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CYTIVA LAUNCHES SONICRECRUIT ONBOARDING
New Flexible Onboarding Solution Extends Cytiva’s Market Reach
VANCOUVER, BC – June 26, 2006 – Cytiva Software Inc. (CRX: TSX:V), a leading provider of recruiting software solutions, announced today that the Company has released SonicRecruit Onboarding to assist companies in delivering a positive new hire experience. SonicRecruit Onboarding is a flexible solution, helping mid-sized companies realize a return on recruiting costs and increase retention rates dramatically.
SonicRecruit Onboarding standardizes efforts and creates a consistent, supportive new hire experience. The module, when purchased integrates right into the SonicRecruit base module allowing users to easily initiate the onboarding process of a new employee. The solution is flexible enough to allow for different onboarding tasks, materials and resources for different types of hires. Email integration and document merge improve efficiency and get new employees up and running faster.
“Onboarding starts in the recruitment process, by setting the right expectations, so it’s a natural extension of our product line. Effective onboarding translates into higher levels of employee retention,” said Jason Moreau, President of Cytiva Software. “This product expands our reach into becoming a true end-to-end hiring solution and provides Cytiva with new opportunities for growth. As the economy continues to improve and unemployment rates remain low, companies are now looking past just getting new bodies in the door they also know they have to do a great job in retaining them and that starts with a positive onboarding experience.”
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. For more information, visit www.sonicrecruit.com.
CONTACT:
Ian Alexander
mediarelations@sonicrecruit.com
510-984-1986
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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