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Abso Acquires Phenix Group

SACRAMENTO, Calif. – January 10, 2008 - Abso, a software and services provider of integrated talent management solutions for the human resource industry, has acquired Phenix Group, a Seattle, Washington-based employment screening company that delivers compliant background checks and multifaceted HR solutions for the airline industry.

Phenix Group was founded in 1994, its customers include regional and national airline and cargo carriers. The acquisition of Phenix is a step in Abso’s commitment to continued development of its vertical markets.
 
"Today, we significantly increased our presence in the aviation industry by welcoming Phenix Group to the Abso team. These are individuals who know the aviation industry's specialized product needs,” said David Dickson, VP of Market Operations.
 
The acquisition provides for operational and cost efficiencies by applying Abso’s proprietary web based technology to the Phenix products. Current Phenix Group customers will benefit from the expanded resources and operational scale made possible by Abso's automated services. Phenix Group services will continue uninterrupted.
 
"We are quickly seizing the opportunities and synergies this transaction has created for us," said Robert Swanson, Regional Operations Manager - Seattle. "We are looking forward to delivering greater value to our customers and in the aviation market."
 
About Abso
Abso is a hosted software and services provider that leverages technology to help our clients succeed by streamlining their talent management, candidate background and assessment screening, and other HR processes. Abso solutions are designed for companies with a need for strong compliance, quality and enjoy personal support. They view technology as a true competitive enabler in support of their HR strategy.

Founded in 2000, Abso’s rapid growth has been driven by innovative applications, unmatched client support, and strategic vendor relationships. Operating nationally, Abso’s Talent Edition solutions are used by small organizations to Fortune 500 enterprises.

Workforce Success – One Employee at a Time 
 
For more information, visit www.abso.com or call 800.943.2589
 
Media Contact:
David Dickson
P: 800.943.2589
F: 866.684.5185
marketing@abso.com
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