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Aimco Selects SPSS to Enhance Employee Recruitment and Retention.


CHICAGO -- SPSS A statistical package from SPSS, Inc., Chicago (www.spss.com) that runs on PCs, most mainframes and minis and is used extensively in marketing research. It provides over 50 statistical processes, including regression analysis, correlation and analysis of variance.  Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:SPSS), a leading worldwide provider of predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events.  software, today announced that Apartment Investment Management Company Co Aimco (NYSE NYSE

See: New York Stock Exchange
: AIV AIV Avian Influenza Virus
AIV Année Internationale des Volontaires (French)
AIV Associazione Italiana del Vuoto (Italian Vacuum Association)
AIV Assembly-Integration-Verification
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) has purchased SPSS predictive analytics software to enhance its employee recruitment and retention efforts.

Aimco is the nation's largest owner and operator of apartment homes in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Co operating 1,320 properties, including approximately 230,000 apartment units, serving nearly one million residents each year. Aimco employs about 6,500 employees in 47 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  and Puerto Rico.

"SPSS predictive analytics software will help Aimco increase retention, reduce talent acquisition costs and maximize employee productivity," said Aimco Senior Vice President of Talent Management Terri Heredia.

Reducing employee turnover and keeping recruitment costs down are essential functions of Human Resources (HR). Aimco is developing three predictive models that enhance how HR can effectively manage the people side of the business with bottom-line results. First, the Candidate Success model identifies prospective high performers in the recruiting process using data from current successful employees.

Second, the Turnover model identifies points of failure in the employee lifecycle to proactively address turnover at the individual level. Third, the Resource Allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs  model is a business-driven demand model that predicts and validates headcount needs and drives efficiency in operations.

"Employers know the never-ending challenge of recruiting and retaining superior employees," said SPSS President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jack Noonan. "Aimco's deployment of predictive analytics demonstrates how human resources organizations can improve not only their operations but also the organizations they support."

About Aimco

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities through 19 regional operating centers. Aimco, through its subsidiaries, operates 1,320 properties, including approximately 230,000 apartment units, and serves approximately one million residents each year. Aimco's properties are located in 47 states, the District of Columbia and Puerto Rico. Aimco common shares are included in the S&P 500.

About SPSS Inc.

SPSS Inc. (NASDAQ: SPSS) is a leading worldwide provider of predictive analytics software and solutions. The company's predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes, and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward looking statements can be identified by phrases such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "could," "designed," "should be" and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company's control, may cause the Company's actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission ("SEC"). Copies of these filings are available either on the SEC's website at www.sec.gov or from the Company's investor relations Investor relations

The process by which the corporation communicates with its investors.
 department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 2, 2006
Words:645
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