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

Posted by: Clinton Koker on 7/9/2009 9:14:23 AM

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SALT LAKE CITY (July 7, 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 12 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, "Over 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 objective of providing high quality, cost-effective human resource consulting and software solutions for our mutual clients.

About HRN Management Group
Founded in 1989, HRN develops practical and effective human resource Management products designed to simplify and improve employee development, compensation administration, and regulatory compliance. HRN recently formed a consulting division and now provides comprehensive HR services ranging from executive search and recruitment to organizational development, management training, pre-employment background verification, and affirmative action plan preparation. HRN Management Group can be found on the Internet at: www.hrnonline.com