Cytiva Software Inc. (CRX:CA) News

Oct. 1, 2009 (Filing Services Canada) -- Cytiva Software Inc. (CRX - TSX Venture, CRXFF - OTCBB_Pink_Sheets), today announced its inclusion on Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year.

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 2008. 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 and create the short list of business partners," said John P. Desmond, editor of Software Magazine and Softwaremag.com. "It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software."

"We are proud to be included in the Software 500 for the third time," said Jason Moreau, CEO of Cytiva. "In these economic times, the fact that our revenue growth once again lands us on this prestigious list of the world's foremost software companies is a testament to the strength of our products and our Software as a Service (SaaS) business model."

Go to www.myswmag.com to subscribe to digital Software Magazine and be among the first to see the 2009 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, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 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. 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 Software as a Service (SaaS) talent management software and services to mid-sized and Fortune 500 companies. Its flagship recruiting software product, SonicRecruit, allows corporations to screen applicants, automate recruiting departments, customize corporate career sites and hire great people. This premier applicant tracking software improves recruiting effectiveness, speeding up the hiring process and reducing cost per hire. Cytiva's SonicPerform employee performance evaluation software automates employee evaluations, aligns employees around key goals and encourages year round feedback. And, Cytiva's SonicOnboard onboarding solution helps organizations get their new hires productively contributing faster. For more information, visit http://www.sonicperrform.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.



Source: Cytiva Software Inc. (CRX - TSX-V) (CRXFF - Pink Sheets) http://www.careerexchange.com
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