Careerbuilder Inc. - CBDR- Profile

CareerBuilder Inc. provides comprehensive online recruitment offerings for employers and job seekers. The company through their network enables job seekers to search, based on their specific defined job characteristic, over 50 career sites across the internet. To the employers, the company provides services to advertise their job openings and helps them to manage their online recruitment efforts. The company offers the tools to find, explore, evaluate and compare job opportunities to the job seekers. The CareerBuilder Network consists of company's flagship career site CareerBuilder.com and career sites located on the internet sites of 25 premier interactive media companies. The company also generates revenues from sale of perpetual licenses for TeamBuilder software. Bell Atlantic Network Integration, Microsoft Corporation, Putnam Mutual Funds Corp. and Edward Jones Inc. are some of the company's major customers. The company became public in May 1999. Online recruitment and advertisement fees accounted for 99% of 1999 revenues and software license fees, 1%.