Tuesday, November 11, 2003

Halogen Software Announces Best Quarter Ever

Halogen Software Announces Best Quarter Ever

Halogen Software, the leading provider of web-based employee performance appraisal and 360-degree feedback software, today announced its best quarterly financial performance in the company's history. Halogen Software signed 26 new customers in the quarter.

OTTAWA (PRWEB) April 5, 2004

Halogen Software, the leading provider of web-based employee performance appraisal and 360-degree feedback software, today announced its best quarterly financial performance in the company's history. Halogen Software signed 26 new customers in the quarter.

Halogen Software sales continued its strong growth fueled primarily by their enterprise-class products Halogen eAppraisal™ and Halogen eAppraisal™ Healthcare. Additionally, the company has won a record number of new clients this quarter including Lee Enterprises, Spartan Distribution, First National Bank, American College of Radiology and Northern College. Halogen Software now has in excess of 75 Human Capital Management solution clients. The organization has also received orders for additional licenses from existing clients such as Vision Service Plan and Citizen Property Inc.

Halogen Software president, Paul Loucks, credited the sales momentum to state of the market and the fact that the software “works as advertised,” delivering real returns to happy customers.

“Within a month of purchasing Halogen eAppraisal, we completed our training and launched our web-based employee appraisals,” said Dave Potts, Director of Organization Performance for SAVVIS Communications. “We are extremely pleased with the ease of implementation of the software and the ability to customize it for our specific needs. We are expecting the time necessary to prepare and administer annual reviews to be cut by more than 50 percent.”

“Halogen Software’s first fiscal quarter in 2004 was extremely strong including 100 percent year over year license revenue growth", said Paul Loucks, President for Halogen Software. "In addition to our record quarter, we had several customers migrate from competitors to our solution validating our technology leadership position.”

About Halogen Software

Halogen Software Inc. provides web-based software that dramatically improves HR and line manager productivity for companies and departments with over 500 employees. Halogen was created in 2000, as a subsidiary of a successful consulting company. The company’s flagship product, Halogen eAppraisal™, was launched in 2002, representing more than 10 years of development, to automate the time-consuming employee appraisal process. Halogen eAppraisal™ Healthcare is the company’s newest offering, built with industry-specific capabilities for healthcare organizations to simplify the task of performing appraisals and meeting accreditation criteria. Halogen e360™ simplifies the administration of formal feedback procedures and offers sophisticated reporting. For more information on Halogen Software, please visit: http://www. halogensoftware. com (http://www. halogensoftware. com).

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