ST. PETERSBURG, Fla., (PRWEB) December 20, 2005
First Advantage Corporation, a global risk mitigation and business solutions provider, today announced the acquisition of TruStar Solutions, Inc., an innovative online talent acquisition services firm. The addition of TruStar Solutions' services expands First Advantage Employer Services' portfolio, which provides employers with a robust hiring solution that now encompasses recruiting strategies, applicant tracking, tax credits screening, background screening, substance abuse testing and more.
Located in Fishers, Ind., TruStar Solutions helps companies realize a proactive, high-impact recruiting process by combining recruitment marketing strategies with Web and technology-enabled solutions to effectively recruit active and passive employment candidates. TruStar Solutions leverages the power of the Internet to reach and engage these candidates, all through a single source. Clients, including numerous FORTUNE 500® corporations, rely on the company's unbiased advice to build and manage their recruitment processes.
As part of its recruiting services, TruStar Solutions provides expert recommendations and representation in recruitment advertising strategies. The company's proprietary technologies include PostMaster, a job posting distribution tool with single-point access to multiple job boards; Harvest, an automated job distribution solution to meet government requirements in job advertising; and HireEngine, a career site hosting, management and campaign tracking tool. In addition, TruStar Solutions provides Interactive advertising solutions to reach passive candidates and promote a company's employment brand. Clients can also choose to fully outsource their recruitment process utilizing TruStar Solutions' high-tech and high-touch approach to candidate sourcing.
"With recruiting being the initial step in the hiring process, the addition of TruStar expands the scope of our human resources solution," said John Long, chief executive officer of First Advantage Corporation. "Coupled with our Hiring Management Systems technology, this new service provides First Advantage clients a unique Web-based platform to facilitate applicant recruiting, tracking and screening."
"We're very excited to join First Advantage and to offer our services as part of a larger, more robust hiring solution," said LeRoy Robbins, president of TruStar Solutions. "Our clients have long valued efficiency, so we're looking forward to presenting them with the full scope of First Advantage's offering as we continue to deliver unbeatable customer service and remain dedicated to serving our customers' needs."
About First Advantage Corporation
First Advantage Corporation combines industry expertise with information to create products and services that organizations worldwide use to make smarter business decisions. First Advantage is a leading provider of consumer credit information in the mortgage, automotive and subprime markets; business credit information in the transportation industry; lead generation services; motor vehicle record reports; supply chain security consulting; employment background verifications; occupational health services; applicant tracking systems; business tax consulting services; insurance fraud, corporate and litigation investigations; surveillance; computer forensics; electronic discovery; data recovery; due diligence reporting; resident screening; property management software; renters insurance and consumer location services. First Advantage ranks among the top three companies in all of its major business lines.
First Advantage is headquartered in St. Petersburg, Fla., and has more than 3,700 employees in offices throughout the United States and abroad. More information about First Advantage can be found at http://www.FADV.com.
First Advantage is a majority-owned subsidiary of The First American Corporation, a FORTUNE 500 company that traces its history to 1889. First American is the nation's largest data provider, supplying businesses and consumers with information resources in connection with the major economic events of people's lives. Additional information about the First American Family of Companies can be found at
Certain statements in this press release, including those related to the delivery of a Web-based platform, are forward-looking. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include: general volatility of the capital markets and the market price of the company's Class A common stock; the company's ability to successfully raise capital; the company's ability to identify and complete acquisitions and successfully integrate businesses it acquires; changes in applicable government regulations; the degree and nature of the company's competition; increases in the company's expenses; continued consolidation among the company's competitors and customers; unanticipated technological changes and requirements; the company's ability to identify suppliers of quality and cost-effective data; and other risks identified from time-to-time in the company's SEC filings. The forward-looking statements speak only as of the date they are made. The company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. Investors are advised to consult the company's filings with the SEC, including its 2004 Annual Report on Form 10-K, for a further discussion of these and other risks.
First Advantage Contacts:
Director of Marketing & Communications
727.214.3411, ext. 212
Investor Relations Manager
727.214.3411, ext. 260
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.
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