Deliver Your News to the World

Aimco Selects SPSS to Enhance Employee Recruitment and Retention


CHICAGO, 10/02/06 — SPSS Inc. (NASDAQ: SPSS), a leading worldwide provider of predictive analytics software, today announced that Apartment Investment Management Company -- Aimco (NYSE: AIV) has purchased SPSS predictive analytics software to enhance its employee recruitment and retention efforts.

Aimco is the nations largest owner and operator of apartment homes in the United States -- operating 1,320 properties, including approximately 230,000 apartment units, serving nearly one million residents each year. Aimco employs about 6,500 employees in 47 states, the District of Columbia and Puerto Rico.

“SPSS predictive analytics software will help Aimco increase retention, reduce talent acquisition costs and maximize employee productivity,” said Aimco Senior Vice President of Talent Management Terri Heredia.

Reducing employee turnover and keeping recruitment costs down are essential functions of Human Resources (HR). Aimco is developing three predictive models that enhance how HR can effectively manage the people side of the business with bottom-line results. First, the Candidate Success model identifies prospective high performers in the recruiting process using data from current successful employees.

Second, the Turnover model identifies points of failure in the employee lifecycle to proactively address turnover at the individual level. Third, the Resource Allocation model is a business-driven demand model that predicts and validates headcount needs and drives efficiency in operations.

“Employers know the never-ending challenge of recruiting and retaining superior employees,” said SPSS President and CEO Jack Noonan. “Aimco’s deployment of predictive analytics demonstrates how human resources organizations can improve not only their operations but also the organizations they support.”

About Aimco

Aimco is a real estate investment trust headquartered in Denver, Colorado that owns and operates a geographically diversified portfolio of apartment communities through 19 regional operating centers. Aimco, through its subsidiaries, operates 1,320 properties, including approximately 230,000 apartment units, and serves approximately one million residents each year. Aimco’s properties are located in 47 states, the District of Columbia and Puerto Rico. Aimco common shares are included in the S&P 500.

About SPSS Inc.

SPSS Inc. (NASDAQ: SPSS) is a leading worldwide provider of predictive analytics software and solutions. The company’s predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit


This press release contains forward-looking information made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by phrases such as “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “could,” “designed,” “should be” and other similar expressions which denote expectations of future events rather than statements of fact. These forward-looking statements involve factors that are subject to risks and uncertainties. These risks and uncertainties, which may not be currently ascertainable and many of which are beyond the Company’s control, may cause the Company’s actual results, performance or achievements to be materially different than the results, performance or achievements expressed in or implied by the forward-looking statements. These risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission (“SEC”). Copies of these filings are available either on the SEC’s website at www.sec.govor from the Company’s investor relations department. In light of these risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as a representation by the Company that any future results, performance or achievements will be attained. These forward-looking statements speak only as of the date on which they are made. The Company assumes no obligation to update the forward-looking statements contained in this press release.

This is a dated announcement. The material in this announcement could be superceded by more current announcements.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.