pan listed as a Finalist for the 2005 TechPoint MIRA Awards

CARMEL, Ind. (May 13, 2005) – Performance Assessment Network, Inc., (“pan”). World leader in online assessment and talent management announced today that they had been selected as a finalist for the coveted TECHPOINT MIRA Awards in 2005.  The annual program recognizes those that have risen to the top of their game and outpaced the competition in technology.  Mira nominees represent the future of economic growth for Indiana.

pan was nominated in the Information Technology division.  In order to qualify, pan had to derive the majority of its revenue from the sale of products or services in the information technology industry.  Key considerations for the finalists included profitability, sustainability, impact on the industry and market and accomplishments as an outstanding corporate citizen.

pan CEO and Founder, David T. Pfenninger, Ph.D. said, “Our entire organization should be absolutely thrilled with this achievement.  In just over five years we have taken a fledgling organization to the level of industry leader in the offering of online testing and assessment content and tools.”

“When you look at other organizations in our space that have come and gone and then you look at what our team has done to develop a state-of-the-art and patented technology to deliver online assessments to the federal government and Global 1000 organizations in over 30 countries is incredible,” says Doug Cole, pan CFO/COO.

TechPoint is the leading change agent for Indiana’s technology industry. Our programs, member services, advocacy and economic development efforts drive the growth, development and retention of the state’s technology clusters:

• Advanced Manufacturing
• Distribution and Logistics
• Health and Life Sciences
• Information Technology

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.