SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 18, 1997
AVERT, INC.
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(Exact name of registrant as specified in its charter)
Colorado 0-239052 84-1028716
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(State of other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
301 Remington, Fort Collins, Colorado 80524
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: 970-484-7722
301 Remington Fort Collins, CO 80524
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(Former name or former address, if changed since last report)
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Item 5 Other Events
a) Avert, Inc. announced the release of Avertnet 1.4.
Item 7 Financial Statements and Exhibits
c) Exhibits
38 Press release dated November 18, 1997 regarding the release of
Avertnet 1.4
2
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
AVERT, INC.
November 24, 1997 By: /s/ Dean A. Suposs
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Date Dean A. Suposs
President
3
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EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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38 Press Release, dated 5
November 18, 1997
4
FOR IMMEDIATE RELEASE: NEWS
November 18, 1997 Nasdaq National Market/AVRT
http://www.avert.com
AVERT, INC. ANNOUNCES THE RELEASE OF AVERTNET 1.4
An Internet, online, order entry system
FORT COLLINS, Colorado - Avert, Inc. (Nasdaq National Market/AVRT), an
information services company that provides employment background checks to a
growing nationwide customer base, today announced that the first phase of its
software development project, Advanced Systems for Applicant Processing (ASAP),
has been completed with the release of AvertNet 1.4.
AvertNet continues Avert's drive to be the most easy to use, easy to access
background checking service in the workld. AvertNet is an Internet based,
online, order entry system that provides Avert customers with an interactive
easy to use interface AvertNet 1.4 extends Avert's access to a substantial base
of new customers by releasing our Microsoft Internet Explorer 4.0 version and a
new Reseller/Partner platform. Resellers and partners can use the AvertNet
platform to manage their customers' interface with Avert. AvertNet 1.4 also
helps make it easier for Resellers working with Avert to comply with Fair Credit
Rerporting Act requirements.
Avert services are within reach of millions of businesses and customers through
four primary features:
Internet Access
Integration with Microsoft's Internet Explorer
Extended Connectivity
Greater Outsourcing Capabilities
AvertNet uses HTML and JAVA scripting to provide Avert customers with a windows
style environment. The screens are developed using "customer friendly"
techniques so that they are easy to use. Our goal was to ensure that any of our
customers would feel comfortable placing an order within the first few minutes
of installation. A summary of the key features are as follows:
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November 18, 1997
Page 2
Navigation
Intuitive
Process Management
Regulations Support
Help
Work Management
Approval and Review
Cost Tracking
Cost Controls
Once an order is entered, it can be retrieved online. The AvertNet "Delivery
Manager" is designed to provide the ability to manage order retrieval in a way
that fits the needs of businesses and customers.
In the last several months, Avert has begun working with key business partners
such as Radio Shack to leverage the AvertNet system to implement a nationwide
roll-out of Avert services. In addition, AvertNet is a key element in our
current pilot project with ADP.
With the completion of AvertNet 1.4, Avert moves onto the second phase of the
ASAP project. Phase 2, which is scheduled to be completed 1st quarter of 1998.
Phase 2 completes the conversion of all Avert processing and focuses on:
Rapid introduction of new products Cost reduction through internal
process improvements Increased customization, and Extended connectivity
to Human Resources and Payroll software system.
Through its headquarters in Fort Collins, Avert is an information services
company that provides thousands of employment background checks daily to
employers nationwide. Products and services include criminal records, civil
records, workers' compensation histories, driving records, previous employment
verification, credit histories, education verification, and social security
number validation.
Contact:
Avert, Inc. 970/484-7722
Investor Relations
