July 9, 2009

HRN Acquires Koker Goodwin & Associates to Solidify Position as HR Compensation and Performance Management Leader

SALT LAKE CITY (July 9, 2009) – Jerry P. Nelson, President and CEO of HRN Management Group today announced the acquisition of Wichita, KS based Koker Goodwin & Associates. Koker Goodwin & Associates has been operating since 1996 providing performance-based employee compensation software and consulting services. Their two primary HR management products are Compease compensation administration software and iPerformease online performance planning and coaching solution. HRN has been a long time Compease sales, implementation and training partner.

Financial details of the acquisition were not disclosed. This is the second acquisition for HRN during the past twelve months. In July, 2008 HRN added an HR consulting and executive search division by merging with HRValue Group.

Mr. Nelson stated, “The merger of Koker Goodwin & Associates and HRN culminates a working relationship that has spanned well over a decade and brings together two of the premier compensation and performance management organizations in the country. The synergies will be huge and the outlook for future growth and professionalism is without limit. Clinton Koker and Mike Goodwin have been great friends and business associates for years; to be working with them within the same organization will be outstanding.”

Clinton R. Koker, CEO of Koker Goodwin & Associates added to Mr. Nelson’s remarks by saying, “During the past twelve years we have worked in partnership with HRN Management Group. That partnership has proven to be beneficial to HRN, Koker Goodwin and Associates and our clients. This merger is only natural and I believe will further the objectives of providing high quality, cost-effective human resource consulting and software solutions for our mutual clients.”

Additional information about Koker Goodwin & Associates can be found on the Internet at www.kgassociates.com.

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February 11, 2009

HRN Kicks off 20th Anniversary by Announcing New Consulting Division and Performance Pro III Release Date

NEWS RELEASE

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SALT LAKE CITY (February 11, 2009) — HRN Management Group today acknowledged its 20th anniversary by announcing the establishment of an HR consulting division and setting a September, 2009 release date for the much anticipated Performance Pro version III.

Additionally, due to judicious fiscal management, product/customer support excellence, and disciplined sales and marketing programs, in 2008 HRN matched its record setting 2007 sales revenue mark despite a challenging worldwide economic business climate.

Mr. Jerry Nelson, HRN Founder, President & CEO stated, “As we embark upon our 21st year, I can think of no other time in our history where we have looked forward to achieving so many significant accomplishments. It will be an exciting year for HRN and our clients.”

(more…)

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