Halogen Software Closes Cdn$21.0 Million Secondary Equity Offering

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

OTTAWA, ON, Sept. 11, 2013 /CNW/ - Halogen Software (TSX: HGN), a leading provider of cloud based talent management solutions, announced today that certain of its shareholders including JMI Equity Fund VI, L.P. ("JMI"), Michael Slaunwhite ("Slaunwhite"), and certain other shareholders, some of whom are executive officers of Halogen Software (collectively, with JMI and Slaunwhite, the "Selling Shareholders") have completed the sale of an aggregate of 1,500,000 common shares of Halogen Software at a price of $14.00 per common share for gross proceeds to the Selling Shareholders of approximately Cdn$21.0 million (the "Offering"). Halogen Software did not receive any proceeds from the Offering.

The previously announced Offering was completed on a bought deal basis by an underwriting syndicate led by Canaccord Genuity Corp. and including Raymond James Ltd., Cantor Fitzgerald Canada Corporation and National Bank Financial Inc. (collectively, the "Underwriters"). JMI has also granted the Underwriters an over-allotment option to purchase up to an additional 225,000 common shares on the same terms and conditions, exercisable at any time, in whole or in part, up to 30 days after the closing of the Offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the common shares in any state, territory or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state, territory or jurisdiction. The common shares have not been, and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or compliance with an applicable exemption from the registration requirements under U.S. securities laws.

About Halogen Software
Halogen Software (TSX: HGN) offers an organically built cloud-based talent management suite that reinforces and drives higher employee performance across all talent programs - whether that is recruiting, performance management, learning and development, succession planning or compensation. With over 1,750 customers worldwide, Halogen Software has been recognized as a market leader by major business analysts and has garnered the highest customer satisfaction ratings in the industry. Halogen Software's powerful, yet simple-to-use solutions, which also include industry-vertical editions, are used by organizations that want to build a world-class workforce that is aligned, inspired and focused on delivering exceptional results. For more information, visit: http://www.halogensoftware.com. Subscribe to Halogen Software's Exploring Talent Management blog: http://www.halogensoftware.com/blog/ or follow Halogen Software on Twitter: http://twitter.com/HalogenSoftware.

SOURCE: HALOGEN SOFTWARE

Tim Foran
T: 1-416-815-0700 ext. 251
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