Growing Number of Financial Services Organizations Turn to Halogen Employee Performance Management Suite to Address Industry Specific Challenges

Released on = November 27, 2006, 2:18 pm

Press Release Author = Halogen Software

Industry = Human Resources

Press Release Summary = Amerisure Mutual Insurance Company and Bank of Oak Ridge
join Halogen's 60 financial services customers

Press Release Body =
For Immediate Release

Growing Number of Financial Services Organizations Turn to Halogen Employee
Performance Management Suite to Address Industry Specific Challenges

Amerisure Mutual Insurance Company and Bank of Oak Ridge join Halogen\'s 60 financial
services customers

OTTAWA- November 20, 2006- Halogen Software Inc., the leading provider of Web-based
employee performance management (EPM) software announced today that Amerisure Mutual
Insurance Company and Bank of Oak Ridge (NASDAQ CM: BKOR) have joined the nearly 60
financial companies that are now realizing the many benefits of the easy-to-use
Halogen EPM suite. Human Resources (HR) professionals in the financial services
sector are faced with a number of unique challenges including regulatory compliance,
the distributed nature of employees and high turnover in customer-facing roles.
Halogen\'s EPM suite provides HR professionals with a practical and affordable means
to deliver professional employee appraisals, assessments and compensation
adjustments that align with organizational goals, while creating significant cost
savings and greater efficiency.

Financial services organizations are increasingly subject to both federal and state
regulations, which impact HR. The Halogen suite enables a rapidly growing number of
financial organizations to more easily achieve accreditation compliance, in part by
ensuring that compliance expectations are communicated to, understood by and adhered
to by all employees.

Founded in Farmington Hills, Michigan nearly a century ago, Amerisure Mutual
Insurance Company provides businesses with property and casualty insurance. The
organization was dissatisfied with its paper-based appraisal system, so with the
assistance of a consulting firm, narrowed a list of possible vendors. From that
list, Halogen stood out due to its sophisticated functionality and ease-of-use.

"Halogen provides our managers with a simple tool to monitor their groups and track
the percentage of completed appraisals. As the process evolves, HR has the means to
increase the contact and communication between employees and managers," said John
Clough, Director of Compensation and Benefits with Amerisure Mutual Insurance
Company. "This on-going and free communication gives us the ability to adjust
employee objectives as circumstances change in a department or in the organization."


Not only does the Halogen solution add value to the appraisal process, enabling
financial organizations to better communicate organizational needs and giving
managers a clear view of the progress of appraisals, the solution makes the whole
process easier and less time consuming for everyone. The Halogen suite removes
administrative tasks from HR and is quick and easy to learn, use and implement.

Bank of Oak Ridge, with offices located in Oak Ridge, Summerfield and Greensboro
North Carolina combines local decision making with big bank technology. The Bank has
earned a reputation as a high-quality financial services provider as a result of the
talent of its people and the relationships they build with customers. The Bank
struggled with the limitations of its out-dated appraisal system and began a search
that led it to Halogen.

"I wanted a system that would drive itself rather than requiring us to track the
process manually. The solution had to allow managers to concentrate on the content
of the review rather than the review process and we needed to be able to get it up
and running quickly," said Wanda Ladd, Director of HR with new financial customer
Bank of Oak Ridge. "The entire implementation process across our five locations went
very smoothly and quickly. It was incredible."

About Halogen Software
With nearly 600 customers, Halogen Software Inc. has established itself as the
leading provider of employee performance management (EPM) solutions. Founded in 2001
as a subsidiary of a successful consulting company, Halogen offers powerful,
easy-to-use, and affordable Web-based software that dramatically improves HR and
line-manager productivity. The company\'s flagship product, Halogen eAppraisalT,
automates and simplifies time-consuming employee appraisals. Halogen eAppraisalT
Healthcare, endorsed by the American Hospital Association, was created specifically
for the healthcare industry and helps to simplify the task of performing appraisals
and meeting accreditation criteria. Halogen e360T automates and simplifies formal
360-degree feedback procedures and offers sophisticated performance reporting.
Halogen eCompensationT automates the entire compensation adjustment process
including budget distribution and approval. Halogen eSuccessionT makes it simple and
affordable to get a best practices succession-planning program underway at your
organization. For further information please visit: http://www.halogensoftware.com/.

Media contacts
Donna Ronayne
VP, Marketing & Business Development
Halogen Software
T: 613-270-1011 x 320
E: dronayne@halogensoftware.com


Web Site = http://www.halogensoftware.com

Contact Details = Steven Reid
495 March Road
Ottawa , K2K 3G1
$$country

613-270-1011-254
sreid@halogensoftware.com
http://www.halogensoftware.com

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