Putting Data Privacy Back into the Hands of Consumers

VerifyX is Protecting Employees’ Information Privacy: A New Employee Verification System Competes with Long-Time Industry Leader

Fairfield, N.J., June 21, 2006 — VerifyX provides a secure and automated employment and income verification solution that allows employers to offload the disruptive and frequent phone calls from mortgage companies, background screeners or property managers seeking to verify employee information.

VerifyX converts the traditional paper-based process of employment and income verification to a technology-based solution saving employers valuable time and labor. VerifyX was created to ensure that all employee data is exchanged only with qualified requestors. Other verification services in the market sell employee data to third parties without employee consent often resulting in unsolicited offers and collection attempts. VerifyX allows the employees to decide who obtains access to their employment information.

“Employees have a right to know that their data is secure and will only be delivered to companies approved by the employee,” said Greg Harper, vice president of sales for VerifyX. “Employers can feel secure knowing that VerifyX is conducting business on their behalf 24 hours a day, 7 days a week online.”

VerifyX has automated the employment and income verification process and costs employers nothing to install, use or maintain. VerifyX charges the requestor, usually a mortgage company or financial organization, a minimal fee to obtain the information.

Also in contrast to its competitors, the VerifyX automated employment and income verification (VOE) response system can integrate with employers’ HRIS, employee services and company web pages making this process their own and eliminating the need to refer employees or verifiers to a third party.

For additional information, contact Amber Jackson at 850-439-2471.

VerifyX provides a secure and automated employment and income verification solution allowing participating users fast access to the information they need now.

About VerifyX

VerifyX is a registered trademark of ERS Hire, Inc., the industry leading employee records data processor. ERS Hire provides a growing suite of employee data processing services from detailed background screening and verification services for major employers worldwide. ERS Hire is a member of The Adaugeo Group, a holding company for several information technology companies. The Adaugeo Group operates and holds five members: Advantage Credit, specializing in mortgage credit reporting; Exceptional Closing Network, providing courtesy closing services; ERS Hire, offering background and pre-employment screening services; Verify X, providing a secure and automated employment and income verification solution; and Citadel Financial Group, focusing on collection services.

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