http://www.synygy.com Synygy, an authority on sales performance management, is the largest provider of solutions for solving problems related to the management of sales compensation plans. en-us Copyright 2007 Synygy, Inc. All Rights Reserved. 5/9/2008 10:21:50 AM http://www.synygy.com/synygy/news/press_release.asp?doc_id=106 <p><strong>April 28, 2008 </strong>—Synygy, Inc., a recognized authority in sales performance management, today reported another period of revenue growth and profitability for the quarter ending March 31, 2008.</p> 4/28/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=105 <p><strong>April 25, 2008 </strong> – Synygy, Inc., a recognized authority on sales performance management, will host a live webcast Wednesday, April 30th at 2:00 PM EDT addressing the subject <em>Improving Sales Compensation Communications to Drive Desired Behaviors.</em></p> 4/25/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=104 <p><strong>April 1, 2008</strong>—Synygy, Inc., which has for over a decade hosted educational events focused on sales performance management and sales force effectiveness, today announced that limited space remains for the spring Synygy Sales Performance Conference. The event´s expanded focus on the emerging field of sales operations has proven to be particularly attractive for registrants.</p> 4/1/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=103 <p><strong>March 20, 2008</strong>—Synygy, Inc., a recognized authority in sales performance management, announces the release of the spring edition of <em>SYNYGY Sales Performance Magazine</em>. This latest issue, available at <a href="http://www.synygymagazine.com/">www.synygymagazine.com</a>, focuses on effectively managing sales performance amidst constant change and how clear communication can be the binding agent that ensures success.</p> 3/19/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=102 <p><strong>March 18, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, today announced the speakers for its next sales operations webcast, entitled <em> Using Modeling to Assess the Impact of Sales Compensation Plan Changes Before Rollout to the Sales Force. </em>The live, online event taking place on Wednesday, April 2nd at two o´clock (Eastern Time) will include presentations from GlaxoSmithKline and Lincoln Financial Group.</p> 3/18/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=101 <p><strong>March 3, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, announced today that an external security audit firm has validated with a positive report that Synygy adheres to Open Web Application Security Project (OWASP) standards in its software development, hosting, and process management activities.</p> 2/29/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=100 <p><strong>February 27, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, will hold a live webcast on March 5 th at 2PM ET addressing the subject <em>Ensuring Alignment of Strategy and Sales Compensation Plans: Assessing the Impact of Strategic Misalignment.</em></p> 2/27/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=99 <p><strong>February 20, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, announced today that it has been certified by the U.S. Department of Commerce as compliant with the United States-European Union (EU) Safe Harbor Framework. The Safe Harbor Framework was developed by the U.S. Department of Commerce and the European Commission to ensure the privacy and security of personal data originating in EU member countries.</p> 2/20/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=98 <p><strong>February 7, 2008 </strong>— Synygy Inc, a recognized authority on sales performance management, was selected as winner of the “Excellence in Human Resources through Technology” Award by the Asia-Pacific Human Resources Management Congress. The award was given for the applicant tracking and recruiting module of Synygy´s sales force talent management solution, an on-demand software application designed to address the costly universal hiring and on-boarding problems and inefficiencies that permeate large sales organizations. </p> 2/7/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=97 <p><strong>February 5, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, today announced that it is hosting an educational forum on information security on Thursday, February 7, from 10AM to noon, at its Chester, Pa., headquarters. The session, <em>“</em>Information Security: Seven Immutable Truths,<em>” </em>is co-sponsored by the Innovative Technology Action Group (ITAG), and Allied InfoSecurity Systems.</p> 2/5/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=96 <p><strong>February 1, 2008 </strong>— On the heels of the company´s strongest year in its seventeen year history, Mark A. Stiffler, president, CEO, and founder of Synygy Inc., a recognized authority on sales performance management, was elected to the Philadelphia 100 ® Hall of Fame, in recognition of his leading his company to steady, continued growth, and ongoing innovation. </p> 1/31/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=95 <p><strong>January 28, 2008 </strong>—Synygy Inc., an authority on sales performance management, celebrated its seventeenth year in business and announced that the company is in the strongest financial position in its history. Going into 2008, as a result of Synygy´s subscription-oriented business model, the company´s financial position is the most resilient it has ever been:</p> 1/29/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=94 <p><strong>January 25, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, announced today that it has successfully undergone an independent SAS70 Type II level examination and certification of the company&acute;s internal controls and processes—the first and only provider of sales compensation and sales performance management solutions to receive such certification of its software hosting services, process management services, and internal controls.</p> 1/25/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=93 <p><strong>January 17, 2008</strong> – Synygy, Inc., a recognized authority on sales performance management, announces the kickoff of its 2008 Executive Education Series with a set of panel discussions focused on helping companies benchmark their processes against industry best practices in the areas of sales performance and sales compensation management.</p> 1/17/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=92 <p><strong>January 10, 2008</strong> – Synygy, Inc. today announced the introduction of Synygy On-Demand Development Services to meet the growing need for fully outsourced, staff-augmented, or parallel path software product development services. With these new services, companies can leverage Synygy&acute;s global software development and software hosting expertise to more rapidly and cost-effectively get on-demand or software-as-service solutions to market.</p> 1/10/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=91 <p align="left"><strong>January 3, 2008 </strong> — Hundreds of sales and sales operations executives responsible for direct and indirect sales channels will join thought leaders in Florida next spring at the SYNYGY SALES PERFORMANCE CONFERENCE, to be held April 14-16, 2008 at the Omni Orlando Resort at ChampionsGate. Registration is now underway at <a href="http://www.salesperformanceconference.com/">www.salesperformanceconference.com </a>.</p> 1/2/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=90 <p><strong>January 2, 2008 </strong> —Synygy, Inc., a recognized authority in sales performance management, announces the release of the winter edition of <em>Synygy Magazine</em>. This latest issue, also available online at <a href="http://www.synygymagazine.com/">www.synygymagazine.com</a>, focuses on how sales and sales operations executives can best lead their organizations in the midst of sales strategy changes.</p> 1/2/2008 http://www.synygy.com/synygy/news/press_release.asp?doc_id=89 <p><strong>December 21, 2007</strong> – Synygy Inc. capped its “Season of Giving” this week with a donation of $4,000 worth of computer and audio visual equipment to the Main Street Elementary School in Chester, Pa. The gift was funded by redirecting dollars earmarked for its corporate clients´ holiday gifts and transforming them into long-term learning tools for Chester community children. The initiative is part of Synygy´s global social responsibility program.</p> 12/21/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=88 <p><strong>December 20, 2007</strong> – Synygy Inc., a recognized authority in sales performance management, today announced the introduction of Synygy Business Continuity Services. Meeting the growing demand from large organizations for highly secure, scalable, and flexible data center services, Synygy Business Continuity Services offers companies a means for ensuring data access and business connectivity and having cost-effective back-up and storage capabilities.</p> 12/19/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=87 <p><strong>December 19, 2007 </strong>—Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today shared president and CEO Mark A. Stiffler´s trends forecast for sales organization effectiveness in 2008.</p> 12/19/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=86 <p><strong>December 12, 2007</strong> – Synygy Inc., a recognized authority in sales performance management, today announced the successful roll out of Synygy Portal™, the latest of a series of new on-demand, software-as-a-service solutions for large sales organizations. Synygy Portal is a web-native application offering salespeople, sales managers, and sales executives integrated functionality to manage sales quotas, sales objectives, sales compensation, sales performance, and sales reporting and analysis.</p> 12/12/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=85 <p><strong>December 10, 2007</strong> – A joint study just released by Synygy Inc., a recognized authority in sales performance management, and Gupton Marrs International, a leader in innovative approaches to performance and risk management, finds that, Sarbanes-Oxley Act notwithstanding, companies still need to assess the financial controls in place within their sales organizations.</p> 12/10/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=84 <p><strong>December 3, 2007 </strong>—Synygy, Inc., a recognized authority in sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced the appointment of James D´Arcangelo as vice president of Marketing.</p> 12/3/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=83 <p><strong>December 3, 2007</strong> —Synygy, Inc., a recognized authority in sales performance management, announces the release of the fall edition of <em>Synygy Magazine </em>. This latest issue, available online at <a href="http://www.synygymagazine.com/">www.synygymagazine.com </a>, emphasizes effective performance analysis metrics and measurement as fundamental and necessary process outputs critical to any business´s survival, much less success or goal attainment.</p> 12/3/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=82 <p><strong>November 6, 2007 </strong>– Synygy, Inc., a recognized authority on sales performance management, today announced the availability of a new free on-demand web cast on solving problems related to sales compensation management: <em>Five Tips for Using Modeling to Eliminate the Unexpected from Sales Compensation Plans </em>. </p> 11/5/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=81 <p><strong>1 November, 2007 </strong>— Synygy, a recognized authority in sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced that its operation in India was named ´a most exciting emerging company to work for´ in a recent NASSCOM Exciting Emerging Companies (EEC) survey of IT-BPO companies. </p> 11/5/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=80 <p><strong>October 31, 2007 </strong>—Synygy, Inc., a recognized authority in sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today reported another period of profitable results for the quarter ending September 30, 2007.</p> 10/31/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=79 <p><strong>September 5, 2007 </strong>– Synygy, Inc., a recognized authority on sales performance management, announces the on-demand availability of “ Five Tips for Ensuring Strategic Alignment of Sales Compensation Plans,” the first in a seven-part Executive Education web cast series on solving problems related to sales compensation management. </p> 9/5/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=78 <p><strong> </strong><strong>August 27, 2007 </strong>—Synygy, Inc., the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced the results of a security assessment conducted by Allied InfoSecurity. The independent audit of Synygy´s software-as-a-service offering found consistently high levels of security and resistance to penetration. </p> 8/27/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=77 <strong>August 8, 2007 </strong>—Synygy Inc. today announced that it received a “Positive” rating in Gartner’s “MarketScope for Sales Incentive Compensation Management Software, 2007.” ¹Synygy was one of 11 vendors evaluated in the report. 8/8/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=76 <strong>August 3, 2007 </strong>—Synygy, Inc., a recognized authority in sales performance management, announces the release of the summer edition of Synygy Magazine. 8/3/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=75 <strong>August 2, 2007 </strong>—Synygy, Inc., a recognized authority in sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today reported business results for the period ending June 30, 2007. 8/2/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=74 <strong>July 25, 2007 </strong>—Sales executives and other corporate leaders will be meeting at the Loew´s Philadelphia Hotel from October 15 to 17 for THE SALES PERFORMANCE CONFERENCE—hosted by Synygy, a recognized authority in sales performance management. 7/24/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=73 <strong>May 9, 2007 </strong>—Synygy, Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today reported another solid growth period for the quarter ending March 31, 2007. 5/9/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=72 <strong>March 27, 2007 </strong>—Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced the promotion of Jeff Evernham to the newly created position of vice president of Worldwide Client Services. 3/27/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=71 <strong>February 5, 2007 </strong>—Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced that for the year ending December 31, 2006 it experienced its best performance in the 16-year history of the company. 2/2/2007 http://www.synygy.com/synygy/news/press_release.asp?doc_id=70 <strong>December 18, 2006 </strong>—Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced that Scott Cawood has joined Synygy as vice president, Worldwide Human Resources. 12/19/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=69 <strong>November 21, 2006 </strong>— Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced that Chetan J. Shah has been appointed to chief technology officer (CTO). 11/21/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=68 <strong>November 21, 2006 </strong>—Synygy Inc., an authority on sales performance management and the largest provider of solutions for solving problems related to the management of sales compensation plans, today announced the appointment of Lawrence P. Novacich to the newly created position of chief operating officer (COO). 11/21/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=67 <strong>November 15, 2006 </strong>— Synygy Inc. announced today that THE SALES PERFORMANCE CONFERENCE will next take place April 16-18, 2007 in Scottsdale, Arizona at the Scottsdale Resort and Conference Center. 11/15/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=66 <strong>November 13, 2006 </strong>— Synygy today announced that it achieved record performance for the quarter ending September 30, 2006. "Synygy´s accelerating success is driven by a proven, unique ability to solve sales compensation management problems faced by large companies with over 1,000 salespeople, brokers, or agents," said Mark A. Stiffler, president & CEO of Synygy. 11/13/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=65 <strong>August 15, 2006 </strong>— Synygy today announced that it received a “Positive” rating in Gartner’s “MarketScope for Sales Incentive Compensation Management Software, 2006,” the highest rating given in the report. 8/15/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=64 <strong>August 7, 2006 </strong>— Synygy today announced that it achieved continued strong financial performance for the quarter ending June 30, 2006. 8/7/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=63 <strong>June 14, 2006 </strong>— Companies today are wasting millions of dollars on sales compensation plans that aren´t aligned with their overall business strategy and therefore drive the wrong behaviors and pay for things that have no impact on their success. On June 20, at 2 pm Eastern time, Synygy will host a webcast to kick off a new Executive Education Series.</p> 6/14/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=62 <p><b>May 9, 2006 </span></b>— Synygy today announced that it has achieved record financial performance for the quarter ending March 31, 2006. “Our key measure of financial performance is growth in subscription fees, which was up 74% over the same quarter last year,” said Mark A. Stiffler, president & CEO of Synygy.</p> 5/9/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=60 <p><b>April 4, 2006 </b>— Synygy today announced the promotion of Kenneth Bjorkelo, James Castello, Amit Gupta, and Chethan Prabhu to the position of managing director. These promotions reflect the growth of Synygy’s professional services group and doubles Synygy’s capacity to manage the growing demand for its implementation, plan management outsourcing, and other services. </p> 4/4/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=59 <p><b>March 22, 2006 </span></b>— Rich in practical advice, PERFORMANCE: Creating the Performance-Driven Organization (John Wiley & Sons; March 2006; $45.00) provides a practical framework for rethinking what performance management is and how it can be used to better execute strategy. 3/22/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=58 <p><b>February 20, 2006 </span></b>—Synygy which has for over a decade hosted educational conferences focused on incentive compensation, performance management, and sales effectiveness, today announced that limited space remains for its newest event, The Performance Conference. Many Synygy-sponsored conferences have sold out in the past.</p> 2/16/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=57 <p><b>February 14, 2006 </span></b>— Synygy today announced the promotion of Anil Chouhan to vice president, international sales. Mr. Chouhan´s appointment demonstrates Synygy’s commitment to global expansion, particularly in Europe, Southeast Asia, and Australia. </p> 2/13/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=56 <p class="style1"><strong>January 24, 2006 </strong>— Synygy today announced that it has successfully completed its fifteenth year in business, marked by a yearlong transition to a subscription-only pricing model. Because of this shift, Synygy began 2006 with a base of recurring revenue under contract that equaled 75 percent of total 2005 revenue. </p> 1/23/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=55 <p><strong>January 17, 2006 </strong>— Synygy today announced a new service to help companies transform the processes surrounding the management of their pay-for-performance and incentive compensation plans. At a cost of less than 10% of a full-blown incentive compensation management solution, Synygy´s plan management process assessment identifies problems that are limiting the effectiveness of an organization´s incentive compensation plans and recommends steps that companies can take to solve their incentive compensation management problems. </p> 1/16/2006 http://www.synygy.com/synygy/news/press_release.asp?doc_id=45 <strong>November 7, 2005 — </strong>Synygy today announced that for the period ending September 30, 2005, the company achieved yet another quarter of profitable growth. During the quarter, several important milestones occurred: Synygy´s largest-ever client went live—in record time; Synygy beat out Siebel to win a client that purchased an integrated set of Synygy´s incentive compensation, objectives, and quotas management solutions; and Synygy signed a groundbreaking “insourcing” deal with a long-time client to take over management of its plans using Synygy software already on-premise. </p> 11/7/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=44 <p class="style1"><strong>September 26, 2005 </strong>— Synygy today announced that it is eliminating all software license fees for new clients that previously purchased and attempted to implement a competitor´s enterprise incentive management (EIM) software. </p> 9/26/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=43 <p><span class="style1"><strong>August 1, 2005—</strong>Synygy, Inc., the largest provider of Enterprise Incentive Management (EIM) solutions, today announced that for the period ending June 30, 2005, the company achieved its 53rd consecutive quarter of profitability. Synygy sold nearly $4 million in new business this past quarter. Synygy also saw its base of recurring revenue grow as a result of a change in pricing from up-front license fees back to subscription fees and an increase in the demand for its hosted software-as-a-service and managed services solutions. </p> 8/2/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=42 <p><span class="style1"><strong>July 19, 2005 </strong>—Synygy Inc. today announced that CIGNA, one of the nation´s largest providers of employee benefits products and services, is using Synygy´s hosted software-as-a-service solution to manage the incentive compensation plans for its Group Insurance division. The software was successfully configured in four months, adding to Synygy´s long track record of EIM implementations completed in between three and six months. </span></p> 7/18/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=41 <p><span class="style1"><strong>June 27, 2005 </strong>—As part of the move today to its new Chester, Pa.-based world headquarters, Synygy Inc., the largest provider of Enterprise Incentive Management (EIM) solutions, unveiled its new 5000 square foot data center. Synygy also announced new subscription pricing with a starting rate that is the lowest in the industry. </span></p> 6/24/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=40 <p><span class="style1"><strong>June 27, 2005 </strong>—Synygy, Inc. opened for business at its new world headquarters in Chester, Pennsylvania this morning. The event is a major milestone in the revitalization of the City of Chester and a significant move for Synygy, the largest provider of Enterprise Incentive Management (EIM) solutions and a 15-year fixture in the Philadelphia business community. </span></p> 6/24/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=39 <strong>May 23, 2005 </strong>—Only a few spaces remain for the 2005 Sales ffectiveness Conference, to be held June 7 and 8 at The Drake Hotel in Chicago. The nearly sold out event will bring h undreds of senior-level sales executives and world-class sales experts together for the annual conference and expo. 5/23/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=38 <strong>May 4, 2005—</strong>Synygy, Inc., the largest provider of Enterprise Incentive Management (EIM) solutions, today announced that it had achieved its 52nd consecutive quarter of success for the period ending March 31, 2005, with profits nearly doubling over the prior quarter. The first quarter of this year also saw Synygy sign the largest EIM deal ever signed by any company—a $12 million dollar three-year managed services contract. </p> 5/2/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=37 <strong>March 9, 2005—</strong>Fujisawa Healthcare, Inc. was named today as the first-ever recipient of the Innovation in Performance Management Award in a ceremony at the annual Synygy-sponsored Performance Management Conference & Expo in Phoenix. Fujisawa, which develops, manufactures, and markets proprietary pharmaceutical products, was chosen for its success in implementing a performance management program to align resources around three core areas that drove sales performance for Fujisawa: selling skills, sales planning and implementation, and customer management. 3/4/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=36 <strong>March 8, 2005—</strong>Global market research and consulting firm The Yankee Group yesterday released a report on the Workforce Lifecycle Management (WLM) market, which identifies Synygy as one of the "thought leaders." The report indicates that Synygy is well-positioned for market share gain and rapid adoption of its solution. 3/4/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=35 <strong>February 14, 2005—</strong>The latest issue of <em>Synygy Magazine </em> shows how companies have successfully deployed performance management solutions to improve the execution of corporate strategy dramatically. Linking employee pay to performance is one key to effective performance management. John Roulat, vice president of information systems, North America, for the leading optics manufacturer Carl Zeiss, knows this first hand. 2/14/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=34 <strong>February 7, 2005—</strong>Hundreds of executives from around the world will soon gather to make sense out of the alphabet soup of “fill in the blank” performance management solutions proliferating the marketplace. Using real-world case studies and hands-on workshops, experts will show participants at the annual Performance Management Conference & Expo how to roll out performance management initiatives successfully. 2/7/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=33 <strong>February 1, 2005 </strong>—Revenue continued to grow in 2004, with the largest growth occurring in implementation services, which nearly doubled versus the prior year as a result of software implementations with new clients and maintenance of plan changes for an expanded client base. Net profit rose 21 percent. Cash generated by operating activities increased 28 percent. This sustained level of financial performance marks privately held Synygy´s 14th consecutive year of revenue growth and profitability. 1/31/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=32 <strong>January 18, 2005 </strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced the availability of version 10.8 of its Enterprise Incentive Management (EIM) software. This newest version of its award-winning software boasts greater performance, expanded scalability, significant increase in report processing speed, and enhanced integration capabilities. </p> 1/17/2005 http://www.synygy.com/synygy/news/press_release.asp?doc_id=31 <strong>Conshohocken, PA, November 16, 2004 </strong>—Kimberly Harris, Research Director at Gartner, recently attended a roundtable discussion for financial service providers, including insurance carriers and banks, at the Synygy sponsored Incentive Compensation Conference & Expo. Best practices around compensation and rewards were identified by participants and Gartner that contributed to a report titled <em>“Best Practices Improve Incentive and Compensation Processes.” </em>Harris concluded that “Financial services providers must develop new strategies targeted at producer retention, referral management and plan change maintenance. The use of incentive and compensation management software, combined with strategy modification, will support compensation transformation. This will be required for business success in the highly competitive financial services marketplace.” </p> 11/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=30 <strong>Conshohocken, PA, November 1, 2004 </strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations , today announced the launch of the "Innovation in Performance Management Awards," a new awards program to honor those companies that have undertaken innovative approaches to driving, measuring, rewarding, reporting, and analyzing performance within their organizations. 11/1/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=29 <strong>Conshohocken, PA, October 25, 2004 </strong>—The second issue of the new <em>Synygy Magazine </em> demonstrates the value that financial services organizations and others are seeing from the use of Enterprise Incentive Management (EIM) and Performance Management solutions. The magazine´s cover story features Wayne Klieger of Alliance Capital, discussing how his company is making significant improvements through the use of EIM software. 10/25/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=28 <strong>Conshohocken, PA, October 19, 2004 </strong>— Synygy announced its 50th consecutive quarter of profitable revenue growth in the quarter ended September 30, 2004. “Synygy has become a global company with employees and clients around the world and strong relationships with more than a dozen consulting, implementation, and outsourcing partners worldwide,” said Mark A. Stiffler, president and CEO of Synygy. 10/19/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=27 <strong>Conshohocken, PA, September 28, 2004</strong>—Hundreds of incentive compensation experts and leaders from around the world will meet on October 11-13, 2004 at the luxurious JW Marriott Orlando, Grande Lakes, in Orlando, FL for the annual Incentive Compensation Conference & Expo.<p> 9/28/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=25 <strong>Conshohocken, PA, August 9, 2004 </strong>—Synygy and Compensation Technologies today announced that they will be co-hosting an important web seminar, " Driving Sales Effectiveness: What Sales Executives Should Expect from Sales Operations," this Wednesday, August 11, 2004, at 2:00 pm Eastern. </p> 8/6/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=24 <strong>Conshohocken, PA, August 11, 2004— </strong>META´s John Van Decker writes that EIM not only helps public companies address SOX requirements, but gives them a competitive edge: "Enterprise incentive management processes for business applications may be an important compliance tool for organizations in which incentive compensation affects a material part of the income statement. Still, opportunities in EIM beyond compliance are significant and may provide a competitive advantage." 8/5/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=23 <strong>Conshohocken, PA, August 4, 2004</strong>—"We went through an extensive search and evaluated all the major EIM providers," said Karin Borchert, chief product officer of Factiva.  "Synygy clearly had the right solution for handling our incentive compensation plans.  We were impressed with its ability to integrate and the simplicity of its interface." 8/2/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=22 <strong>Conshohocken, PA, July 21, 2004 </strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced its 49th consecutive quarter of profitable revenue growth in the quarter ended June 30, 2004. Software l icensing revenue in the second quarter more than tripled over the same quarter last year, while implementation services revenue more than doubled. Competitive wins against other EIM solution providers are accelerating Synygy´s growth, with deal volume in the first half of 2004 more than double the same period in 2003. 7/14/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=21 <strong>Conshohocken, PA, June 29, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced a formal partnership agreement with Fathom Solutions LLC., an award-winning systems integration and consulting organization headquartered in Chicago. 6/25/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=20 <strong>Conshohocken, PA, January 12, 2004</strong>—Noted computer industry advisory firm Giga Research, a wholly owned subsidiary of Forrester Research, Inc., released a report that highlights the fast growth seen in the use of Enterprise Incentive Management (EIM) solutions and software. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=19 <strong>Conshohocken, PA, January 20, 2004</strong>—Synygy, Inc., a provider of software and services for creating performance-driven organizations, today announced the availability of the latest version of its web-based objectives management software, enabling companies to manage the process of defining strategic objectives and cascading goals down into the workforce. Now, organizations can make strategy execution everyone’s responsibility. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=18 <strong> Conshohocken, PA, January 23, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced its 47th consecutive quarter of profitable revenue growth in the quarter ended December 31, 2003. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=17 <strong>Conshohocken, PA, January 27, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced a formal partnership agreement with CellarStone, Inc., one of the most experienced Enterprise Incentive Management (EIM) implementation services firms in the market. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=16 <strong>Conshohocken, PA, February 11, 2004</strong>-Experts and executives from companies around the world will soon understand that "Breaking the Performance Management Paradigm" requires that high-level strategy be linked to the actions of employees and stakeholders at all levels and all facets of the organization. The only event of its kind, the Performance Management Conference is to be held on March 22-24, 2004 at the beautiful Pointe Hilton Squaw Peak Resort in Phoenix, AZ. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=15 <strong> Conshohocken, PA, March 3, 2004</strong>-Synygy Inc., provider of software and solutions for building the performance-driven enterprise, today announced that Robert J. Lis, 36, has been promoted to Vice President, Channels and Alliances. He reports to John Buie, Executive Vice President, Sales. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=14 <strong> Conshohocken, PA., March 31, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today revealed another EIM industry first. After test-marketing a money-back guarantee on professional services with certain clients over the past year, Synygy has created a new, expanded money-back guarantee that it will provide to all new clients. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=13 <strong>Horsham, PA - April 12, 2004</strong>—Philadelphia-based Synygy, Inc., provider of software and services to create the performance-driven organization and one of the fastest growing privately held companies in the U.S., today announced the launch of <strong><em>Synygy – The Performance Management Magazine. </em></strong>The premiere issue will debut at the Synygy-sponsored Sales Effectiveness Conference at Loews Hotel, Philadelphia, PA, June 8-9, 2004. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=12 <strong>Conshohocken, PA, April 14, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced its 48th consecutive quarter of profitable revenue growth in the quarter ended March 31, 2004. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=11 <strong>SAN FRANCISCO, Calif., April 21, 2004</strong>—Salesforce.com®, the global leader in customer relationship management (CRM) services, and Synygy Inc., a provider of solutions for creating the performance-driven enterprise, today announced a strategic agreement to integrate salesforce.com with Synygy’s hosted Enterprise Incentive Management (EIM) and quotas management solutions, creating a comprehensive sales automation and sales incentive compensation management service delivered on demand—without software. As part of the alliance, the companies will promote the joint offering to their combined customer base. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=10 <strong>Conshohocken, PA, April 21, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced the availability for immediate delivery of its new referrals management solution. For the first time, companies now have an enterprise-wide view of all their referral programs across all lines of business, encouraging employees to refer customers and non-customers to others in the company for the sale of additional products or services. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=9 <strong>Conshocken, PA, May 24, 2004</strong>—Incentive compensation represents ten percent of the total payroll cost in the U.S. Yet even the largest companies muddle along, managing their incentive compensation plans using spreadsheets, manual systems, or custom-built applications so old that they are barely functional. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=8 <strong>Conshohocken, PA, June 2, 2004</strong>—The META Group, a leading market research firm, recently completed a multi-client study about Workforce Management (WFM) and found that Performance Management was among the top priorities for buyers of WFM solutions. The study examined 13 categories of WFM and examined the user perceptions of the vendors and service providers in this market. More than 252 respondents rated the vendors, from which META developed a vendor attraction index. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=7 <strong>Conshohocken, PA, June 15, 2004</strong>&#8212;Synygy Inc., a provider of software and services for creating performance-driven organizations, today announced that Gartner Inc., the leading provider of research and analysis on the global IT industry, released its first detailed Vendor Rating report on Synygy. The report titled “Vendor Rating : Synygy”, authored by Joe Galvin on 28 May 2004, can be found at <a href="http://www.gartner.com/" target="_blank">www.gartner.com</a>.<br> Synygy’s overall rating was Positive. 6/15/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=6 <strong>Conshohocken, PA., June 9, 2004</strong>—According to an article published this week in the premiere issue of <em>Synygy </em> magazine, now is the time when companies should start thinking about setting quotes for 2005, according to advice from Synygy, a provider of software and services for creating the performance-driven enterprise, and consulting firm Watson Wyatt Worldwide. 6/13/2004 http://www.synygy.com/synygy/news/press_release.asp?doc_id=5 <strong>Conshohocken, PA & Burlington, MA, April 27, 2004</strong>—Synygy Inc., a provider of software and services for creating performance-driven organizations, and Cognos (Nasdaq: COGN ; TSX: CSN), the world leader in business intelligence (BI) and corporate performance management, today announced a global alliance to deliver comprehensive pay-for-performance, Enterprise Incentive Management (EIM), and corporate performance management solutions. http://www.synygy.com/synygy/news/press_release.asp?doc_id=2 <strong>Conshohocken, PA, </strong><strong>May 4, 2004—</strong>Sales effectiveness can make or break a company. Even the smallest change in the effectiveness of the Sales department can have a profound effect on the overall success of the company.