Press Release

Tri-C's Corporate College® and PsyMax Solutions, LLC Join Forces to Offer Products and Services to Select, Manage and Develop a Talented Workforce

Warrensville Heights, Aug. 26, 2005: In response to labor market challenges, Cuyahoga Community College, through its Corporate College division, and PsyMax Solutions, LLC have entered into an agreement to offer products and services jointly to help companies and organizations attract, hire and retain high-caliber employees. 

"We are pleased to have PsyMax as one of our 'best in class' providers. Collaboratively, we will provide the tools that Northeast Ohio companies need to recruit and retain a skilled workforce. Many companies in industries such as retail, financial services, hospitality and health care are challenged by recruitment and hiring decisions. By using a systematic approach during the hiring process, turnover is reduced and the high cost associated with it is eliminated," said Dr. Denise Reading, president of Corporate College. 

"PsyMax's online tools support the full range of human resource development from employee selection to coaching to leadership development. Many organizations recognize that an investment in retaining their own talented workforce is far less costly than replacing them," said Dr. Wayne Nemeroff, chief executive officer of PsyMax.

About Corporate College

Corporate College, a division of Cuyahoga Community College, is the model for providing new solutions and opportunities to individuals, businesses and industries to succeed in today's knowledge-based, high-tech economy. Corporate College is the primary vehicle for delivering Cuyahoga Community College's non-credit training services to area employers and their workers. For information, call 1-866-806-2677 or visit www.corporatecollege.com.

About PsyMax Solutions

PsyMax Solutions was originally founded in 2002 as PsiBase by practicing industrial and organizational psychologists, including current Chief Executive Officer Dr. Wayne Nemeroff. In June of 2004, the venture/capital operations firm Max-Ventures acquired a majority interest and the company was renamed PsyMax Solutions. Max-Ventures is led by Michael Feuer, co-founder and former CEO of OfficeMax. His insight into the importance of good hiring adds a valuable perspective to the PsyMax team. For information, call 440-603-9000 or visit www.psymaxsolutions.com.

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