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PREVISOR ACQUIRES BRAINBENCH: Acquisition Expands Job-Specific Assessment Solutions; Strengthens Position in the Government and Consumer Markets PreVisor, a leader in workforce selection and performance, today announced that it has acquired Brainbench, Inc., an innovator in employment testing and skills certification. The acquisition strengthens PreVisor's position as the leading online provider of job-specific, pre-employment assessments by adding Brainbench's world-renowned IT skills testing content to its library, expanding its market penetration, and increasing its strong foothold in the government sector with accounts such as the Department of Homeland Security and U.S. Department of State. The acquisition also gives PreVisor entry into the consumer skills testing market where Brainbench has provided over 5.5 million members with access to its testing and certification programs to measure and improve their skills. The acquisition of Brainbench is the second transaction within the past year for PreVisor, the first being its formation in August 2005 through the combination of Qwiz, ePredix, and PDRI. With this latest acquisition, PreVisor will stay true to its mission, joining with Brainbench in a combined commitment to maximize the predictive ability of its employee assessments by adhering to the rigorous scientific standards of industrial-organizational psychology. PreVisor is a leading employer of industrial-organizational psychology specialists, with more than 60 holding a master or doctorate degree in the discipline. "We are very pleased to become part of the PreVisor family of companies," says Mike Russiello, president, CEO and co-founder of Brainbench, based in Chantilly, Virginia. "PreVisor and Brainbench share a common vision, having seen first hand the improvements in business results employers gain by using objective and predictive employee assessments in the early stages of the hiring process. We now join forces to help employers maximize this benefit with a broader solution." Noel Sitzmann, CEO of PreVisor stated, "In line with our very focused acquisition strategy, the addition of Brainbench's IT testing content will supplement PreVisor's job-specific predictive hiring solutions and broaden an already large library of job titles." As a result, both organizations will now be able to offer clients the most comprehensive solutions for predicting employee performance. Sitzmann adds, "We are proud to bring Brainbench into the PreVisor family of companies and anticipate great things from the addition of Mike Russiello, Bill Lake and Mike Littman, Brainbench's founders, to PreVisor's management team." PreVisor is a portfolio company of Veronis Suhler Stevenson, a private equity and mezzanine capital fund management company dedicated to investing in the media, communications, information and education industries in North America and Europe. "We are very pleased to complete this acquisition, which clearly extends PreVisor's leadership position in online testing and assessment," said Michael B. Kessler, a Managing Director of Veronis Suhler Stevenson. About
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