Press Release

PsyMax Solutions^SM Announces Upgrades to Product Suite

Enhanced Work Style Assessment^SM Inventory Developed to Meet Growing Customer Needs

Cleveland, Dec. 6, 2004: PsyMax Solutions^SM LLC today announced upgrades to its online product suite, including the proprietary Work Style Assessment^SM (WSA) inventory. Offering a selection of products that allow human resource professionals to assess, interview, coach, and develop employees for maximum job performance and career satisfaction, the Cleveland-based human resource assessment and development company now offers enhanced reports, an updated norm group, additional assessment features, and a new look and feel.  

PsyMax's enhanced reports include the Hiring the Right People report, Developing Your Potential report, and Coaching For Excellence report.  

Users who purchase the enhanced Hiring the Right People selection report also can access the new <>Interviewing for Excellence report. The Interviewing for Excellence report is a structured interview guide that is customized based on the job candidate's WSA inventory results and includes best practice interviewing tips and an improved candidate rating form. The new Degree-of-Fit summary page in the Hiring the Right People report summarizes how closely the candidates' scores fit each of the work styles in the Success Profile. An overall Degree-of-Fit score also is provided.

The Developing Your Potential and Coaching for Excellence reports now include expanded on-the-job development activities and tips. They also feature improved graphics to help employees and coaches focus on developmental activities that are most closely tied to organizational priorities, and an expanded section for self-paced, introspective active learning. 

"We are excited about the advances we continue to make in our products and services and believe our customers will receive an even greater value from PsyMax products based on these enhancements," said Dr. Wayne Nemeroff, CEO and co-founder of PsyMax Solutions. "These upgrades help PsyMax Solutions maintain its position of being an industry leader in employee selection, development, and coaching." 

Additionally, PsyMax has updated its normative database to include more than 7,000 workers, and, based on customer feedback, enhanced the look and feel of the reports to make it easier for customers to read and apply the results.

PsyMax Solutions' reports are comparable in quality to reports written by organizational psychologists but offered at a fraction of the cost. Using the WSA inventory, PsyMax can assess employees' work style characteristics and provide in-depth human resource solutions to help employers improve profitability and reduce turnover by assisting them in finding the right person for the right job. 

About PsyMax Solutions

PsyMax Solutions provides proprietary online assessment, testing, and development tools that help employers dramatically reduce turnover. The nucleus of its products, the Work Style Assessment, measures an individual's strengths and weaknesses on a broad variety of work style characteristics including collaboration, decisiveness, creativity, and independence. This assessment enables employers to reduce the cost and complexity of selecting, developing, coaching, and managing the careers of its employees.

The company specializes in high turnover industries such as retail, restaurant management, hospitality, health care, and financial services. PsyMax's clients include major retail chains and a variety of clients in the service sector. Visit www.psymaxsolutions.com for more information. 

PsyMax Solutions, formerly PsiBase, is a Max-Ventures portfolio company. Michael Feuer, co-founder and former CEO of OfficeMax, and Ralph Della Ratta, former head of investment banking for KeyCorp's McDonald Investments, founded Max-Ventures in January 2004. 

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