Released on = April 26, 2007, 12:00 am

Press Release Author = SCREEN FACTS SERVICES PRIVATE LIMITED

Industry = Human Resources

Press Release Summary = The empanellment of a Employment Background Checking firm is
the Key to Mitigation of a Firms Operational Risk which can present itself in form
of Reputation damage, Legal Claims or Monetory Loss on later date due to a Wrong
Selection of an employee.

Press Release Body = MUMBAI, INDIA,April 17, 2007,KALPESH DESAI, SCREENFACTS
SERVICES PRIVATE LIMITED

Employment Background Checkers are key to mitigating a firms operational risk which
may arise due to people risk. Correct selection of Employment Background Checker is
the first step for achieving the said results. A company which is evaluating
prospective service providers who offer background checks must ensure that
evaluation parameters are correctly identified & correct weightage assigned to them
for a rational & objective evaluation.

The decision to evaluate can be taken by a team or best left to the Operational Risk
Dept rather than the same being managed by Human Resources function.The factors
which the service seekers can keep in mind when evaluating an service provider can
be in the order of A)Core business of service provider,B)Checking for conflict of
business interest (said company runs both hiring services & screening services under
same company or different name), C)Experience & Skills of top management,
D)Capability of service provider to offer umbrella of services for Mitigation of
operational risk, E)cost, F) Reach. The first 3 factors can account upto 60% of
Weightage and the rest 40% depending on the Type of Industry the Service Seeker
belongs to and Volumes which the service seeker is planning to get checked.

The parameters such as 1)Known names, 2)Familiar Faces, 3)Assets or Net worth on
balance sheet, 4)affiliations to body corporates must be the last factors when
evaluating service providers. A quick look at Affiliations to body corporates and
one realises that these body cororates are not experts on the subject of Background
Screening & affiliations are normally again based on avoidable factors definitely
not to forget the Membership Fees. A classic case is that of an affiliation to a
body corporate, whose core competence is Database management & starts giving
affiliations based on the avoidable factors. These affiliations needs to be taken
with a pinch of salt .

Companies seeking screening services must realise that empanellment cannot be a low
involvement decision which gets taken on emotions, cost, familiarity, affiliations
etc, but a high involvement decision which gets decided based on quantitative
justifications & rational parameters.

Web Site = http://www.screenfacts.com

Contact Details = 404/A, MANGAL AARAMBH COMMERCIAL PREMISES, OFF SV ROAD, NEXT TO MC
DONALDS, BORIVALI WEST, MUMBAI 400092, TEL: 91-22-67254897, FAX:91-22-66459765