PreVisor Announces Acquisition of CraftSystems, Inc.

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Leading assessment provider expands scope of services in financial services, insurance and hospitality industries.

We are very pleased to add CraftSystems to the PreVisor family of companies

PreVisor, a leader in pre-employment assessments and selection solutions that connect hiring decisions to business results, today announced its acquisition of talent assessments specialists CraftSystems, Inc., founded 29 years ago by Dr. Larry L. Craft, and based in Bradenton, Florida.

CraftSystems has built a strong reputation for the technical and predictive strength of their assessments. The test most associated with the company is the Craft Personality Questionnaire or CPQ, designed especially to identify high potential for success in a sales role.

"We are very pleased to add CraftSystems to the PreVisor family of companies," says Noel Sitzmann, CEO of PreVisor. "Over the years Dr. Craft and his team have established themselves as assessment leaders in industries including banking, financial services, insurance and hospitality." Sitzmann adds, "The highly predictive employment selection systems including the CPQ complement the PreVisor content portfolio to provide even greater value to our clients."

The acquisition of CraftSystems will give PreVisor an additional 500 clients, with a deep base in insurance and financial services sectors, including Guardian Life, MetLife, Northwestern Mutual, Principal Financial, Wyndham, and Xerox.

"Joining PreVisor gives CraftSystems scalability and an established global footprint," states Dr. Douglas Waldo, CEO. "We are very excited about bringing our innovative tools to a broader market while we leverage PreVisor's advanced technology and vast content library to help ensure the best hiring decisions possible."

CraftSystems and PreVisor share a history of demonstrating ROI through the use of testing products - a model that proves the value of using assessments in the hiring process.

About PreVisor
PreVisor, a leading provider of on-demand pre-employment assessment software and employee selection solutions, helps organizations by connecting hiring decisions with business results. Following the rigorous standards of industrial-organizational psychology, PreVisor's assessment content accurately predicts on-the-job performance and supports fair hiring practices. PreVisor's solutions help streamline hiring, reduce recruiting and training costs, and improve corporate performance for clients worldwide, including more than 100 of the Fortune 500. http://www.PreVisor.com

Media contact:    
Donna Lehman        
MarketUP
770-565-7275        
dlehman @ market-up.com

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