Performix Technologies Draws Global Audience for Second Annual User Conference


New Technologies Preview Enhanced Performance Management Capabilities; Clients Demonstrate Superior Results

BURLINGTON, Mass., Nov. 22 /PRNewswire/ -- Performix Technologies, the leader in employee performance management solutions, recently drew clients from across the globe to its second annual Client Council meeting. Held at the world-renown Park Plaza Hotel in Boston, clients from North America, Ireland, the United Kingdom, and South Africa attended to see previews of the latest technologies, engage in a return on investment panel, and exchange best practices in employee performance management.

New Technology Generated Excitement

Clients in attendance were treated to an advanced showing of the next generation of Performix technology, which brings together an enhanced architecture, new user interface, advanced scorecard techniques, and new capabilities. "Performix 4 will empower our customers to immediately realize the value of a comprehensive, soup-to-nuts performance management solution," said Bill Loconzolo, vice president of engineering at Performix. "The powerful datamart, open architecture and new development and recruiting modules combine into a powerful tool for both employee and manager to track, maintain, and enhance performance on a daily basis."

In the next thirty days, Performix will release Performix 4, the latest technology in employee performance management software. Performix 4 will fulfill the requirements of a comprehensive EPM solution: going beyond performance reporting and management to true performance optimization. Performance optimization is the process where companies expand their performance management methodologies throughout every department, to every employee, and through every process to create a performance culture that drives optimum results throughout the organization.

One of the latest innovations, Performix Development Manager, allows users to maintain course schedules and training approval processes, track individual employee performance both before and after participating in training-to measure the effectiveness of both trainers and training courseware. Development Manager also automates the administration of training courses and other development activities.

With the release of Performix Recruiting Manager, clients will now be able to get an accurate view of the quality of candidates, filter those candidates using competency measures based on current top performers, and monitor and improve the interview process ... all to ensure companies are hiring the right candidate for the right position.

Client Best Practices Showcased Significant Benefits

One highlight of the meeting was the return on investment (ROI) panel, featuring three Performix clients and their experiences implementing employee performance management solutions from Performix. Results from this panel highlighted increased productivity, optimized profit, enhanced customer experience, decreased administration costs, and an overall return on investment in less than five months. "This panel was a terrific showcase of what our clients can achieve by implementing performance management methodologies," said Conor Sheahan, CEO of Performix. "Our clients have consistently experienced record-breaking benefits with our software, but it's really a tribute to their ability to implement and maintain a culture of performance management."

"It was very interesting to hear the results that other clients have achieved with their Performix implementations," commented Louis Grills from The Co-operative Bank in the United Kingdom. "Our own very impressive results with the product have clearly been matched by other clients including those from outside financial services."

About Performix Technologies

With headquarters in Burlington, Massachusetts, and operations throughout North America, the U.K. and Ireland, Performix Technologies is a world leader in software and services for employee performance management. Performix products and value added services provide client solutions which achieve clear visibility and expectation of actual performance, then drive performance above expectation for specific business purposes. Performix Technologies clients include such industry leaders as AOL, The Co-operative Bank, ScottishPower, and Verizon Wireless. For more information visit http://www.performixtechnologies.com/.

Contact:
Performix Technologies
Kimberly Labow, 781.238.3542
klabow@performixtechnologies.com

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