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The merger brings together two of EuropeÂ's leading suppliers of Human CapitalManagement software and will create a company of more than 500 large and mid-sizedcustomers in over 20 countries, together with a network of partners across Europe,US, Latin America, Australia and part of Asia.
 With HCM solutions, customers are calling for local knowledge and global support said Alberto Gabbai, Chairman and founder of Cà zanne Software.  By combining ourexpertise and leadership in Southern Europe and Latin America with that of HRMSoftwareÂ's in Northern Europe, US and Australia, we are uniquely positioned toaddress this need.Â
The combined company will continue to focus on increasing employee motivation andperformance through collaborative e-HR applications.
Nick Bolton, Managing Director and founder of HRM Software, said. Â We are a similarsize to Cezanne and share a common mission, common values and common technology. Bycombining HRM SoftwareÂ's leadership in succession and talent management withCÃ zanneÂ's excellence in e-HR and compensation planning, we will increase our abilityto deliver and support effective solutions.Â
The transaction will be based on a share exchange, and the details will be finalizedduring the next few weeks as both companies take the required steps to complete themerger.
About CÃ zanne Software
CÃ zanne Software help organizations increase employee performance with collaborativesolutions for human capital management.
Founded in 2000, CÃ zanne Software has offices in Italy, France, Spain, Portugal, UK,US and Venezuela, and over 300 company clients worldwide. Clients include Carrefour,Luxottica, Fiat, Banca Intesa, Illy, Gucci, Ferrari, Ibercaja, Banesco.
The company has affiliates and an active network of distributors in Europe and LatinAmerica, and CÃ zanne SoftwareÂ's products are integrated in the solutions of twoleading European HR providers: Byte Software House and Cegedim SRH.
For more information, visit the company's Web site at www.cezannesw.com
About HRM Software
Established in 1986, HRM Software pioneered software systems to support successionplanning and leadership development within large organisations. Today, the companyoffers web native solutions for human capital management, HR administration,organisation charting and pay review.
HRM has implemented solutions for many leading organisations across a wide range ofbusiness sectors. Clients include BT, Philips International, Heineken, StandardChartered Bank, Vodafone, Co-operative Financial Services, ING Group, Rio Tinto andInterContinental Hotels Group.
The company also has an established network of distributors worldwide including theUS, Australia, Germany, Greece, Mexico and Italy. HRMÂ's organisation charting tool,HRCharter, is integrated in HR information systems developed by Vizual, Intellect,Northgate (Rebus), Schlumberger Sema, and Authoria.For more information, visit the company's Web site at www.hrmsoftware.com
