APSCREEN Develops New Locate Service That Helps Rescue Financial Industry

APSCREEN has created a unique locate service that helps benefit administrators and human relations professionals meet IRS/GATT/ERISA compliance regulations.

November 3, 2001 -- APSCREEN, the worlds leading full-service Consumer Reporting Agency, has created a unique locate service to particularly benefit administrators and human relations professionals. To meet IRS/GATT/ERISA compliance regulations, companies administering 401K and other financial investment funds, must prove due diligence in contacting past or missing employees in regard to an outstanding balance, summary reports or distributions. APSCREEN makes it simple and economical to locate these individuals.

Tom Lawson, CII, CFE & President of APSCREEN, comments about the service, In the past, companies have had to do their own searches or pay high fees for locates. Weve been in the research business for 20 years, and its my privilege to make this new service, www.employeelocator.com, available to my loyal customers as well as new companies who need it. Our hit rate is around 99.7%, so we offer a very valuable service to many firms who struggle with this problem."

Judy Simons of Triad Financial Services in Escondido, California, says this about the service, We had such a difficult time finding employees who had left our client companies and still had money in their plans. I cant emphasize enough how easy APSCREEN makes the process of finding someone, their hit rates are phenomenal, and they are very economical. They definitely fulfill our due diligence requirements. Besides, that, APSCREEN gives the kind of good, old-fashioned personal service missing in the dot com world today."

APSCREEN, located in Southern California, has been providing information services since 1980 including being the originators of the factual employment-screening concept. APSCREEN (www.apscreen.com) only operates in full compliance and spirit of the law including consumer privacy. Other services include asset discovery, permissible credit reporting, motor vehicle records, and fraud examination. Tom Lawson, APSCREENs founder, is a certified fraud examiner, certified international investigator and expert witness. Lawson is available for public speaking engagements and white papers can be obtained by calling 1 800 277-2733.

Company Contact: Tom Lawson (949) 459-5600
Public Relations Contact: Cathy Taylor (949) 635-4923