Market Overview

Recruiter.com Doubles Network to Over 20,000 Recruiters

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HOUSTON, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Recruiter.com Group, Inc. ("Recruiter.com" or the "Company") (OTCQB:RCRT), the expert network platform for recruiters, today announced that the number of recruiters on its software platform has exceeded 20,000, a significant operational milestone. The number of recruiters has doubled since July 2019. The increase followed the implementation by the Company of new automated screening mechanisms that allowed it to approve a large backlog of pending recruiter applications. The Company expects its network to continue growing, to exceed 25,000 recruiters on the platform in the first quarter of 2020.

"We are excited for the rapid growth of our network as we continue to disrupt the traditional recruiting and staffing industry," said Miles Jennings, CEO of Recruiter.com. "We are uniting a vast network of small and independent recruiters and giving them unprecedented access to quality enterprise clients and recruiting technology. We believe this networked approach to recruiting represents the future of the industry."

Recruiter.com is well positioned to capitalize on the current job market in the U.S. The November 2019 jobs report released by the Labor Department on December 6, 2019 exceeded expectations, with 266,000 jobs added to the economy. 

About Recruiter.com Group, Inc.
Recruiter.com Group, Inc., the expert network for recruiters, pairs enterprises with an extensive network of recruiters to drive the hiring of top talent faster and smarter. Recruiter.com offers recruiters SHRM certified recruitment training and independent earning opportunity. Recruiter.com was voted "Top Tech Company to Watch" by the CT Tech Council, cited as one of the "Top 35 Most Influential Career Sites" by Forbes, and listed by Inc. as one of the "9 Best Websites for Finding Top Talent."

Please visit https://www.recruiter.com/investors.html or the following social media channels for more information.

LinkedIn Recruiter Network Group: https://www.linkedin.com/groups/42370/ 
LinkedIn Company Page: https://www.linkedin.com/company/1240434
Twitter Company Page: https://twitter.com/recruiterdotcom
Facebook Company Page: https://www.facebook.com/RecruiterDotCom

Cautionary Note Regarding Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding expected future success and the anticipated growth of its network.  The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about the future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the Company's ability to continue to attract small and independent recruiters, continued demand for professional hiring, and the Risk Factors contained within our filings with the Securities and Exchange Commission including our Annual Report on Form 10-K for the year ended March 31, 2018. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Company Contact:
Recruiter.com Group, Inc.
Phone: (855) 931-1500

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
Phone: (212) 896-1254
Valter@KCSA.com

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