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, 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
301 Remington Fort Collins, CO 80524
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(Former name of former address, if changed since last report
<PAGE>
Item 5 Other Events
a) Avert, Inc. announced pre-employment screening instant products.
Item 7 Financial Statements and Exhibits
c) Exhibits
12 Press release dated November 18, 1998
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.
March 24, 1998 By: /s/ Dean A. Suposs
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Date Dean A. Suposs
President
3
<PAGE>
EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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12 Press Release, dated 5
November 18, 1998
4
EXHIBIT 12
FOR IMMEDIATE RELEASE NEWS
November 18, 1998 Nasdaq National Market/AVRT
http://www.avert.com
Avert Inc. Announces Instant Pre-employment Screening Products
Making Hiring Decisions is Now Easier with Instant
Background Checking Reports
(Fort Collins, Colo) -- Avert Inc. releases a new line of instant products that
provides employers with immediate information to make hiring decisions more
quickly and easily. The instant product line, including Instant First Check,
Instant Address Link, Instant Credit Link and the Instant Workers' Compensation
report allows employers to screen applicants during the initial application and
interviewing stage of the hiring process.
"With today's low unemployment rate, employers need to be able to offer jobs to
qualified applicants quickly and can't afford to lose them to other companies
during the screening process," said Dean Suposs, president and CEO of Avert. "It
is therefore important for employers to have background information available
instantly."
The current U.S. unemployment rate is at 4.2 percent, a 30-year low, and
employers are struggling with finding qualified job applicants to fill their
positions. As for college graduates, the unemployment rate is at 1.6 percent,
which for employers means it is extremely important to be able to offers jobs
quickly.
"We have found value in Avert's Instant products, " said Kierstin Justinger,
Human Resource Compliance Specialist of Vail Associates, Inc. "By obtaining
screening information quickly, we have shortened our hiring cycle and now have
all the information we need to screen an applicant thoroughly."
Avert offers four instant products to help employers make decisions quickly.
Avert's newest product, Instant Address Link provides employers with an
immediate method for identifying applicants who provide you with fraudulent or
incomplete background information. The product provides employers with a list of
recommended county criminal history searches based on an applicant's past
residences.
"Avert's Instant Address Link has saved us time and money," said Michael Baxter,
Human Resources Manager of Sentry Auto Group. "We can now ask better questions
and offer jobs to qualified applicants sooner in the hiring process."
Avert's Instant Credit report using information from TransUnion supplies
employers with immediate information about an applicant's credit history. Avert
also provides an Instant Workers' Compensation report and an Instant Social
Security Number Validation report.
About Avert
Avert, Inc. is an information services company that provides employment
background checks to a growing nationwide customer base. Avert is dedicated to
providing customers with a single-source solution for hiring safe, honest and
competent employees. With the most up-to-date technology, Avert is able to
process thousands of reports a day covering everything from criminal histories
to employment references and workers' compensation claims. Avert is a publicly
held company and is traded on the Nasdaq market under the symbol AVRT.
