Cytiva Named to the Branham 300 List of Top Canadian Technology Companies

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High-growth Cytiva debuts on the Branham Group’s annual listing of the largest software companies in Canada.

The fact that our record revenue growth has enabled us to achieve the size needed qualify for the Branham 300 is further validation of SonicRecruit’s mission to provide North American organizations with world class recruiting software with the world class price.

Cytiva today announced its inclusion on the Branham 300 ranking of the world’s largest information technology companies in Canada, now in its 15th year. Cytiva was ranked 239.

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; and
  •     Over 50% of their research and development activities are conducted in Canada.

“We are extremely proud to be included in this prestigious list,” said Jason Moreau, CEO of Cytiva. “The fact that our record revenue growth has enabled us to achieve the size needed qualify for the Branham 300 is further validation of SonicRecruit’s mission to provide North American organizations with world class recruiting software with the world class price.”

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 http://www.branham300.com.

About Branham Group Inc.:
Based in Ottawa, Ontario, Branham Group Inc. is a leading "Go-to-Market" consulting firm servicing the global information technology marketplace. Branham conducts work in the United States, Europe, Latin America, Asia and Canada. Branham Group assists information technology companies and related institutions in achieving market success through its planning, marketing and partnering services. Branham has a strong legacy of researching and analyzing vertical, horizontal and cross-industry opportunities. In Canada, it is well known for publishing the most comprehensive listing of the top Canadian ICT vendors.

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 recruiting software product, SonicRecruit, allows corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier applicant tracking system improves recruiting effectiveness, speeding up the hiring process and reducing cost per hire. Cytiva’s SonicPerform employee performance management system automates employee evaluations,
aligns employees around key goals and encourages year round feedback. For more information, visit http://www.sonicrecruit.com.

CONTACT:
Ian Alexander
mediarelations @ sonicrecruit.com
510-984-1986

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 eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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