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) October 1, 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
<PAGE>
Item 5 Other Events
a) Avert Inc. Adds Express Motor Vehicle Records to Expedite Background
Checks.
Item 7 Financial Statements and Exhibits
c) Exhibits
19 Press release dated October 1, 1999
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<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.
October 4, 1999 By: /s/ Dean A. Suposs
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Date Dean A. Suposs
President
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<PAGE>
EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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19 Press Release, dated 5
October 1, 1999
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EXHIBIT 19
FOR IMMEDIATE RELEASE: NEWS
October 1, 1999 Nasdaq National Market/AVRT
http://www.avert.com
Avert Inc. Adds Express Motor Vehicle Records to Expedite Background Checks
MVRExpress Joins Family of Quick Turnaround Screening Services
FORT COLLINS, Colorado - Avert, Inc. (Nasdaq National Market/AVRT), an
Internet-based information services company providing employment screening and
support to a diverse nationwide client base, today announced the addition of
express Motor Vehicle Records (MVRs) to its extensive list of screening
services.
Avert's MVRExpress is the latest addition to a growing number of Avert products
and services focused specifically on reducing the time it takes for employers to
gather hiring information. Currently, Avert offers express access to 28 states,
with plans to add more as they become available. Customers can maximize the
value of this product by ordering through Avert's on-line system. Results appear
in the customer's email inbox in one to two hours. Traditional phone and fax
ordering and delivery methods are also available for this product. The
MVRExpress product is available to Avert customers with a list price of $8.50
plus any applicable state fees.
"Today's low unemployment rate heightens the pressure on companies desiring to
hire qualified individuals," said Dean Suposs, president and CEO of Avert.
"Avert has a 13 year history of partnering with employers to aid them in
efficiently completing their screening requirements. With the introduction of
products and services with more rapid results, we transfer decision-making power
to them in a climate of bigger, better, faster. This type of power enables them
to shorten hiring cycles, adding momentum to their overall strategy."
The addition of the MVRExpress product pulls from many of Avert's technology
competencies. After initial research, this product was offered to customers
nationwide after a development time close to 15% of the traditional development
cycle. Avert also offers several instant products; Instant First Check, Instant
Address Link, Instant Credit Link and Instant Workers' Compensation reports,
which allow employers to screen applicants during the initial application and
interviewing stage of the hiring process.
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 are available
on the Internet at www.avert.com.
Contact:
Avert, Inc. Investor Relations
970.484.7722
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