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) January 13, 2000
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. Adds FelonyPlus+ to Its Product Line.
Item 7 Financial Statements and Exhibits
c) Exhibits
21 Press release dated January 13, 2000
2
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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.
January 20, 2000 By: /s/ Dean A. Suposs
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Date Dean A. Suposs
President
3
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EXHIBIT INDEX
Exhibit No. Exhibit Description Page
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21 Press Release, dated 5
January 13, 2000
4
EXHIBIT 21
FOR IMMEDIATE RELEASE: NEWS
January 13, 2000 Nasdaq National Market/AVRT
http://www.avert.com
Avert, Inc. Adds FelonyPlus+ to Its Product Line
New Product Offerings Aid Employers in the Hiring Process
Fort Collins, CO - Avert, Inc. (Nasdaq National Market/AVRT), an Internet-based
information services company providing employment screening and support to a
diverse nationwide clientele, announces the addition of a new product known as
FelonyPlus+ to its extensive variety of products and services.
FelonyPlus+ is the newest addition to an ever-growing number of products focused
on reducing an employer's exposure to liability and decreasing the risk of
workplace violence and theft. FelonyPlus+ reports provide information on felony
crimes as well as any misdemeanor information that might be available at the
same court. FelonyPlus+ reports provide customers with any and all felony and
misdemeanor information existing where the search is conducted.
The product can identify applicants with violent tendencies or a history of
theft and dishonesty, as well as those who are deliberately withholding
conviction information from an employer. Avert can search any of the 3,000 U.S.
counties for access to felony records. Average price for FelonyPlus+ is $25.00,
and customers receive results of their search in two to four business days.
"As the employment market continues to change, employers face new challenges in
the hiring process," stated Dean Suposs, president and CEO of Avert. "Avert is
meeting these challenges with new and innovative products. The family of
criminal history products is our largest product base and growing constantly.
Our goal is to anticipate our customers' needs, while developing new solutions
to meet them."
With the addition of FelonyPlus+, Avert has brought a different angle to the
pre-employment screening industry. By including all felony and misdemeanor
information existing where the search is conducted, Avert has tapped into a
product that not only has the ability to weed out undesirable applicants, but
also show trends in criminal behavior.
Avert's current product offering will be further extended in late January with
the introduction of the Wants and Warrants product. Wants and Warrants is a
nationwide search that uncovers extraditable wants and warrants against an
applicant or employee. After obtaining a release and disclosure form from the
applicant or employee, customers receive results of their nationwide search in
two to three business days. Current price for the Wants and Warrants search is
$15.00.
In other news, Avert plans to announce 1999 Fourth Quarter and Year-End Earnings
on February 1, 2000.
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About Avert
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, reference checks, workers' compensation
histories, credit histories, education and credential 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.
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
not limited to, the following: risks associated with potential 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.
Contacts: Kelly Newberg - 800.367.4933, ext. 467
Michael Madsen - 800.367.4933, ext. 219
