New research provides employers with key insights into talent acquisition best practices
VANCOUVER, BC – June 21, 2007 – Cytiva Software Inc. (CRX – TSX.V), a leading provider of on-demand talent management software solutions, announced today that the company will underwrite a landmark study by Aberdeen, a Harte-Hanks Company (NYSE: HHS),. The goal of the report is to determine how companies are adopting and adapting talent acquisition strategies in order to gain recruiting efficiencies, achieve differentiated value and win the global war for talent.
The study, titled “The Global War for Talent: Getting What You Want Won’t Be Easy,” is scheduled for publication June 30, 2007 and will be available for limited time beginning June 30th at http://www.sonicrecruit.com/ or at http://www.aberdeen.com/.
Recent Aberdeen research has revealed that 90% of Best in Class companies have aligned talent acquisition to their company’s overall strategic plan, yet 64% of all companies feel pressure to find faster and easier ways to populate their databases with a qualified pool of talent.By redefining the talent recruitment process to include HR, Marketing and LOB managers, and by proactively communicating with prospective talent, companies will be more productive and efficient in job sourcing, and will achieve greater success in attracting and hiring the “best” candidates.
Sourcing and tracking job applicants accurately and efficiently is one thing; making talent acquisition a competitive differentiator is another. In Aberdeen’s June 2006 Talent Acquisition Strategies benchmark study, 82% of companies were investing (or planned to invest) in a talent acquisition strategy, and 53% of Best in Class companies stated their most critical success factor was “quality of hire.” “The Global War for Talent: Getting What You Want Won’t Be Easy,” looks at what an organization can do to streamline its talent acquisition process while at the same time maintain a pipeline of high quality talent and attain top-on-mind status with desired applicants.
“Best-in-Class companies are more than twice as likely to focus their talent acquisition efforts on future workforce planning as industry Laggards,” said Kevin Martin, Research Director, Human Capital Management at Aberdeen Group. “Due in part to this, Best-in-Class companies experience a consistent advantage over other companies in two areas: Knowledge of what skills they seek (based upon traits of top performers among their employee base) and the ability to connect quickly with candidates who meet those desired traits.”
“Our goal is to help companies discover how they can leverage the SonicRecruit talent management system to support a best in class talent acquisition strategy,” said Jason Moreau, President and CEO of Cytiva Software. “This important study provides key insight to help companies make talent acquisition a core competency.”
About AberdeenGroup, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen™ for insights that drive decisions. As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information – Opportunity – Insight – Engagement – Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.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 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.
Thursday, June 21, 2007
Tuesday, June 12, 2007
SonicRecruit’s New Advanced Candidate Search Addresses Major Recruiting Problem
Conceptual, Inflectional and Proximity Searching Added to SonicRecruit’s Already Powerful Candidate Search Functionality
VANCOUVER, BC - June 12, 2007 - Cytiva Software Inc. (CRX:TSX.V), a leading provider of on-demand recruiting software solutions, announced today the addition of powerful new candidate search functionality to its SonicRecruit talent acquisition system.
This new suite of search tools helps recruiters more efficiently find great candidates within their SonicRecruit talent pool. As mid to large sized organizations maximize their talent acquisition efforts through recruiting systems like SonicRecruit, they can quickly build extremely large talent pools that become quite valuable in reducing advertising and recruiting fees. Yet these talent pools are only valuable if an organization can quickly and reliable mine them for crucial skills and qualifications as new positions become available.
According to Kevin Martin, Research Director, Human Capital Management at Aberdeen Group, “the top challenge that companies face when it comes to employees is “finding the right talent when needed.” SonicRecruit’s new conceptual, proximity and inflectional suite of search tools help mine these vast talent pools to uncover instant candidates.
Here’s how they work:
Relevancy Search: The relevancy search looks for a keyword or a combination of keywords and ranks how often they appear, and takes into consideration the size of the candidate profile (a small profile with 10 matches is considered a better match than a huge profile with 11). The relevancy feature is used with regular, proximity, inflectional and conceptual searches.
Proximity Search: The proximity search looks for all keywords and ranks how close they appear to one another, how often they appear, and takes into consideration the size of the candidate profile.
Inflectional Search: The inflectional search looks for male/female and singular/plural versions of a word (i.e., a search for “Actor” returns “Actor, Actress, Actors, Actresses”) and for verb conjugations (i.e., a search for “go” will return “go, going, went, gone”).
Conceptual Search: The conceptual search - which can be used with the regular and inflectional searches - allows clients to create their own customizable thesaurus of synonyms. Group terms together (i.e., “VB, VBScript, Visual Basic” or “Manager, Supervisor, Director”) and a search for one item will return profiles with any other synonym in the group. There’s no limit to the number of groups clients can create.
“For many SonicRecruit clients needing specialized skill sets, the impending talent shortage is already here in a big way,” said Jason Moreau, CEO of Cytiva. “The ability to more quickly locate, communicate with, and hire top talent is a key requirement and these new features will ensure SonicRecruit clients can easily find the right talent when needed.”
The new suite of SonicRecruit search tools is currently available to all SonicRecruit clients.
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 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.
VANCOUVER, BC - June 12, 2007 - Cytiva Software Inc. (CRX:TSX.V), a leading provider of on-demand recruiting software solutions, announced today the addition of powerful new candidate search functionality to its SonicRecruit talent acquisition system.
This new suite of search tools helps recruiters more efficiently find great candidates within their SonicRecruit talent pool. As mid to large sized organizations maximize their talent acquisition efforts through recruiting systems like SonicRecruit, they can quickly build extremely large talent pools that become quite valuable in reducing advertising and recruiting fees. Yet these talent pools are only valuable if an organization can quickly and reliable mine them for crucial skills and qualifications as new positions become available.
According to Kevin Martin, Research Director, Human Capital Management at Aberdeen Group, “the top challenge that companies face when it comes to employees is “finding the right talent when needed.” SonicRecruit’s new conceptual, proximity and inflectional suite of search tools help mine these vast talent pools to uncover instant candidates.
Here’s how they work:
Relevancy Search: The relevancy search looks for a keyword or a combination of keywords and ranks how often they appear, and takes into consideration the size of the candidate profile (a small profile with 10 matches is considered a better match than a huge profile with 11). The relevancy feature is used with regular, proximity, inflectional and conceptual searches.
Proximity Search: The proximity search looks for all keywords and ranks how close they appear to one another, how often they appear, and takes into consideration the size of the candidate profile.
Inflectional Search: The inflectional search looks for male/female and singular/plural versions of a word (i.e., a search for “Actor” returns “Actor, Actress, Actors, Actresses”) and for verb conjugations (i.e., a search for “go” will return “go, going, went, gone”).
Conceptual Search: The conceptual search - which can be used with the regular and inflectional searches - allows clients to create their own customizable thesaurus of synonyms. Group terms together (i.e., “VB, VBScript, Visual Basic” or “Manager, Supervisor, Director”) and a search for one item will return profiles with any other synonym in the group. There’s no limit to the number of groups clients can create.
“For many SonicRecruit clients needing specialized skill sets, the impending talent shortage is already here in a big way,” said Jason Moreau, CEO of Cytiva. “The ability to more quickly locate, communicate with, and hire top talent is a key requirement and these new features will ensure SonicRecruit clients can easily find the right talent when needed.”
The new suite of SonicRecruit search tools is currently available to all SonicRecruit clients.
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 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.
Thursday, June 7, 2007
Cytiva’s SonicRecruit Featured in New Brandon Hall Talent Management Report
VANCOUVER, BC - June 7, 2007 - Cytiva Software Inc. (CRX:TSX.V), a leading provider of on-demand recruiting software solutions, has been featured in a new report on talent management by Brandon Hall research.
The study, titled “Talent Management: A Complete Guide to Strategies, Systems, and Issues,” contains the answers organizations need to ensure they find, develop, and retain the most skilled individuals. Co-written by industry experts Mark Albrecht and Janet Clarey, Senior Researcher and Writer at Brandon Hall Research, this 211-page report provides the most in-depth information available on the topic of talent management.
Cytiva’s SonicRecruit system is profiled as one of “20 leading talent management systems.” The company provided extensive information to aid the authors in preparing the report, including details about Coca-Cola Bottling Company’s highly successful implementation of SonicRecruit.
“Cytiva is proud to be profiled the Brandon Hall Research report ,” said Jason Moreau, CEO of Cytiva Software Inc. “As we continue to fulfill our mission of providing world-class talent management tools to mid-sized organizations, this kind of recognition is crucial to our success.”
For more information about SonicRecruit recruiting software, visit www.sonicrecruit.com.
For more information about “Talent Management: A Complete Guide to Strategies, Systems, and Issues,” visit www.brandon-hall.com.
About Brandon Hall Research
Located in Sunnyvale, Calif., Brandon Hall Research, www.brandon-hall.com, is an independent research firm that provides advice and insight on workforce development and talent management technologies, trends, and issues through reports, knowledge bases, Webinars, and consulting. The company also hosts the Brandon Hall Network, www.brandonhallnetwork.com, a thriving community of practice where workforce learning & development and HR professionals connect with peers globally to share ideas, advice, and resources. Brandon Hall Research also presents the annual Brandon Hall Excellence in Learning Awards, spotlighting the best learning programs, technologies, and innovations and produces the Brandon Hall Innovations in Learning Conference, www.brandonhallconference.com, the premier meeting place for interactive, hands-on exposure to learning tools and technologies.
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.
The study, titled “Talent Management: A Complete Guide to Strategies, Systems, and Issues,” contains the answers organizations need to ensure they find, develop, and retain the most skilled individuals. Co-written by industry experts Mark Albrecht and Janet Clarey, Senior Researcher and Writer at Brandon Hall Research, this 211-page report provides the most in-depth information available on the topic of talent management.
Cytiva’s SonicRecruit system is profiled as one of “20 leading talent management systems.” The company provided extensive information to aid the authors in preparing the report, including details about Coca-Cola Bottling Company’s highly successful implementation of SonicRecruit.
“Cytiva is proud to be profiled the Brandon Hall Research report ,” said Jason Moreau, CEO of Cytiva Software Inc. “As we continue to fulfill our mission of providing world-class talent management tools to mid-sized organizations, this kind of recognition is crucial to our success.”
For more information about SonicRecruit recruiting software, visit www.sonicrecruit.com.
For more information about “Talent Management: A Complete Guide to Strategies, Systems, and Issues,” visit www.brandon-hall.com.
About Brandon Hall Research
Located in Sunnyvale, Calif., Brandon Hall Research, www.brandon-hall.com, is an independent research firm that provides advice and insight on workforce development and talent management technologies, trends, and issues through reports, knowledge bases, Webinars, and consulting. The company also hosts the Brandon Hall Network, www.brandonhallnetwork.com, a thriving community of practice where workforce learning & development and HR professionals connect with peers globally to share ideas, advice, and resources. Brandon Hall Research also presents the annual Brandon Hall Excellence in Learning Awards, spotlighting the best learning programs, technologies, and innovations and produces the Brandon Hall Innovations in Learning Conference, www.brandonhallconference.com, the premier meeting place for interactive, hands-on exposure to learning tools and technologies.
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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