Cytiva Named to the Branham300 List of Top Canadian Technology Companies
Talent management software provider makes the Branham Group’s annual listing of the largest software companies in Canada for the third straight year
VANCOUVER, BC — April 6 —2010 – Cytiva announced today its inclusion on the Branham300 ranking of the world’s largest information technology companies in Canada, now in its 15th year. Cytiva was ranked 247.
Known as the most comprehensive and trusted source for the health of the Canadian Information technology industry, being listed in the Branham300 is a tremendous achievement. It provides an opportunity to demonstrate the breadth of innovative technology offered by Canadian companies and the contribution these companies make to the economy both nationally & provincially. It has also become a tool to promote Canadian ICT domestically and abroad.
For consideration as a Canadian company for the purposes of applying to the Branham300 (other than the multinational listing), companies must meet three of the following criteria:
The company was founded in Canada and their headquarters remain in Canada
Over 50% of their employees are located in Canada
Corporate direction is determined in Canada
Over 50% of their research and development activities are conducted in Canada
“The fact that Cytiva has become a fixture on the Branham300 list over the last three years makes us extremely proud,” said Jason Moreau, CEO of Cytiva. “To make the list after a year of unprecedented economic turmoil validates the strength of our products and our Software as a Service (SaaS) business model.”
Cytiva’s SaaS solutions help organizations hire, onboard and align employees to achieve higher performance. The market for SaaS “talent management” software tools has remained remarkably strong in the face of record unemployment and workforce reductions. Cytiva’s SonicRecruit, SonicOnboard and SonicPerform suite is accessed through a browser and hosted on Cytiva’s secure servers in data centers in the U.S. and Canada.
The Branham300 listing is featured as “Canada’s TOP 300”, published in the March/April issue of Backbone Magazine available today. The full results are also available online at www.branham300.com.
About Branham Group Inc.
Branham Group is a leading industry analyst and strategic consulting firm servicing the global information technology marketplace. Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (eHealth, Outsourcing, Green IT and Wireless). Branham also produces an annual listing of the top information technology companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 eHealth vendors. For more information regarding Branham Group, please visit www.branhamgroup.com.
About Cytiva Software Inc.
Cytiva Software Inc. (CRX:TSX.V) provides innovative on-demand talent management software and services to mid-sized and Fortune 500 companies. Its flagship applicant tracking software product, SonicRecruit, allows corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier recruiting software improves recruiting effectiveness, speeding up the hiring process and reducing cost per hire. Cytiva’s SonicPerform employee performance management software automates employee evaluations, aligns employees around key goals and encourages year round feedback. For more information, visit http://www.cytiva.com.
The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management. Forward-looking Statements: This news release contains forward-looking statements related to the future financial condition and results of operations of Cytiva. These statements are based on current expectations and estimates about the human resources markets in which Cytiva operates and management’s beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. Some of the factors which could cause results or events to differ materially from current expectations include but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; and success in implementing productivity initiatives. Some of these factors are largely beyond the control of Cytiva. Should any factor impact Cytiva in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by Cytiva will be realized or, even if substantially realized, that they will have the expected consequences for Cytiva. Readers should not place undue reliance on any forward-looking statements. Further, Cytiva disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence.
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.