ChoicePoint Acquires Application Profiles, Inc.ALPHARETTA, Ga.--(BUSINESS WIRE)--June 3, 1998-- Company adds high-end high-end adj. Informal 1. Appealing to sophisticated and discerning customers: a high-end department store; high-end video equipment. 2. applicant profiling to suite of employment services ChoicePoint Inc. (NYSE NYSE See: New York Stock Exchange :CPS (1) (Characters Per Second) The measurement of the speed of a serial printer or the speed of a data transfer between hardware devices or over a communications channel. CPS is equivalent to bytes per second. ) today acquired Applications Profiles, Inc. of St. Petersburg, Fla., a full service pre-employment screening company. Application Profiles provides its Fortune 500 clients with personal and business screening services, specializing in highly-developed profiles of job applicants and corporations. Terms of the acquisition were not disclosed. ChoicePoint, already the nation's largest provider of integrated employment screening and drug testing services, continues to build and enhance its suite of workplace solutions with the acquisition. The purchase brings Application Profiles' profiling capabilities together with ChoicePoint's public record and drug testing management services. "We continue to seek out opportunities to add value to our customers," explained Derek Smith Derek Smith can refer to any of the following people
Like ChoicePoint, Application Profiles provides employment and business background checks for companies screening job candidates or performing due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. on potential business partners. The company, founded in 1984 by its president Joseph E. Houlton, specializes in field investigation and developing comprehensive profiles. Application Profiles employs more than 200 industry professionals. "This is an exciting opportunity for our company and our customers," commented Houlton. "For our clients, it means access to expanded technology and delivery systems and an opportunity to offer enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; through ChoicePoint's more than 1,600 public records databases and drug testing management programs. With the acquisition, we now have expanded resources as well as a partner with a common vision and commitment to the market." ChoicePoint is the leading provider of intelligent information to help businesses, governments and individuals better understand with whom they do business. Through the identification, retrieval, storage, analysis and delivery of data, ChoicePoint helps their customers make better, more timely and more informed business decisions. The company serves the risk management information needs of the property and casualty insurance market, the life and health insurance market, and the business and government markets, including Fortune 1000 corporations, asset-based lenders, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. providers, and local, state and federal governments. For more information about ChoicePoint financial results, products and services and current events, visit the Company's web site at www.choicepointinc.com.
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Mark Wheeler, 404/221-1188 ext. 3176
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