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Press release distributed in partnership with ... 
Cytiva Named to Software Magazine’s First Annual Software 500 Next 100
Software Magazine Ranks Cytiva Number 501 as one of the World’s Largest Software Companies
Emeryville, CA (PRWEB) January 21, 2009 -- Cytiva Software Inc. (CRX;TSX.V), a leading provider of on-demand recruiting software solutions, announced today its inclusion on Software Magazine’s Software 500 Next 100 ranking of the world’s largest software and services providers. This is the first year for the Next 100 of the Software 500, which is now in its 26th year.
Software magazine reported that six companies were selected in the hr/workforce management systems sector, led by Cytiva Software at number 501. Software Magazine spotlighted Cytiva for its 84% growth in revenue.
Cytiva Software, in business for more than twelve years offers recruiting and talent management products via the Software as a Service (SaaS) model. Cytiva’s suite of products includes recruiting, staffing, vendor management, manager self-service, onboarding and performance management.
“The Software 500 Next 100 helps CIOs, senior IT managers and IT staff research and create the short list of business partners,” said John P. Desmond, editor of Software Magazine and Softwaremag.com. “It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software.”
“Even though a weak dollar depressed our revenues in 2007, Cytiva managed 87% growth,” said Jason Moreau, CEO of Cytiva Software Inc. “If in the face of strong financial headwinds, we can achieve that kind of momentum, we’ll take 501 any day.”
The Software 500 is a revenue-based ranking of the world’s largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.
The ranking is based on total worldwide software and services revenue for 2007. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
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 (talent acquisition) 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 system automates employee evaluations, aligns employees around key goals and encourages year round feedback. And, Cytiva’s SonicOnboard (onboarding) solution helps organizations get their new hires productively contributing faster. For more information, visit http://www.sonicrecruit.com.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies, now in its 26th year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
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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