Halogen Closes Third Quarter with Sustained, Outstanding Growth

Talent Management Leader maintains industry leading growth in annual recurring revenue, garners recognition from customers and analysts for superior customer satisfaction

Halogen Software wrapped up its third quarter of 2010 with significant market momentum and a 38% increase in annual recurring revenue, placing it among the leaders in growth, in the fiercely competitive talent management market. The company also saw a considerable increase in customer wins over its biggest competitors, and received special recognition in industry research on customer satisfaction with talent management vendors.

Halogen sustained strong uptake of its vertical industry solutions in the quarter, across healthcare, manufacturing, education, public sector, hospitality, professional and financial services sectors. Some of the organizations Halogen added to its customer roster include: Atlas Air Worldwide, Avecia Biotechnology, Baltimore Life Insurance, Fremont Area Medical Center, HMSHost Corporation, IMAX Corporation, LinkedIn Corporation, Macadamian Technologies, McCullough-Hyde Memorial Hospital, Pittsburgh Corning Corporation, Sacramento Municipal Utility District, San Diego Housing Commission, State College of Florida, State of Wyoming, The Forum Corporation, and U.S. Court Services.

In September Halogen received special recognition at the HR Technology Conference where leading industry analyst firm Bersin & Associates released its preliminary findings in talent management customer satisfaction for 2010. For the second consecutive year, Halogen was named the leader in customer satisfaction among 16 talent management vendors. In addition to delivering market leading products and services, the organization’s commitment to customer satisfaction continues to be a critical factor in winning new business, and high customer retention rates.

“As a company with growing operations and a geographically dispersed team, we needed a solution that could centralize our employee performance management to help unify and support our corporate goals,” said Virginie Bastien, Manager, Human Resources, Macadamian Technologies. “We knew from the start that Halogen was going to be an excellent partner for us – the voice of their customers is evident in everything they do – and they put our business goals first. Our entire experience from the initial sales process to working with their training and implementation team has been fantastic.”

Other Third Quarter Highlights:

  • Hundreds of Halogen customers participated in its 5th Annual User Conference. Attendees enjoyed two days of in-depth training and education on Halogen’s strategic talent management offerings, and the real world business benefits experienced by customers in implementing Halogen solutions.
  • Version 10 of Halogen’s Talent Management Suite began shipping in the quarter and the company has seen marked demand for this latest version, which features a new user experience and the introduction of its latest module – Job Description Builder™.
  • The company further enhanced its vertical industry leadership, introducing two new market specific solutions – developed to address the unique talent management needs of public sector institutions and hospitality organizations.

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, job descriptions and learning management. Halogen’s offering makes HR best-practices accessible to companies of all sizes and its healthcare, education, manufacturing, public sector, hospitality, financial services and professional services 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, 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.

Media contact:

Maggie Patterson
PR Consultant, Halogen Software
T: 613-989-1866
E: mpatterson@ripnet.com