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Press Release

Hcareers Bucks The Trend By Recruiting Staff To Spearhead North American Expansion

The dominant job board for the hospitality industry gears up to double headcount by 2003

North Vancouver, BC - Jun 25, 2002: Hcareers, the dominant job board for the hospitality industry, is ramping up its team to handle the growing demand for its online recruitment advertising service.

The 20 new recruits will provide additional resources in sales, customer service and finance to help support Hcareers' operations in North America.

Hcareers has grown rapidly since it began in 1998 with just two employees. The company had five staff in 1999, 28 staff in 2000 and 41 staff in 2001. There are currently 60 employees, and it's anticipated that this will grow to 80 plus staff by year-end.

With 2.2 million visits per month, Hcareers enables employers to cost-effectively reach hospitality-specific job seekers who are looking for opportunities online. Meanwhile, job seekers can search thousands of hospitality openings across the country, by state, metro area or position category. More than 7,000 current openings have been posted in the last 45 days alone.

"We support over 2,700 active hospitality clients, which is five times more than our nearest competitor, yet we are servicing less than 1% of the hospitality market in North America," said David Curry, president & CEO of Hcareers. "While we have achieved job board dominance in the hospitality industry, there is still huge potential for growth, which our internal recruitment drive will help us to achieve."

"Hcareers' revenues have grown 800% in the past two years. We will continue to reinvest our profits to expand the company and attract the best people in the industry," he added.

According to Forrester Research, 77% of all job seekers use the Internet as part of their job search, and further research shows that more than one out of five restaurants are using the Internet to recruit staff.

About Hcareers Launched in 1998, Hcareers is the leading job board for the hospitality, restaurant, and retail industries in terms of revenues, staff, and traffic. Hcareers has the most jobs and job seekers in all three industries with over 75,000 current job postings and over 900,000 unique visitors each month. Hcareers operates three websites, Hcareers.com (US), Hcareers.ca (Canada), and Hcareers.co.uk (United Kingdom & Ireland). The company employs over 100 full-time staff and has over 16,000 active clients. For more information on Hcareers visit their web site at www.hcareers.com.


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