January 29, 2001. Indianapolis, IN –
In its most significant move to date, Performance Assessment Network, Inc. today announced a two-part agreement with The Psychological Corporation. In the
first part of the agreement pan will offer a select variety of
The Psychological Corporation’s tests on its e-testing destination site. The
Psychological Corporation’s test products will join an impressive roster of
tests on the site, known not only for its breadth of offerings but also for its
efficient test delivery mechanism. In the second part of the agreement The Psychological Corporation will license
pan’s e-testing technology to host and deliver selected tests on its own site. This
feature is known as a "Private Label" which essentially duplicates the pan
system for the licensing company, with pan in the role of application service provider.
"With the announcement today, we have officially arrived
as the largest destination site in the e-testing world," pan CEO David Pfenninger
commented. Pfenninger added, "Our two-fold strategy of being the one-stop shop
for testing professionals and the preferred e-testing outsource platform is
beginning to become a reality." pan will add over a dozen tests from
The Psychological Corporation catalog to the pan product roster, while
The Psychological Corporation’s web site customers will soon enjoy the same
full-service e-testing delivery capabilities for a select array of premier measurement
products, including the well-known Beck Depression Inventory, Second Edition (BDI-II) and other leading clinical
tests.
"The Psychological Corporation is by many measures the
largest and most respected test publisher in the world. Having their endorsement
in the form of this agreement speaks to the quality and efficiency of the
technology that we have developed at pan," said CMO and Vice President of
Sales, Greg Lamb.
The Psychological Corporation’s President, Aurelio
Prifitera, said of the agreement: "The Psychological Corporation is
expanding its channels of distribution in order to better meet the needs of our
customers. By utilizing pan's e-testing technology and expertise in this process, we have arrived at a quality."
"I’m a psychologist by training and thus have respected
The Psychological Corporation product base for nearly two decades," notes pan’s
Pfenninger. "The advanced e-testing platform for these products creates a
powerful new performance assessment system for test customers. We expect to
drive volume product sales of The Psychological Corporation’s tests on both pan
and The Psychological Corporation’s private label offering as the industry
witnesses large-scale migration to the e-testing platform."
Performance Assessment Network (pan) is a full service e-testing provider of valid
assessments for industry, education, and health care. Utilizing Internet
technology and a strong understanding of the assessment industry, pan
offers the professional test administrator a unique on-line office for their
testing needs. pan currently has licenses with over twenty-five of the
industry's top publishers representing over 250 assessment products in the
areas of employee selection, management development, 360° feedback, training and
development, and clinical assessment. Founded in 1997, pan is based in
Indianapolis with technology offices in both Indianapolis and Houston. pan’s
management team consists of licensed psychologists, as well as technology and business executives.
The Psychological Corporation, founded in 1921 by
psychologist James McKeen Cattell, is a division of Harcourt, Inc., a leading
global provider of educational products and services. Based in San Antonio, the
company has been a long-time publisher of the Wechsler intelligence tests, Watson-Glaser
Critical Thinking Appraisal, the Beck Depression Inventory Second Edition, and other well established
standardized tests in clinical, business, and educational markets.
