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CareerBoard.com Local Jobs. Local Talent.
February 9, 2005
 
Contact:
Megan Hauer
mhauer@careerboard.com
877.619.5627
 
PsyMax Solutions and CareerBoard Create Working Partnership
Reducing the amount of time and money organizations spend obtaining and analyzing job seekers "fit."
 
CLEVELAND - Ohio-based CareerBoard, LLC, an online recruitment solutions company specializing in connecting local candidates with local employers, and PsyMax Solutions, LLC, a Max-Ventures portfolio company, have formed a partnership to deliver candidate selection tools to enable employers to consistently make high quality hiring decisions.
 
"This unique collaboration of two leading organizations seamlessly combines their knowledge and expertise to give employers a tool to maximize the chances of getting the right person," says Wayne Nemeroff, Ph.D., PsyMax's CEO.  "It brings together the technical know-how in recruiting and selection tools to optimize the entire process."
 
The PsyMax assessment solution offers an efficient, easy-to-use, flexible tool for selecting individuals who are the right people for the right job. This new service will combine an Applicant Tracking Solution (ATS) and assessment tools to match prospective employees to employers needs.  Statistical analysis done at Texas A&M University has validated the program's results through testing done over a period of years.
 
"Early adopters of the PsyMax solution include global and national organizations who recognize this online tool as one of the best new innovations in assessment to come on the market," said Peter Tuttle, president of CareerBoard. "Through our partnership we will not only be able to deliver the assessment tool to our CareerBoard customers but we will do it in a way that's seamless with our full service recruitment solutions.  I expect the PsyMax assessment solution to be fully integrated onto the CareerBoard site by May of this year (2005)."
 
Over 6,000 employers throughout the Midwest already utilize CareerBoard's site.
 
About CareerBoard.com
Headquartered in Cleveland, CareerBoard, LLC is a network of online recruitment sites that exclusively feature local jobs for local talent.  Established in 1997, CareerBoard is the largest Internet recruitment site in the Midwest, serving Cleveland, Columbus, Cincinnati, Detroit, Indianapolis, Louisville and Toledo. For additional information, visit www.CareerBoard.com, or call 1-877-619-JOBS.
 
About PsyMax Solutions
PsyMax Solutions is a "People Assessment firm that Maximizes Companies' Performance."  The company was founded by practicing industrial psychologists with over 40 years of combined experience. PsyMax's focus is helping employers find the right person for the right job by assessing the prospective employee's work style characteristics. PsyMax Solutions harnesses the power of the Internet to deliver comprehensive and statistically validated assessment solutions. We provide HR tools that, within seconds of completing online questionnaires, can generate reports and create interactive programs that provide in-depth psychological assessment and development programs. For additional information, visit www.psymaxsolutions.com, or call 1-866-774-2273.
 
About Max-Ventures
Max-Ventures LLC is a venture capital firm focused on investing in and developing specialty retail concepts and businesses that serve retailers.  Unlike most other VCs, the principals of Max-Ventures take a very hands on approach with their portfolio companies and as such regard themselves as "VC Operators." Max-Ventures was established by Michael Feuer, co-founder and former CEO of OfficeMax, which was sold to Boise Cascade Corporation for approximately $1.5 billion in December 2003, and Ralph Della Ratta, who is also a partner of  Western Reserve Partners, an investment banking firm focusing on serving mid-tier size companies.  Mr. Della Ratta was previously Senior Managing Director and head of Investment Banking at KeyCorp's McDonald Investments. 
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