Press Release
ePredix, Inc. and Personnel Decisions International Join Forces
Union of industry leaders in online assessment and pre-employment screening provides complete human capital management solution.
SAN FRANCISCO and MINNEAPOLIS (September 25, 2000) - San Francisco-based ePredix, Inc., the market-leading developer of online assessment today announced the purchase of the selection products division of Personnel Decisions International (PDI), a global human resources consulting firm based in Minneapolis. Under the agreement, PDI has exchanged its selection products business for an ownership stake in ePredix and will be a key distributor of ePredix online solutions. The deal will combine PDI's more than 30 years of research and experience in psychological testing and selection with the intellectual property, predictive data and online capabilities pioneered by ePredix, giving clients of both companies access to a complete online solution for human capital management.
PDI will continue to assist clients with staffing challenges and offer a full range of human resources consulting services and products. Now, however, PDI will work closely with ePredix to offer more complete solutions for recruitment, screening, and selection. Both firms will remain based at their current headquarters and are committed to maintaining a long-term partnership to service mutual clients.
ePredix has already launched an integrative approach in recruitment, with sourcing, screening and selection solutions that accurately predict the performance of job applicants and provide the customer, in real time, with a ranked shortlist of applicants for each job.
"We're excited about the additional capabilities this will provide for customers of ePredix and PDI," says Katrina Dewar, CEO of ePredix. "We will now be able to offer a global customer base industry-leading Internet solutions for human capital management, as well as the consulting experience and expertise PDI is known for."
Ken Hedberg, President and Chief Operating Officer for PDI, adds, "This partnership clearly benefits our clients. Many of PDI's selection clients have challenged us on the issue of technology-based delivery in the past, and working with ePredix gives us the superior marketplace solution that our clients have been asking for."
ABOUT ePredix
ePredix, Inc. is a market-leading developer of online assessment for human capital management. Founded in September 1999, ePredix has acquired four US-based assessment companies. Headquartered in San Francisco, ePredix has a team of in-house Industrial-Organizational Psychologists working closely with the company's Technical Advisory Board, which includes some of the best-known thought leaders in assessment. To learn more about ePredix, visit www.ePredix.com.
About Personnel Decisions International
PDI helps organizations worldwide improve their performance and achieve strategic results through people. They partner with their clients to:
- Understand the talent implications of their strategies;
- Design and implement solutions that improve individual leadership and organizational performance; and
- Accelerate change and drive lasting improvement throughout the organization.
Specific areas of expertise help clients:
- Improve talent decisions by accurately measuring performance readiness and potential;
- Develop strategy, utilizing information collected through "voice of the customer" feedback systems;
- Enhance sales effectiveness, including people development and implementation of strategic account management programs;
- Recognize and retain top talent, through the design or enhancing of talent management systems;
- Ensure they can execute their business strategies, by defining the performance and capabilities required; and
- Develop leadership capabilities.
For more information, contact PDI client relations at 920-997-6995 (in the U.S. 800-633-4410) or visit PDI's Web site at www.personneldecisions.com.