Halogen Software Inc.

Halogen Software Inc.

April 23, 2008 10:05 ET

Halogen Software Achieves Record First Quarter, Marks 22 Quarters of Year-Over-Year Growth

Strong quarter sets corporate records for both revenue and new customer wins in Q1

OTTAWA, ONTARIO--(Marketwire - April 23, 2008) - Halogen Software Inc., a leading provider of web-based employee performance and talent management software announced that the company's first quarter of 2008 broke previous first quarter records for both new customer wins and revenue. This also marks the organization's 22nd consecutive quarter of year-over-year growth.

Halogen's record first quarter included the addition of new customers including Brant Community Healthcare Systems, Burson-Marsteller, LLC, Caron Treatment Centers, Central Bank & Trust, JT3 LLC, Gentiva, Memorial Health Center (Wisconsin), Penson Financial Services Inc, Purdue University, Sycuan Casino, The Corporation of the City of London, TYBRIN Corp and Wipfli LLP. Halogen's positive first quarter results are a testament to the importance that organizations of all sizes place on effectively managing employee performance and talent regardless of economic cycles.

"Due to the highly classified nature of our business, we needed an employee performance management vendor that would allow us to host our system internally. Halogen allowed us to do this and it was incredibly easy to use and implement. The IT staff who have been involved at our end love the system," said Robert C. Donovan, Corporate Director of Human Resources with JT3 LLC. "The Halogen system will contribute to our goal of creating a focused, uniform culture among the original organizations that have come together to make up JT3 LLC."

Record new customer numbers for the first quarter reflect the continued strong momentum of Halogen's vertical specific solutions for healthcare, financial services and professional services. These solutions are tailored to meet industry specific challenges and are designed with the input both customer and leading experts from each industry.

Located in Wisconsin, Memorial Health Center is a 25-bed, not-for-profit, primary care hospital and clinic organization. "Our employee appraisal process needed to be streamlined and the quality, accuracy and consistency of the final product had to be improved. Halogen will enable us to address all of these issues," said Angela Hupf, VP of Human Resources at Memorial Health Center. "It gave us great faith in both the organization and the solution to know that it was already in place with over 400 healthcare facilities and the solution has been endorsed by the American Hospital Association

Industry Recognition

During the quarter the company also garnered industry recognition in key research papers covering timely HR trends including:

- FactPoint's research on deployment models for employee performance and talent management software

- Creelman Research's paper on the importance of employee performance and talent management during a down cycle

- Bersin's report on talent management, which ranks Halogen as a market leader with strong ratings in multiple categories related to product strength, architecture and customer satisfaction

- IDC's study recognizing Halogen customer O'Sullivan Creel for best practices in employee performance and talent management

Halogen User Conference Announced

During the first quarter of 2008, Halogen announced its upcoming User Conference taking place September 15-16, 2008. The third annual conference is designed to enable the company's customers to maximize the value of their Halogen Employee Performance and Talent Management solutions. Attendees will learn how to develop and deliver key initiatives such as talent pool-based succession planning, compensation management and organizational goal alignment, through use of the features available in Halogen's employee performance and talent management software.

About Halogen Software

A recognized industry leader with over 1000 customers worldwide, Halogen Software makes powerful, simple-to-use and affordable employee performance and talent management applications. The company offers a complete suite of web-based products that automate, simplify and integrate employee performance management, 360/multi-rater feedback, compensation management, succession planning and learning management Halogen's offering makes HR best-practices accessible to companies of all sizes and its healthcare, financial services and professional services specific suites meet the unique needs of these industries. Halogen is consistently recognized by the industry and its customers for its exceptional implementation and support services, and has won multiple awards for its corporate leadership and product innovation, including HR Technology Product of the Year. For more information, visit www.halogensoftware.com.

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