OTTAWA — May 05, 2010 — Halogen Software Inc., a leading provider of on-line talent management software today announced it has closed its best ever first quarter, breaking preceding Q1 records in both revenue and new customer wins. Halogen achieved its best ever first quarter revenue, a total that includes a 100% increase in new annual recurring revenue over Q1 2009. This strong growth is built on a foundation of record new customer wins, an increase of 80% over the same quarter in 2009.
Among the many new customers that joined Halogen in the first quarter are leading mid-market organizations from healthcare, manufacturing, professional services, financial services, education and public sector institutions including: Atlas Pipeline Mid-Continent, Bernard Robinson & Company, BJC Health System, CommonHealth, CSRS, Earl Industries, Hollingsworth Logistics Group, Ktunaxa Nation, L-3 Fuzing & Ordinance System, Mammoth Hospital, OCCI, Oncology Nursing Society, Rust Consulting, SDC Technologies, and The William and Flora Hewlett Foundation.
“We are confident that our adoption of Halogen’s talent management solutions will positively impact our business,” said Barb Wolstoncroft, VP of Support Services with 1st Choice Savings & Credit Union. “Since the beginning, working with Halogen has been a first-class experience. The team’s certain to succeed approach to getting us up and running shows they are dedicated to our organization’s success.”
This level of service, support and commitment to providing the best possible customer experience is one of the reasons for Halogen’s superior growth against other talent management vendors. A world class customer experience is also the promise of Halogen’s 5th annual User Conference this September, which recently opened for early registration and customer speaking submissions. Halogen customers in the northeastern US also established the company’s new Healthcare User Group this quarter, providing an opportunity for peers in the industry to meet, discuss and exchange innovative uses for Halogen’s talent management solutions.
In March, Halogen was recognized as a 2010 Learning Leader in the “Vendor Innovation” category by Bersin & Associates, a leading research and advisory services firm in learning and talent management. Halogen’s eLearning Manager solution was lauded for its tight integration of learning with key talent management functions.
“We appreciate the value of bringing together learning and performance management,” said Veronica Morgan-McHenry, Director of Partner Alliances & Professional Development with Intelligent Decisions. “Halogen eLM will enable us to achieve this integration. It enables us to use one system to link and track employee performance and learning, providing our executives with greater insight into important metrics.”
About Halogen Software
Halogen Software is recognized as a market leader by industry analysts and is strongly endorsed by the thousands of HR professionals who use their talent management solutions. The company offers a complete suite of web-based products that automate, simplify and integrate performance appraisals, 360 degree feedback, compensation management, succession planning and learning management. Halogen’s offering makes HR best-practices accessible to companies of all sizes and its healthcare, financial services, professional services and education specific suites meet the unique needs of these industries. Halogen is consistently recognized by the industry and its customers for its exceptional implementation and support services. Halogen was named a leader in Gartner’s Magic Quadrant for employee performance management software in 2009 and has won multiple awards for its corporate leadership and product innovation, including HR Technology Product of the Year. For more information, visit www.halogensoftware.com.
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Maggie Patterson
PR Consultant, Halogen Software
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