pan Scores Another Year of Stellar Growth
December 22, 2004 – pan processed over 3 million tests, assessments, surveys, and human resource forms for education, government and corporate organizations in the U.S., Europe, and the Pacific Rim
In early 2004, pan received a U.S. patent that codified what the industry has known for some time - that pan offers superior Internet testing and assessment technology. This patented technology has proven to be a key differentiator for pan, and in 2004, more than 400 new customers joined pan's already impressive international roster.
"In 2004, pan processed over 3 million tests, assessments, surveys, and human resource forms for education, government and corporate organizations in the U.S., Europe, and the Pacific Rim" said pan COO Doug Cole. "To meet continued customer demand for pan's offerings, we've nearly tripled our staff to 75 employees. We have increased our headquarters facility to support a projected growth rate of 35 to 40 percent in 2005."
pan's engagements with government agencies stand out among the Company's 2004 successes, which brought into the spotlight opportunities for enhanced federal job candidate assessments. By getting assessment data quickly, federal hiring managers can manage their candidate pipelines, compete with industry for talent, and ensure that the right people are in the right place - at the right time. pan's patented technology became the standard for government organizations as a result of powering the largest Web-based testing program ever executed. This Fall, pan was featured at a Partnership for Public Service event in Washington D.C. that highlighted the need for reform in the federal hiring system.
"There is a world of opportunity in 2005, for both pan and our clients," said pan CEO David T. Pfenninger, Ph.D. "Our innovation, scientific credibility, world-class technology, and customer service will enable us to sustain strong relationships with clients and fuel significant results. These hallmarks will also enable pan to maintain our position as one of the foremost Web assessment businesses internationally."
About pan
Performance Assessment Network, Inc. (pan) is the leading provider of Internet-based testing and assessment solutions, with over 6500 corporate, government, and education clients internationally. pan administers millions of tests, assessments, and surveys annually. pan also manages a network of high-stakes testing centers in addition to its internet testing and Vita platforms, IT professional and consulting services, and product distribution businesses. One of the fastest growth companies in the U.S. in 2003-2004, closely held pan is based in Carmel, IN. |
.
