Halogen Software Inc.

Halogen Software Inc.

February 08, 2011 08:02 ET

Halogen Software Delivers Stellar Performance in Fourth Quarter of 2010 and Closes Year with Strong Growth and Increased Industry Recognition

2010 highlighted by strong increases in annual recurring revenue and new customer wins; customer and analyst recognition for exceptional customer service

OTTAWA, ONTARIO--(Marketwire - Feb. 8, 2011) - Halogen Software Inc., a leading provider of talent management software closed its fourth quarter and 2010 fiscal year with strong growth. Annual recurring revenue saw an impressive 38 percent increase year over year. The company's strong performance was also highlighted by a significant number of new customer wins, high customer retention rates, exceptional customer service and an enhanced and expanded talent management offering. 

Among the many new customers that joined Halogen in the fourth quarter of 2010 are leading mid-market organizations from healthcare, manufacturing, professional services, financial services, education, hospitality, and public sector markets including: Advantage Health Solutions Inc., INTTRA Inc., LaBarge Inc., Sony Corporation of America, Shred-It, ONKYO China Limited, Hein & Associates LLP, Hill & Wilkinson, BillingTree, The Rockefeller Group, Montana Department of Natural Resources and Conservation, The New York Conservatory for Dramatic Arts, and City of Westerville.

John Pryor, Director of Human Resources for INTTRA Inc., explains why INTRRA selected Halogen to support its talent management needs.

"We evaluated different products and selected Halogen because of the flexibility of the company's solution and the ease of implementation," says Pryor. "Not only are we are able to customize it to adapt to our workflow and performance management processes, but it gives our employees greater visibility into how their day-to-day efforts impact the company. This visibility is hugely important to our employee engagement efforts and of course, positions us to more accurately monitor success."

Highlights from the fourth quarter of 2010 include being named to the Top 50 Best Small and Medium Employers in Canada for the third consecutive year by AON Hewitt, and being named by Bersin & Associates as the leader in customer satisfaction for the second consecutive year.

Halogen's recognition as an industry leader in talent management systems customer satisfaction is a continued reflection of the company's commitment to deliver a world class customer experience, while producing market leading products that help its customers realize the full potential of their workforce.

"My interactions with Halogen have been amazing," says Wendy Preston, Director of Human Resources, The New York Conservatory for Dramatic Arts. "Some organizations say they listen to their customers but when it comes down to the wire, there is no delivery on that promise. Halogen understands the unique needs of higher education organizations and that was a huge selling point for us. They take our input and feedback seriously and when we have questions about our implementation, their customer support team has been able to quickly point us in the right direction."

In addition to customer satisfaction leadership, Halogen's fourth quarter of 2010 capped off a year that featured product leadership and operational excellence:

  • The release of Version 10 of the Halogen Talent Management Suite, which features a new user experience and the introduction of its latest module – Job Description Builder™;

  • Further enhancement of its vertical industry leadership by introducing two new market specific solutions – developed to address the unique talent management needs of public sector institutions and hospitality organizations;

  • Successful delivery of the company's largest annual user conference in September

  • Recognition by Bersin & Associates as a 2010 Learning Leader in the "Vendor Innovation" category for Halogen eLearning Manager™;

  • Introduction of a series of Halogen User Groups to give peers in the industry the opportunity to discuss innovative uses for Halogen's talent management solutions.

About Halogen Software

Halogen Software is recognized as a market leader by industry analysts and is strongly endorsed by the thousands of HR professionals who use their Talent Management solutions. The company offers a complete suite of web-based products that automate, simplify and integrate performance appraisals, 360 degree feedback, compensation management, succession planning, job descriptions and learning management. Halogen's offering makes HR best-practices accessible to companies of all sizes and its healthcare, education, manufacturing, public sector, hospitality, 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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