Softscape Maintains Steady Growth with Successful First-Half of 2006

Softscape, the industry pioneer in advanced people management technologies, today reported continued growth highlighted by a 19% increase in revenues over the first half of 2005. Growth is attributed to innovative product releases, ongoing industry recognition, and momentum across multiple global geographies.

Softscape has achieved a 33% CAGR over the past four years, with specific growth in EMEA and APAC markets. Many new Global 500 enterprise customers have accounted for Softscapeís EMEA sales to grow 24% YTD over 2005, and APAC sales to grow 10% over the same period. In addition, existing customers, including both enterprise and mid-market, continue to broaden their Softscape deployments across the companyís integrated human capital management (HCM) platform.

Flexible Technologies Drive Innovation
In February, Softscape launched Softscape Apex 2006 which continues to extend the boundaries of strategic and tactical HR functions in a single integrated and configurable platform. Softscape Apex 2006 features both new and enhanced functionality including: Workforce Planning, Talent Acquisition, Workforce Performance, Learning and Development, Enterprise Compensation, Workforce Collaboration, HR Management, Time and Expense, Surveys and Assessments, and Advanced Reporting and Analytics. In addition, the company introduced its latest version of Softscape CMX, the configuration toolkit that enables customers to easily modify and configure their HCM deployments.

Ongoing Industry Recognition
Softscape continues to garner recognition from industry authorities highlighting its unique approach to integrated people management. The company was recently cited as the only vendor offering a complete HR platform in the industryís most comprehensive Performance Management market study, conducted by Bersin and Associates. Softscape was also recognized as a leader in the 2006 Ventana Research Performance Management Vendor and Product Scorecard.

ìSoftscapeís success is rooted in the success of our customers,î said Dave Watkins, Softscape CEO and co-founder. ìOur precision focus on our customers is why we have invested so much in our localized operations around the world. Softscapeís history of innovation, dedication to customers, and growing global markets are the driving force for our continued momentum.î

Staff Expansion
Softscape plans to continue aggressive hiring over the next twelve months to further expand its global operations and support its growing customer base. Opportunities are available in many of the companyís offices including Boston, New York, Washington DC, Chicago, Burlingame, London, Hong Kong, and Bangkok.