Management Pioneer Nuvosoft Inc. Acquired

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<p><b>Arlington, Va. &mdash; Feb. 21</b><br/>Plateau Systems, a provider of software for developing, managing and optimizing organizational talent, has acquired Nuvosoft Inc., a privately held provider of Web-based compensation management software. </p><p>By combining Plateau&rsquo;s learning, performance, career and succession capabilities with Nuvosoft&rsquo;s compensation planning and incentive management functionality, Plateau will deliver the industry&rsquo;s first best-in-class talent management solution.&nbsp; &nbsp;</p> <p>&ldquo;The strategic acquisition of Nuvosoft validates and underscores Plateau&rsquo;s ongoing commitment to delivering best-in-class talent management solutions,&rdquo; said Paul Sparta, Plateau chairman and CEO. &ldquo;By offering advanced compensation capabilities with our existing best-in-class learning, performance management and career and succession planning solutions, Plateau is providing organizations with a unified approach to developing, managing, rewarding and optimizing talent. </p><p>&quot;As we continue to deliver superior talent management solutions that can be deployed individually or as part of a full talent management suite, we enable current and prospective customers to future-proof and expand their investments in a way that makes sense for their organization.&rdquo;</p> <p>According to The Yankee Group, an industry research firm, the worldwide market for talent management solutions &mdash; which includes employee learning, performance, career and succession planning, compensation management and recruitment &mdash; is expected to surpass $2.3 billion in 2006, growing to more than $4.0 billion by 2009. </p><p>Yankee forecasts 19.6 percent growth in compensation management over the next four years, attributed to more performance-based compensation programs and the emerging pay-for-performance initiatives.<br/><br/>&ldquo;The ability to enable consistent, reliable and standardized compensation processes that are linked to key performance drivers of individual and organizational strategies can affect many facets of the business,&rdquo; said Jason Corsello, The Yankee group business and IT services director. &ldquo;Integrating a talent management vision&mdash;maintaining visibility, control and alignment of performance and compensation tied to business outcomes&mdash;has become critical to the success or failure of today&rsquo;s organizations.&rdquo;&nbsp;</p> <p>Global customers, including Nintendo, State Street Bank, BOSE and Lucent Technologies, are using Nuvosoft&rsquo;s award-winning solutions to facilitate compensation planning and incentive management across their organizations.</p> <p>Plateau Compensation will offer Nuvosoft&rsquo;s comprehensive compensation management capabilities as three integrated applications that also can be purchased individually.<br/><br/>Plateau Compensation is an advanced, flexible and intuitive compensation planning and management system that allows organizations to build, administer and update simple and complex, policy-based compensation plans in real time. </p><p>This inclusive, Web-based system allows compensation managers to implement state-of-the-art pay-for-performance programs that tie employee, group and division goals to company financials. </p><p>Plateau Compensation enables managers to easily and cost-effectively reward top performers and increase workforce productivity. </p>

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