Employment Eligibility Solution Gives Employers Big Picture View, Integration into Talent Management Solutions and an Easy Way to Maintain Compliance
IRVINE, Calif.--(BUSINESS WIRE)--March 18, 2008--In response to increasing enforcement, audits and penalties relating to I-9 employment eligibility by U.S. government agencies, HireRight, Inc. (Nasdaq: HIRE), a leader in on-demand employment screening, has announced a newly enhanced edition of the HireRight I-9 Solution, the on-demand product first introduced in 2007. The new version of the HireRight I-9 Solution addresses employers' need for greater visibility, control and flexibility over I-9 processes, across the enterprise, as government regulations and penalties related to employment eligibility stiffen.
According to Eric Boden, chairman and chief executive officer of HireRight, "The laws and requirements related to employment eligibility are rapidly changing. The HireRight I-9 Solution helps employers manage these shifting compliance requirements and the multitude of variables that exist in operating an effective I-9 program today."
The HireRight I-9 Solution is designed to replace the traditional, paper- and labor-intensive, error-prone I-9 process with an automated, secure, efficient, and scalable on-demand management solution. It not only manages I-9 records and documentation as required by law, it also automates and integrates instant employment eligibility verification through the Department of Homeland Security's (DHS) E-Verify program. The new version expands the HireRight I-9 Solution's already extensive capabilities with the following additional new features:
As an option, the HireRight I-9 Solution can be implemented in an integrated fashion with HireRight's employment background screening solution.
HireRight is an approved designated agent of the DHS E-Verify Program. For more information regarding the HireRight I-9 Solution, go to: www.hireright.com/I9.
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 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, any statements or implications contained herein regarding the adoption by additional jurisdictions of regulations requiring the verification by employers of employment eligibility, or the increased enforcement of existing or new regulations by governmental entities, and any statements or implications contained herein regarding the future success of our I-9 Solution 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 and implications 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 or implied 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 failure of additional jurisdictions to adopt I-9 requirements or the failure of governmental entities to enforce or increase enforcement of existing or new regulations, or the lack of adoption of our I-9 Solution or our other products and services by existing and new customers, and the general economic and political conditions that may impact our operations and our revenues. Further information on HireRight, Inc., including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K for our fiscal year ended December 31, 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.
CONTACT: Strategies (for HireRight)
Lindsay Thompson, 714-957-8880, ext. 128
SOURCE: HireRight, Inc.
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