HireRight Press Releases

HireRight Introduces HireRight Express Online Background Checking Service For Small Businesses

HireRight Express Enables Small Businesses to Easily and Affordably Reduce Employment Risk and Make Better Hiring Decisions

IRVINE, Calif.--(BUSINESS WIRE)--Jan. 16, 2008--HireRight, Inc. (Nasdaq:HIRE), a worldwide leader in on-demand employment screening solutions, today introduced HireRight Express(TM), an online background checking service designed specifically for small businesses.

Founded on the industry-leading background checking technology and service that HireRight provides to more than 60 of the Fortune 500 companies, HireRight Express is a user-friendly, fast and trusted online background checking solution built to meet the demands of small businesses that have limited resources and the need for quick information. HireRight Express enables small businesses to quickly and easily check employee backgrounds on a pay-as-you-go basis, while helping to comply with certain regulations, so that business owners can focus on running their businesses, not managing the background check process.

The costs of not performing pre-employment background checks are undeniable and for small businesses, the implications can range from internal theft to bankruptcy.

The Association of Certified Fraud Examiners estimates workplace fraud costs U.S. organizations more than $600 billion per year.(1)

Employers lose roughly 79 percent of all negligent hiring lawsuits with the average award exceeding $1.6 million.(2)

40% of all resumes contain material lies or omissions about education, past employment or qualifications.(3)

In addition to mitigating the risks of employee theft, workplace violence, negligent hiring suits and resume fraud, HireRight Express addresses the specific needs of smaller businesses, such as accessing driver safety records, meeting customer or supplier requirements and helping to ensure compliance with the Fair Credit Reporting Act (FCRA).

"HireRight understands that small business owners need to conduct accurate background checks quickly, easily and affordably to hire the right people fast, so they can keep their focus on running their businesses," said Rob Pickell, Vice President of Marketing and Product Management at HireRight. "HireRight Express has been built from the ground up to meet these specific needs and help the small business owner to hire the best qualified, safest employees, while mitigating risks to the business."

HireRight Express offers a wide range of packages starting at $29.95. Some of the key searches offered include criminal records checks, motor vehicle records checks, national sex offender database checks, and verification of the applicant's address and employment history.

"I found HireRight Express extremely easy to use with background checks that were reasonably priced," said Chris Cruttenden, HireRight Express beta customer and president, NetChemistry, an Internet solution and software provider for the financial and health services industries. "I am recommending HireRight to other business owners as an important way to protect their businesses and ensure they hire the right people."

HireRight Express is currently available to help small businesses easily and affordably hire the most qualified candidates and reduce employment risk. For more information or to get started with HireRight Express, go to www.hireright.com/express.

About HireRight
HireRight is a leading provider of on-demand employment background and drug screening solutions that help employers efficiently implement, manage and control screening programs. Many companies, including more than 60 of the Fortune 500, currently trust HireRight because the company delivers customer-focused solutions that provide greater efficiency and faster results. HireRight also provides pre-integrated employment screening services through enterprise e-recruiting solutions from top providers such as Oracle/PeopleSoft, Taleo, Vurv, ADP/VirtualEdge, Kronos/Deploy Solutions and PeopleAdmin. HireRight's worldwide headquarters are located in Irvine, California, with offices and affiliates around the globe. For more information, visit the company's web site at www.hireright.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: All statements included or incorporated by reference in this release may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, our expectations regarding the acceptance and adoption of HireRight Express by new small business customers, and any statements or implications contained herein regarding the future success of our HireRight Express product, our other products and services or our business in general. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. Important factors that may cause such a difference include, but are not limited to: the lack of acceptance and adoption of HireRight Express or our other products and services by new small business customers, technical or other difficulties in the implementation or functionality of HireRight Express, increased legislation, and the general economic and political conditions and specific conditions that may impact our operations. Further information on HireRight, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Quarterly Report on Form 10-Q for our second quarter ended June 30, 2007, and in our other SEC filings that are available through the SEC's website (www.sec.gov).

(C) Copyright 2008 HireRight, Inc. All rights reserved. HireRight is a registered trademark of HireRight, Inc.

(1) Source: ACFE Report to the Nation on Occupational Fraud & Abuse, 2006

(2) Source: USA Today, November 21, 2003

(3) Source: National Association of Professional Background Screeners, 2006

CONTACT: Strategies (for HireRight)
Lindsay Thompson, 714-957-8880, ext. 128
lindsay@strategiesadpr.com

SOURCE: HireRight, Inc.