Press Releases

New SonicFeedback and SonicParser Added to SonicRecruit, Cytiva's Highly Respected Talent Acquisition Solution

Features provide new help for organizations to deal with the increased number of candidates associated with higher unemployment

EMERYVILLE, CA - February 26, 2009 - Cytiva Software Inc. (CRX;TSX.V), a leading provider of Software as a Service (SaaS) talent management solutions, announced today the availability of new features for its talent acquisition solution.

New SonicFeedback allows organizations to create and assign feedback forms to any step of the recruiting process and gather key data to better manage their hiring. In keeping with SonicRecruit's tradition of providing highly flexible solutions, the uses of SonicFeedback are extensive. Some examples of how organizations can use SonicFeedback are:

  • Gathering and analyzing structured information from interviewers for use in the evaluation of candidates
  • Getting structured feedback from applicants to evaluate their overall satisfaction with the hiring process, fringe benefits, employment brand effectiveness, recruiter professionalism, and more
  • Gathering feedback from new hires regarding the onboarding and orientation process

SonicFeedback provides a highly flexible, integrated and easy to deploy method for organizations to get the most out of their recruiting and onboarding efforts.

Just in time to help organizations deal with the large increase in resume flow due to increased unemployment, is new SonicParser. SonicParser is Cytiva's new proprietary resume parsing technology that allows recruiters to forward emailed resumes into their applicant tracking system. From a simple email, SonicParser reads the resume and pulls out key information, creates a candidate record in the applicant tracking system, and prepopulates the candidate's information. SonicParser can read and parse multiple resumes and is highly flexible in automatically assigning job codes and recruiter ownership as it creates candidate records.

Though SonicRecruit has offered a similar feature for many years, much of it has been provided by a 3 rd party. New SonicParser provides greater accuracy and much faster availability of candidate records. Further, SonicParser allows Cytiva to enhance the capability of its resume parsing to better match the needs of its entire talent management suite in the future.

"SonicFeedback and SonicParser are examples of the kind of regular enhancements we provide our clients at no extra cost, with no upgrades necessary," said Jason Moreau, CEO of Cytiva. "This is the payoff of the Software as a Service business model for clients - easy and frequent enhancements, and added value throughout the life of the relationship."

"A lack of resume parsing, or just plain bad resume parsing makes a recruiter's life harder, and can kill the application process for candidates trying to easily apply for your open positions online," said Jennifer Fray , Vice President of Client Services for Cytiva. "We've received positive feedback from clients about the increased speed and accuracy of SonicParser."

SonicFeedback and SonicParser are available immediately to all SonicRecruit clients.


About Cytiva Software Inc
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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. Cytiva's SonicPerform employee performance management system automates employee evaluations, aligns employees around key goals and encourages year round feedback. And, Cytiva’s SonicOnboard onboarding solution helps organizations get their new hires productively contributing faster. For more information, visit http://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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