Cytiva today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 25th year. Cytiva was ranked 483.
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and
business managers involved in software and services purchasing.
The ranking is based on total worldwide software and services revenue for 2006. This includes revenues from software licenses, maintenance and support, training and software-related
services and consulting. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as
well as from public documents.
"The Software 500 helps CIOs, senior IT managers and IT staff research create the short list of business partners," says John P. Desmond, editor of Software Magazine and Softwaremag.com.
"It is a quick reference of vendor viability. That is content of value."
"We are proud to be included in the Software 500 for the second year in a row," said Jason Moreau, CEO of Cytiva. "The fact that our record revenue growth once again lands us on this
prestigious list of the world's foremost software companies is further validation of SonicRecruit's mission to provide world class recruiting software (http://www.sonicrecruit.com/utm_source=D2net&utm_medium=s500Release) with the world class price."
Go to www.myswmag.com to subscribe to digital Software Magazine and be among the first to see the 2007 Software 500. It is being released first in the
digital publication. The online Software 500 on Softwaremag.com to be posted at a later date, is searchable by primary business sector.
About Digital Software Magazine
Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 years. Softwaremag.com its Web counterpart, is the online catalog
to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 25th year. Software Magazine and Softwaremag.com are
owned and operated by King Content Co.
About Cytiva Software Inc.
Cytiva Software Inc. (CRX:TSX.V) provides innovative on-demand talent management software (http://www.sonicrecruit.com/utm_source=D2net&utm_medium=s500Release) and services to mid-sized and
Fortune 500 companies. Its flagship talent acquisition (http://www.sonicrecruit.com/utm_source=D2net&utm_medium=s500Release) product, SonicRecruit, allows
corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier applicant tracking (http://www.sonicrecruit.com/utm_source=D2net&utm_medium=s500Release) 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.