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                                                                    Exhibit 99.1

Headhunter.net to Provide First Quarter Update

ATLANTA--(BUSINESS WIRE)--March 7, 2001--Headhunter.net, Inc. (Nasdaq/NM:HHNT)
will hold a conference call today to provide an update for the first quarter
ending March 31, 2001. The call will be simulcast on the Internet at
www.vcall.com at 10:00 a.m. (eastern).

Headhunter.net's management will provide an update of the first quarter and the
outlook for 2001 as a result of recent significant internal events and
uncertainty in the economic climate.

Among the topics to be discussed:

      --    Headhunter.net's selection by Yahoo! as the sole provider of job
            listings for Yahoo!(R) Careers,

      --    The Company's renegotiated credit agreement with Omnicom, Inc. that
            extends the term of the $10 million note to June 2004, providing
            Headhunter.net with increased balance sheet flexibility, and

      --    A progress report on financial performance for the first quarter.

Headhunter.net expects first quarter revenue for 2001 to be significantly above
revenues reported in the first quarter of last year as a result of continued
growth in the core business and the contribution from acquisitions; however, it
anticipates revenues to be lower than previous guidance due to the sluggish
economic environment. In addition, the Yahoo! Careers' agreement is not expected
to have a material effect on revenues until the second quarter.

We remain very confident about the Headhunter.net business model and are excited
about our increased visibility following the Yahoo! Careers' agreement," stated
Robert M. Montgomery, president and chief executive officer of Headhunter.net.
"We believe Headhunter.net is well positioned to leverage our existing
infrastructure to support a larger revenue base and expanded job postings. Our
focus remains on growing our core business and achieving positive EBITDA for
2001."

Headhunter.net has continued to manage its operating costs to match demand in
the market and its core operations are on target to meet first quarter cash flow
estimates; however, it expects to incur additional online advertising expenses
in the first quarter. The Company expects related online advertising costs to be
reduced in future quarters as existing agreements for other online advertising
are modified or not renewed.

First Quarter Conference Call


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A simulcast of the conference call will be held at 10:00 A.M. Eastern time today
and will be available on the Internet at www.vcall.com and under the investor
relations' tab on the Company's Web site, www.headhunter.net. The call will be
available for replay on the Internet for approximately 30 days.

About Headhunter.net

Headhunter.net (www.headhunter.net) is a leading national online recruiting and
job awareness site, empowering candidates and corporations to manage the job
search process. The site lists jobs from the nation's top employers across
virtually every industry. Attracting an average of more than 6 million job
seeker visits a month, Headhunter.net distinguishes itself by providing job
seekers privacy when searching and applying for jobs, and allows job seekers and
job posters to manage and track the visibility and performance of their
listings.

Some of the preceding statements in this press release constitute
"forward-looking statements" within the meaning of the Securities Act of 1933,
as amended, and the Securities Exchange Act of 1934, as amended, and the Company
intends that such forward-looking statements be subject to the safe harbors
created thereby. Examples of words indicating forward-looking statements include
"believes," "expects" and "will". These forward-looking statements reflect the
Company's current views with respect to future events and financial performance,
but are subject to many uncertainties and factors relating to the Company's
operations and business environment, including the availability of financing on
favorable terms, which may cause the actual results of the Company to be
materially different from any future results expressed or implied by such
forward-looking statements. Please see the section entitled "Risk Factors" in
Amendment No. 1 to the Company's Form S-4 Registration Statement, filed with the
Securities and Exchange Commission on June 19, 2000, which is incorporated by
reference in this press release, for a list of such uncertainties and factors.
The Company undertakes no obligation to publicly update or revise any
forward-looking statements.

CONTACT:      Headhunter.net Inc., Atlanta
              Craig Stamm, 770/349-2480
              craig.stamm@headhunter.net



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