Monday, October 19, 2009

Chequed.com Acquires Assessment Technology Firm Fitability

Chequed.com Acquires Assessment Technology Firm Fitability

Chequed.com, an emerging provider of Predictive Employment Performance™ software, announced today it has acquired assessment technology provider Fitability Systems, LLC of Decatur, GA.

Saratoga Springs, NY, and Atlanta, GA (PRWEB) October 19, 2009 -- Chequed.com, an emerging provider of Predictive Employment Performance™ software, announced today it has acquired assessment technology provider Fitability Systems, LLC of Decatur, GA. Terms of the acquisition were not disclosed.

"Over the last 10 years, Fitability has built an outstanding reputation for the quality of its behavioral assessment products and its client service. We are thrilled to have Fitability as part of Chequed.com and look forward to continuing to build a world class assessment technology company together," said Greg Moran, President of Chequed.com. "While Fitability will become part of Chequed.com immediately, its industry leading products and service will remain consistent for current and future clients," he continued.

"I'm enthusiastic about combining Fitability and Chequed. Greg and I share a vision and passion for this business, so we are aligned in terms of energy and direction as we combine what we've built at Fitability, with the industry-leading Chequed technology and the incredible team at our research partner, the State University of New York," said Jack Brantley, President of Fitability. Brantley will immediately assume the role of Vice President of Operations for Chequed.com, overseeing product development and client services.

About Chequed.com

Founded in 2008 by some of the foremost experts in employee selection and development, Chequed is an emerging leader in the rapidly growing market for Predictive Employee Performance™ technology. Chequed's revolutionary Performance EngineTM delivers rapid, accurate predictions of a new hire's performance.

Chequed has commercialized innovative research developed in partnership with The Research Foundation of The State University of New York and The University at Albany's world-class Department of Psychology. Complementing these research innovations is the software's practical, real-world emphasis. Chequed's experienced management team, board of directors and advisory committee have helped hundreds of startups and growing companies hire talent that made them industry leaders. Their extensive expertise has fortified the Chequed software to meet the day-to-day challenges of human resource managers facing competitive markets for human capital. More information is available at www.chequed.com.

About Fitability Systems, LLC

Atlanta-based Fitability Systems, LLC is a leading online assessment company. Founded in May of 1999 by executives with experience recruiting, qualifying and deploying large sales forces, Fitability provides hiring managers and recruiters with a technique that assists automation of human resource departments and improve their selection process -- allowing them to make better hiring decisions. Fitability helps clients select people who fit their companies and avoid the cost of bad hires. More information is available at www.fitability.com.

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Contact Information Greg Moran

Chequed.com

http://www.chequed.com

518-261-1408



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