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) July 6, 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. announced selection by CIO Magazine as top web-based
business.
Item 7 Financial Statements and Exhibits
c) Exhibits
18 Press release dated July 6, 1999
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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 8, 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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18 Press Release, dated 5
July 6, 1999
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EXHIBIT 18
FOR IMMEDIATE RELEASE: NEWS
July 6, 1999 Nasdaq National Market/AVRT
http://www.avert.com
AVERT, INC. SELECTED BY CIO MAGAZINE AS TOP WEB BASED BUSINESS
Web-based Pre-employment Screening Portal Provides an Easy-to-Use,
Secure Process to Assist Employers in Hiring Safe, Honest Employees
(Fort Collins, CO - July 6, 1999) - Avert, Inc. has been named one of the top
sites in the third annual CIO Web Business 50/50 Awards, a program that
distinguishes organizations around the world that have taken a distinct approach
toward the use of the Internet or Intranet in their business.
The AVERTnet site was developed to link to a complex array of suppliers,
vendors, partners and data sources with a network of more than 10,000 customers.
The AVERTnet site provides employers nationwide with a secure, effortless online
environment for ordering and retrieving background checking products and
services.
The selection of winners is determined in a long deliberation by a panel of CIO
magazine editors, writers, art designers and Web development experts. The panel
of judges evaluates hundreds of nominated sites for their ability to use
innovative Web techniques to deliver greater business value. In particular, the
panel focuses on finding sites that successfully integrate creative design and
high quality technical attributes.
"We undertook the development of our Web-based solutions with the goal of
improving services for our customers, increasing our product offerings, and
decreasing our costs. Utilizing Oracle tools to drive our data, and the Oracle
Web Applications Server to drive the Web systems, we have decreased operational
costs by close to 20 percent and reduced the time to market for new internet
based products and partnerships by 60percent," said Jerry Thurber, CIO and
Director of Business Services of Avert. "Avert has experienced rapid customer
acceptance of our Internet technology and its ease of use has fueled growth to
the point where more than 70 percent of revenue is managed through AVERTnet. In
less than 18 months, we went from no Internet services to over 5000 customers
using the Internet to conduct business with us."
Employers can log into the AVERTnet site either directly or via access through
the Avert Web site at www.avert.com. With the ability to access a menu of
products, everything from criminal history reports and reference checks to
credit reports and workers' compensation claims, employers with access to the
site, have a powerful desktop that guides them through the pre-employment
process. During a user session, employers also have links to HR benefits,
including a dedicated human resources law Web site and online compliance
documents.
"The behind the scenes, technical capabilities of AVERTnet and the easy-to-use
client interface is what makes Avert's Web-based pre-employment screening
process so unique," said Dean Suposs, president and CEO of Avert. "This is a
great honor that recognizes the investments we've made to be a technology leader
in the pre-employment marketplace. Avert is the only pre-employment screening
services provider to be recognized by CIO Magazine for advanced and innovative
use of Internet technologies."
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With the advent of the 21st century, the use of Web technology has become an
essential component of any organization's strategic plan. CIO honors the 100
sites that have raised the caliber for online quality and challenged other
organizations to uncover the potential of the Net. Complete coverage of the 1999
CIO Web Business 50/50 Awards is featured in the July 1, 1999 issue of CIO, at
www.cio.com and also at www.avert.com/cio.
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.
About CIO Communication, Inc.
CIO Communication, Inc. was formed in 1987 to help chief information officers
(CIOs), information technology (IT) executives and other senior management
executives succeed in the enterprises through the use of information technology.
In addition to publishing the award-winning magazine, the company also produces
the www.cio.com Web site and develops and produces CIO Executive Programs -- a
series of conferences that provide educational and networking opportunities for
corporate and government executives who want to expand their knowledge of
technology, business management issues and innovative products and services. CIO
magazine is a publication of International Data Group, (IDG), the world's
leading IT media, research and exposition company.
CONTACT: Jeff Russell - 800.367.5933 x 220 or [email protected]
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.
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