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 28, 1999
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. announces online partnership with Careermag.com and
HRlibrary.com.
Item 7 Financial Statements and Exhibits
c) Exhibits
17 Press release June 28, 1999
2
<PAGE>
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 2, 1999 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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17 Press Release, dated 5
June 28, 1999
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EXHIBIT 17
FOR IMMEDIATE RELEASE: NEWS
June 28, 1999 Nasdaq National Market/AVRT
http://www.avert.com
AVERT, INC. ANNOUNCES ONLINE PARTNERSHIP WITH CAREERMAG.COM AND HRLIBRARY.COM
FORT COLLINS, Colo. -- Avert, Inc. (Nasdaq National Market/AVRT), the leading
Internet-based information services company providing employment background
checks nationwide, today announced that CareerMag.com, one of the most
comprehensive employment and career resources on the Web, and its sister
company, HRLIBRARY.COM, the newest membership site for HR research information,
products and services, will begin offering their clients access to a simple,
effective background checking process through AVERTadvantage Online(TM).
"This unique membership package will provide clients with an immediate online
connection to an effective single-source solution for pre-employment screening,"
says Len Koch, vice president of business development at Avert. "It links
employers with an invaluable HR solution offered from the already varied menu of
comprehensive recruiting and HR resources on CareerMag.com and research services
provide by HRLIBRARY.COM."
The partnership meets the demand to provide access to a complete online HR
resource that caters to employers' needs from the beginning of the recruiting
process to the completion of the applicant hire. AVERTadvantage Online(TM)
addresses the need for employers to reduce their hiring risks, identify
dishonest applicants and make informed hiring decisions.
"Many competitors offer stand-alone products and services that fall short of
providing customers assistance in different areas of the hiring process," says
Cliff Daniels, vice president of operations at CareerMag.com. "We recognize that
today's employers value the idea of a one-stop resource to which they can look
to fulfill many of their HR needs, which is why we wholly embrace partners who
are leaders in applying Internet technologies to human resource applications."
The AVERTadvantage Online(TM) membership program provides employers with the
tools necessary for completing thorough, compliant and effective background
checks on their job applicants. Clients simply sign up for the program through
CareerMag.com or HRLIBRARY.COM and gain an immediate secure access to the Avert
ordering environment. AVERTadvantage Online(TM) provides clients with a mix of
background check reports, compliance assistance, product discounts and links to
other exclusive HR resources. "Given that an estimated 7% of job applicants have
a criminal history, and the potential repercussions from a negligent hiring
lawsuit can be enormous, employers have a vested interested in knowing the
backgrounds of everyone they hire," says Koch. "The highlighted product of
AVERTadvantage Online(TM) provides employers with the tools to uncover an
applicant's criminal history as well as dishonesty, two factors that weigh
heavily in hiring decisions."
About Avert, Inc.
Avert is the leading provider of Internet pre-employment screening solutions
linked through AVERTnet (Y2K Compliant), a secure network of Internet background
checking services. Avert uses Internet technology to create solutions that
streamline the hiring process. More than 10,000 companies nationwide utilize
Avert and the Web-based background checking system which incorporates criminal
court records, driving records, previous employment verification, workers'
compensation histories, credit histories, education verification and Social
Security Number validations. AVERTnet is customized to meet the unique concerns,
policies and procedures of companies nationwide. Additional information about
Avert background checking solutions and the Company's SEC filings is available
on the Internet at www.avert.com.
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About AVERTadvantage Online(TM)
AVERTadvantage Online(TM) is a unique, customized pre-employment screening
membership package tailored to provide employers with a sound lead-in for
conducting a thorough applicant screen. For a nominal monthly fee,
AVERTadvantage Online(TM) subscribers have unlimited access to instant online
products designed to verify applicant information and help identify dishonest
applicants. Subscribers also have access to several other benefits that provide
them with a variety of unique HR resources related to the hiring process. The
membership package was developed to provide employers with the basic tools to
arm themselves with an effective, compliant and simple background checking
process. In addition, subscribers access their background reports and resources
through Avert's simple, convenient online ordering environment.
About CareerMag.com
Boulder, Colo.-based CareerMag.com is one of the largest online employment
services. The Company's web site, www.careermag.com, features a magazine format
and offers comprehensive employment information catering to both job candidates
and potential employers. These include job listings, employer profiles, a resume
bank, a career forum (for advice exchange) and a variety of articles relating to
the job search process. CareerMag.com pioneered the online employment magazine
format and also was one of the first web sites solely dedicated to Internet
recruitment services.
About HRLIBRARY.COM
Now open for business, HRLIBRARY.COM offers human resource professionals a
central location for all the reference, support and product resources you need
to excel at your job. This fast, friendly and affordable program offers a
comprehensive mix of interactive services. Staffed by experienced Internet
research librarians, HRLIBRARY.COM is the research source for HR Professionals.
CONTACT: Heather Chacon, Marketing Communications - 800.367.5933 x 219 or
[email protected]
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This press release may contain forward-looking statements that are made pursuant
to the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Factors that may cause the company's actual results to differ
materially from those expressed in the forward-looking statements include, but
are not limited to, the following: risks associated with potential liability for
failure to comply with federal and state regulations; liability to customers
and/or to the subjects of background checks for inaccurate or misuse of
information; loss of key personnel; and intense competition, as well as general
economic business conditions, changes in laws or regulations and other factors,
many of which are beyond the control of the company.
