SOURCE: Cytiva Software Inc.

July 11, 2007 09:00 ET

Cytiva Opens New Offices in Petaluma, California - Birthplace of Performance Management Software

Talent Management Software Developer Uses Flexibility and Virtual Infrastructure to Source Talent

VANCOUVER, BC--(Marketwire - July 11, 2007) - Cytiva Software Inc. (TSX-V: CRX), a leading provider of on-demand talent management software solutions, announced today the opening of new offices in Petaluma, California.

Petaluma became the de facto birthplace of employee performance management software after Petaluma software developer KnowledgePoint launched what is arguably the first commercial application for evaluating and tracking employee performance in 1994. After years of success at the leading edge of human resource management software, KnowledgePoint was sold in 2004 and has subsequently been absorbed into another corporation.

But for a company like Cytiva, who recently announced its intention to add performance management software to its suite of talent management software solutions, a location like Petaluma represents fertile ground for acquiring the kind of talent needed to develop future generations of employee performance management applications.

This practice of "going where the talent is" is nothing new to Cytiva and may be a key component in their rapid growth. In addition to the new Petaluma location, Cytiva has offices in Vancouver, B.C., Emeryville , Ca. and sales offices across the country. The company has more than doubled in size in the last year and it attributes much of its success to its virtual culture and willingness to accommodate talented employees.

"When I tell our clients that their employees are their main competitive advantage, I truly believe it," said Jason Moreau, CEO of Cytiva. "When we began to develop a core group of individuals in the Petaluma area that could help us deliver world-class talent management applications, better and faster than our competition, opening an office there became an easy decision."

Moreau credits Cytiva's virtual infrastructure with making it easy to manage a dispersed, fast growing enterprise. From a virtual PBX to Internet-based, on-demand customer relationship management tools to their online meeting infrastructure, Cytiva has been built from the ground up as a virtual company.

"Our SonicRecruit on-demand applicant tracking software provides companies with anywhere, anytime access to world-class talent acquisition technology," says Moreau. "We use this same anywhere, anytime philosophy in our own work culture to gain a huge recruiting and performance advantage."

The new offices are located at 850 Petaluma Blvd. North, Petaluma, CA 94954.

About Cytiva Software Inc.

Cytiva Software Inc. (TSX-V: CRX) provides innovative software and services to help mid-sized and Fortune 500 companies hire, manage and maximize their talent. Its flagship talent acquisition product, SonicRecruit, allows corporations to screen applicants, automate their recruiting departments, customize their 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. Over 170 organizations use SonicRecruit, including Coca Cola Bottlers, American Standard, Restoration Hardware, NetFlix and more. For more information, visit

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.

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