Heidrick & Struggles and Jobkoo Form Strategic Partnership to Reinvent Career Management Platform


SHANGHAI, China, Feb. 24, 2009 (GLOBE NEWSWIRE) -- Heidrick & Struggles International, Inc. (Nasdaq:HSII), the world's premier executive search and leadership consulting firm, today announced it has made an investment in Jobkoo, a platform for candidates to better manage their careers and for organizations to better manage their leadership needs.

Jobkoo's products and services focus on creating an interface between job seekers and employers. Its online executive talent management solutions complement Heidrick & Struggles' business in areas such as professional networking, community building, personal assessment and 24/7 career management.

A high end global executive search firm, Heidrick & Struggles is known for its product innovation. Gerry Davis, Regional Managing Partner for Asia Pacific, said, "The Jobkoo investment is about our first mover advantage in recognizing the need to build relationships with the up-and-coming executives in China who are also the next generation leaders in a country with growing global influence. We see the opportunity to integrate Jobkoo with existing services like leadership consulting allowing us to provide a broader range of leadership solutions to our major clients."

David Guo, founder and CEO of Jobkoo, said, "Jobkoo's business model totally redefines the career management experience for executives when compared to current online offerings and our association with the Heidrick & Struggles brand will give us added recognition in the market."

"The partnership with Jobkoo is exciting," said Davis. "It will enable us to understand the changing business environment and align our innovative offerings with these dynamics. It also complements our high-touch, relationship driven executive search business as we continue to foster dialogue with Asia's next generation leaders. We think that our use of Jobkoo's platform has enormous potential both in China and in other high growth markets where we work with Asian conglomerates to scale the next phase of growth."

About Jobkoo.com

Jobkoo is a vertical job search engine operating the largest online database of jobs. Our vertical job search engine collects job listings from job boards, company pages, online classifieds and other data sources. Besides helping jobseekers find employment, Jobkoo is a super tool for career-minded individuals to create a platform for enhanced career development opportunities. Jobkoo provides enterprises with job post channels, as well as video channels to display their own corporate culture and products. Distinguished by sheer convenience, our unique 'one-click send' feature enables candidates to send their resume to multiple vacancies. Jobkoo's feature-rich services provide jobseekers with access to the fastest, most up-to-date employment opportunities, to make finding jobs easier and more efficient. For more information, please visit www.jobkoo.com

About Heidrick & Struggles International, Inc.

Heidrick & Struggles International, Inc. is the world's premier provider of senior-level executive search and leadership consulting services, including talent management, board building, executive on-boarding and M&A effectiveness. For more than 50 years, we have focused on quality service and built strong leadership teams through our relationships with clients and individuals worldwide. Today, Heidrick & Struggles leadership experts operate from principal business centers in North America, Latin America, Europe and Asia Pacific. For more information about Heidrick & Struggles, please visit www.heidrick.com.

Safe Harbor Statement

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