), the world's leading provider of marketing communications and advertising services, through its Internet investment arm, Communicade; and an investment partnership comprised of employees of Bain & Company.