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LATPRO AND SPANUSA ANNOUNCE STRATEGIC ALLIANCE Miami – New York, March 1, 2001 LatPro, Inc., a well known employment site for Hispanics and bilingual professionals, and Spanusa, Inc., the leading search firm specializing in the recruitment of Spanish-English and/or Portuguese-English speaking executives, have formed a strategic alliance which brings together the online and offline leaders in the Hispanic recruiting niche. In the increasingly challenging war for talent, this alliance offers the benefit of one-stop shopping to companies seeking management level bilingual professionals and/or talented Hispanics to meet their diversity and business growth objectives. "Today, there is an increased emphasis in Corporate America for diverse management teams and a real need for bilingual, bicultural managers capable of building a company’s business in the U.S. Hispanic or Latin American markets. Our alliance is a natural fit combining the best of the offline and online worlds to deliver great results for our clients," said Spanusa founder and President, Manuel Boado. The combined databases of LatPro and Spanusa include more than 90,000 bilingual professionals and executives, making it the most extensive database of its kind in the U.S. and Latin America. "This alliance will support our further expansion in this profitable, high-growth recruitment niche," said LatPro CEO and founder Eric Shannon. Spanusa, based in New York and Miami, was founded in 1991, and lists among its clients many Fortune 1000 companies including American Express, Burger King, Citibank, Cadbury Schweppes, IBM, Travelers, and many others. Founded in 1997, LatPro is the leading job board for bilingual professionals. In the newly released 2001 Electronic Recruiting Index, Internet recruitment guru John Sumser ranked LatPro as tied for #1 in customer satisfaction among the top 100 recruitment sites. CareerXroads, considered the "Bible" of online recruitment directories, recently added LatPro to its 2001 "Best of the Best" list. This list highlights the top 50 recruitment sites among the estimated 40,000 in existence. For additional information on either company,
please visit their websites: www.latpro.com
and www.spanusa.net
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