SOURCE: Cytiva Software Inc.

April 22, 2008 09:30 ET

Cytiva Launches New SonicPerform Employee Performance Management Solution

SonicRecruit Developer Enters a Market Filled With Vendor Hype, Growing Dissatisfaction, Recent Lawsuits and Client Confusion With an Easy to Use, Easy to Own Performance Management System

VANCOUVER, BC--(Marketwire - April 22, 2008) - Cytiva (TSX-V: CRX), developers of the SonicRecruit talent acquisition system, today announced the release of SonicPerform, a new employee performance management system designed for mid-sized organizations.

Cytiva's new SonicPerform is designed to be a breath of fresh air for organizations who want to automate the process of aligning employees around key goals, tracking and encouraging performance feedback year-round and improving the quality and relevancy of performance evaluations.

SonicPerform represents the culmination of the work of a team of performance management software veterans with decades of experience building and implementing systems in thousands of organizations.

"The one thing our team has learned over the last dozen years building and implementing automated performance management systems is that organizations will fail if the software they choose is too convoluted and difficult for managers to use," said Jason Moreau, CEO of Cytiva. "We designed SonicPerform to be the most straightforward and easy to use system available on the market today."

The market for employee performance management software has expanded rapidly over the last few years led by venture capital fueled competitors offering extremely broad solutions and spending handsomely to obtain clients. Meanwhile, talent management system dissatisfaction rates and market confusion continue to remain high. Most recently, a lawsuit has been launched between performance management vendors alleging false advertising, computer fraud and abuse.

To help organizations cut through the clutter of vendor litigation, product claims and talent management hyperbole, Cytiva has released a white paper entitled "Six Key Steps to Successfully Select and Implement a Performance Management System." This white paper was written by Ian Alexander, former President of KnowledgePoint and performance management software pioneer. It provides organizations with a real-world, rational roadmap of how to approach system selection and implementation.

SonicPerform and the "Six Steps to Successfully Select and Implement a Performance Management System" white paper are available immediately. For more information visit http://www.sonicperform.com. To get a free copy of the "Six Steps" white paper, visit http://www.sonicperform.com/requestwhite.htm.

About Cytiva Software Inc.

Cytiva Software Inc. (TSX-V: CRX) 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 performance management system automates employee evaluations, aligns employees around key goals and encourages year round feedback. For more information, visit http://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.

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.

Contact Information