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) June 19, 1998
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
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Item 5 Other Events
a) Avert, Inc. announced joint marketing agreement with Restrac, Inc.
Item 7 Financial Statements and Exhibits
c) Exhibits
33 Press release dated June 19, 1998
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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.
July 7, 1998 By: /s/ Dean A. Suposs
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Date Dean A. Suposs
President
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EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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33 Press Release, dated June 19, 1998 5
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EXHIBIT 33
FOR IMMEDIATE RELEASE: NEWS
June 19, 1998
Nasdaq National Market/AVRT
http://www.avert.com
AVERT, INC. ANNOUNCES JOINT MARKETING AGREEMENT WITH RESTRAC, INC.
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 an agreement with Restrac,
Inc. (Nasdaq National Market/RTRK) to pursue joint marketing opportunities.
Avert joins Restrac as a member of the WebHire Network to offer pre-employment
screening services to companies seeking to hire qualified individuals.
Restrac, Inc. is the leading provider of networked recruiting solutions
including the WebHire Network, an open network of Internet recruiting services.
Restrac combines software, services and the Internet to create end-to-end
recruitment solutions that streamline the way jobs and workers are connected.
The WebHire Network will provide candidate searching and management, hiring
functions, success measurement and consolidated billing from one simple,
easy-to-use desktop application. More than 100 leading job-posting sites, resume
pools and other key recruiting services have signed on to be part of the WebHire
Network, making it the industry's most comprehensive solution. Through the
WebHire Network, recruiters can easily access qualified candidates worldwide
through third-party resume pools (PartnerPoolsSM) directly over the Internet.
Avert's Internet-based order entry system, OrderXpert will be integrated into
Restrac's WebHire Network, and as such, actively marketed to the Restrac
customers. Additionally, Avert will introduce the Restrac products to current
customers.
The Restrac partnership is part of the AVERTaffinity program. The goal of this
program is to expand Avert's distribution opportunities through cooperative
arrangements with other human resource service and software providers. The
AVERTaffinity program leverages the technological advantages of both companies
to achieve product integration.
"Partnering with Avert, Inc. allows us to expand the services that we currently
offer to our customers through the WebHire Network," said Michael Pittenger,
Director of Business Development at Restrac. "We recognize the need for
employers to find and hire qualified applicants quickly. We believe that
partnering Restrac's recruiting efforts with Avert's pre-employment screening
resources provides solid solutions for employers faced with the difficulty of
finding and hiring candidates in a tight labor market."
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"Entering into this partnership with Restrac provides Avert with the
opportunity to offer our products to Restrac's growing customer base, as well as
increasing the products offered to our current customers," commented Len Koch,
Vice President of Business Development at Avert, Inc. "We look forward to our
relationship with Restrac through the AVERTaffinity program."
About Restrac, Inc.
Restrac is the leading provider of integrated recruiting solutions including the
WebHire Network, an open network of Internet recruiting services. Restrac
combines software, services and the Internet to create end-to-end recruitment
solutions that streamline the way jobs and workers are connected. More than 325
companies worldwide employ Restrac's client/server, intranet or Internet-based
recruiting solutions. Among these customers are American Express, AT&T,
Millennium Pharmaceuticals and Microsoft. Restrac Hire for Intranet brings the
most flexible, enterprise-wide solution on the market to corporate intranets and
connects the corporate recruiting process to the Internet. Restrac WebHire is
designed to meet the unique needs of rapidly growing organizations by providing
Restrac quality candidate management and resume processing in a unique
outsourced service delivered over the Internet. The WebHire Network uses the
Internet to create a single connection between Restrac customers and an
expanding network of more than 100 Internet recruiting partners providing job
posting services, searchable pools of candidate resumes and other essential
recruiting services. Restrac partners include The Monster Board, RecruitUSA, JWT
Specialized Communications and Resume-Link. More information about Restrac
recruiting solutions is available on the World Wide Web at www.restrac.com or by
calling 1-877-RESTRAC.
About Avert, Inc.
Through its headquarters in Fort Collins, Avert is an information services
company that provides thousands of employment background checks daily to
employers nationwide. Avert guarantees that its products and services are the
most current and accurate available. 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.
Investor Relations
970.484.7722
