Coast Capital Savings Selects SonicRecruit To Power
Hiring Efforts
SonicRecruit’s service, rapid implementation and ability to handle hourly and salaried hiring without customization cited as some of the key factors in signing Canada’s second-largest credit union
VANCOUVER, BC – April 11, 2007 – Cytiva Software Inc. (CRX:TSX.V), a leading provider of on-demand recruiting and talent management software solutions, today announced that Canada's second largest credit union, Coast Capital Savings, selected SonicRecruit to power its talent acquisition efforts, including hourly and salaried hiring and job board cross posting.
As Canada 's second largest credit union with 2,000 employees serving over 360,000 members across 49 branches, Coast Capital Savings has achieved impressive growth over the last several years by exceeding customer expectations. It's no surprise that they have also been recognized multiple times as one of Canada 's Top 50 Employers and as one of Canada 's Top 50 Best Managed Companies.
“SonicRecruit offers successful mid-sized organizations with multiple branches, like Coast Capital Savings, an effective way to manage the overwhelming number of resumes they receive across their locations,” said Jason Moreau , CEO of Cytiva. “Coast Capital Savings is one of a growing number of organizations that have selected SonicRecruit for its world-class talent acquisition tools, without the world-class price.”
“Our long-term vision is to serve communities across Canada and to be the first choice for financial services and products, financial planning advice, and solutions to financial challenges,” said Brenda Scott, Coast Capital Savings vice president for human resources.. “By partnering with SonicRecruit, we have a tool that will help us identify and hire the kind of service oriented employees to deliver our mission to provide simple financial help.”
SonicRecruit will be utilized to hire both hourly and salaried employees throughout Canada . The application will be hosted in Cytiva's secure facility in Burnaby , BC , to ensure the privacy of sensitive candidate data.
ABOUT COAST CAPITAL SAVINGS
Coast Capital Savings has $8.9 billion in assets, 360,000 members and 49 branches in the Lower Mainland and Vancouver Island . The credit union was the first full-service financial institution in Canada to introduce a free chequing account. Coast Capital Savings is Canada's second largest credit union, and is recognised as one of Canada's 50 Best Managed Companies, one of the 50 Best Employers in Canada, and was named the best corporate citizen in Canada's financial services industry by Imagine Canada.
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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