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CareerEngine.com Introduces Three More CategorySpecific Career Sites: AdminClassifieds.com,...

NEW YORK--(BUSINESS WIRE)--June 2, 1999--

CareerEngine, Inc. (a subsidiary of Helmstar Group, Inc., AMEX:HLM) today introduced three additions to its network of category specific career sites -- AdminClassifieds.com, FinancialPositions.com and MgmtClassifieds.com

CareerEngine

offers e-recruiting services to Fortune 1000 companies through its five (5) category-specific career sites: ITClassifieds.com, SalesClassifieds.com, and its newest sites AdminClassifieds.com, FinancialPositions.com and MgmtClassifieds.com. It is currently developing 15 additional career sites that will be available later this month. CareerEngine matches job applicants to employers through confidential resume hosting and public online job posting features. Career counselors and recruiters help prospective candidates define, locate and secure career opportunities and/or consulting assignments.

Thomas Ferrara, President and CEO of CareerEngine, noted "More administration, management and financial professionals - an audience that uses computers and the Internet every day -- are now utilizing the Internet for career search more than ever before. From the numerous requests we have received, these candidates have a strong desire for career sites dedicated exclusively to their functions."

About CareerEngine, Inc.

CareerEngine (http://www.CareerEngine.com) is a leading on-line category specific recruiting and career search destination. Headquartered in New York City, CareerEngine.com offers e-recruiting services to Fortune 1000 companies through its five category specific career sites, ITClassifieds.com, SalesClassifieds.com, AdminClassifieds.com, FinancialPositions.com and MgmtClassifieds.com. It is currently developing 15 additional career sites. CareerEngine is a subsidiary of Helmstar Group, Inc. (AMEX:HLM) a publicly traded merchant bank with a 25-year history.

Certain statements in the Press Release relating to the expectations and constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and information available to management at this time. They may involve known risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

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