|
XO Communications Chooses Cytiva’s SonicRecruit Leading telecommunications provider selects SonicRecruit recruiting application
San Francisco, CA – July 12, 2004 - Cytiva Software Inc. (CRX:TSX-V), a leading provider of recruiting software solutions, is pleased to announce that major telecommunications provider XO Communications, Inc. has selected Cytiva’s SonicRecruit product to optimize their recruitment process and has signed a multi-year contract.
With $1,11 billion in reported revenue in 2003, XO Communications serves more than 70 US major metropolitan areas. SonicRecruit will assist XO in recruiting a geographically distributed workforce and supporting the company’s mandate of hiring experienced professionals dedicated to exceptional customer service. “Our employees are our most valuable assets. Their experience and dedication help the company discover new and better ways of approaching and accomplishing our business goals. As such, recruiting is one of the key cornerstones to our business,” Terri Burke, vice president of Human Resources at XO. “In our rapidly changing and highly competitive industry, we need to combine the best recruiting strategies with innovative technology solutions to accomplish our corporate objectives and SonicRecruit is assisting us with that goal. We are very pleased with results we have experienced with SonicRecruit.” “XO Communications is a leader in the telecommunications industry and we are pleased to have been chosen to play a role in their growth.” said Jason Moreau, President of Cytiva. “By selecting a recruiting solution that delivers the flexibility and robust functionality necessary to succeed in a highly competitive environment, XO will be able to meet their demanding workforce requirements. Using SonicRecruit, XO can positively impact their hiring results and improve their competitive position with a stronger, more skilled workforce.”
About XO Communications
XO Communications is a leading provider of national and local telecommunications services to businesses, large enterprises and telecommunications companies. XO offers a complete portfolio of services, including local and long distance voice, dedicated Internet access, private networking, data transport, and Web hosting services as well as bundled voice and Internet solutions. XO provides these services over an advanced, national facilities-based IP network and serves more than 70 metropolitan markets across the United States. For more information, visit www.xo.com.
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.
|