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Press release distributed in partnership with ... 
Cytiva Announces Landmark Third Quarter Results for SonicRecruit
Profitable and growing at a record clip, this on demand talent management software provider kicks into high gear.
Vancouver, BC (PRWEB) November 15, 2006 –- Cytiva Software Inc. (CRX: TSX:V), a leading provider of recruiting software solutions, recently announced record 3rd quarter results to the financial community.
For the period ending September 30, 2006, Cytiva announced several milestones which signal great things to come for the emerging leader in mid market talent management software and its shareholders.
Highlights of Cytiva’s Q3 06 results were:
| | - YTD sales up 120% over the same period last year
- 31% Revenue growth
- Record quarter for new contract value (over $1 million)
- Fourth consecutive profitable quarter
- Total clients over 160
- SonicRecruit handling over 2.5 million candidate resumes
- 96% renewal rate for trailing quarter
- Named to the Software Magazine Software 500
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During the first three quarters of 2006, Cytiva has built and launched SonicRecruit onboarding, hourly and enterprise solutions. Further, Cytiva has added pre-hire assessment content, WOTC/WTW screening and enhanced resume mining to their solution through partnerships.
“Cytiva has a solid strategy of bringing world-class talent acquisition tools to mid-market companies, and an extremely satisfied SonicRecruit client base,” said Jason Moreau, CEO of Cytiva. “Combine that with strong execution by our product development, sales and client services groups and it adds up to impressive results for clients and investors.”
About Cytiva Software Inc.
Cytiva Software Inc. (CRX:TSX-V) provides innovative recruiting products and services to mid sized and Fortune 500 companies. With its flagship product, SonicRecruit, corporations can automate their recruiting departments and customize their corporate career sites. SonicRecruit, a premier applicant tracking system, improves recruiting effectiveness speeding up the hiring process and reducing cost per hire. For more information visit www.sonicrecruit.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
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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