JobsDB.com signs strategic agreement with SingNet to boost inter-regional recruitment network: New Taiwan office extends network to six Asian locations

Hong Kong : 27 October 1999

Hong Kong, October 28 1999 – In response to growing demand to cost-effectively recruit specialised personnel from anywhere in the region, JobsDB.com, Asia Pacific's leading interactive recruitment network, today signed an important partnership agreement with Singapore's leading Internet Service Provider, SingNet. Under the agreement JobsDB.com will operate the Career Channel for Singapore's most popular Web site.

Using JobsDB.com's powerful search engine and user-friendly interface, SingNet visitors will have access to the region's most advanced interactive recruitment network. Employers and job seekers alike can interact anywhere in the region to find the perfect job or ideal candidate in real time and beyond geographical boundaries.

"JobsDB.com is proud to be associated with the SingNet Group, which has the foresight and resources to expand its content coverage into the global arena. We feel that this move will be mutually beneficial resulting in a healthy increase in traffic and we are confident that our presence will add value to the SingNet website," commented Mr. Samuel Sung, chairman of JobsDB.com Inc.

"One of the key reasons for the success of current JobsDB.com sites in the Asia-Pacific has been the close links we have established with the leading ISPs in each country. This partnership with SingNet is a recognition of our leading position in Singapore and the Asia-Pacific," he added.

Although established less than six months ago, JobsDB.com's Singapore site alone has facilitated over 95,000 job applications with more than 1.1 million page views per month. At present, more than 2,000 jobs are registered on-line and over 1,000 companies are utilising the network.

"The partnership with JobsDB.com will certainly boost SingNet's access rate and at the same time enable us to provide value-added services to our customers. The Internet will become one of the main channels for job seekers to widen their career opportunities," Mr. Paul Chong, CEO of SingTel (Multimedia) said.

Internationally, JobsDB.com is becoming recognised as a powerful, cost-effective resource by multinational employers who look for top personnel beyond geographical borders. Today there are six job-sites open throughout the Asia-Pacific, which will rise to nine by the end of this year.

At the same time the SingNet agreement was being signed, JobsDB.com officially opened its Taiwan office in Taipei, further extending its regional network. The Taiwan office is the sixth to be opened in less than 18 months of operation and is part of an aggressive strategy aimed at achieving a presence in nearly all the Asian Pacific countries by the end of June 2000.

"The opening of our Taiwan office creates even more scope for employers and job seekers, particularly in the greater China region where we anticipate high levels of cross-border recruitment for key personnel, such as IT specialists," Mr. Sung said.

"It also means that employers can now place job vacancies across six Asian locations to maximise their recruitment advertising budgets, while attracting potential employees from a much larger database," he added.

Already the leading on-line recruitment network in Asia, JobsDB.com provides a hi-tech solution for job seekers and employers. Employers enjoy the speed, cost-effectiveness and regional scope of the service, while job seekers are able to search for positions in six different locations by using any computer with Internet access and are assured of complete confidentiality.

Government authorities in the region have been quick to recognise the enormous benefits JobsDB.com delivers. At the recent launch of the Thailand office on 22 September 1999 the Minister of Science, Technology and Environment, Dr. Arthit Ourairat presided over the opening ceremony with the Singapore National Computer Board's Deputy Director, Dr. Chee Yeow Meng as the Guest of Honour.