Halogen Software Named as One of Ottawa’s Fastest Growing Companies 2007

Leading employee performance and talent management company experiences 124 percent profitable growth.

Halogen Software Inc., the provider of Web-based employee performance and talent management software announced today that it has been named as one of Ottawaís Fastest Growing Companies for 2007 by Ottawa Business Journal. The annual awards seek out and recognize privately-held companies that demonstrate strong growth and are profitable. All financials for this award are audited by independent third parties. Since developing its employee performance and talent management suite, Halogen has built a customer base of nearly 1000 organizations worldwide. The company has experienced 124 percent growth over the past two years and has been profitable over this time period.

We are very proud of our results,î said Paul Loucks, CEO and President, Halogen Software. ìOur profitability over this period of time demonstrates that we have not only achieved outstanding revenue growth, but we have also employed a sound and prosperous business model, a combination very few companies are able to achieve.

The second annual Ottawa Business Journal Fastest Growing Companies 2007 is a list of leading companies in the Ottawa market. Each company was evaluated and ranked based on percentage revenue growth between the first and third year of the most recently completed three year period. All companies must be cash-flow positive over this time period.