CLOCKWARE RELEASES VERSION 4.1

Clockware, a leading time and work tracking software applications and Online ASP service company,announced the release of Time and Work 4.1 which increases the application's features and functionality in leave tracking, project tracking and work tracking.

SUNNYVALE, Calif., -- October 15, 2002 --

Clockware, a leading Time and Work Tracking software applications and Online ASP Service company, announced today its release of Time and Work 4.1 which significantly increases the applications features and functionality in leave tracking, project tracking, and work tracking.
This new release allows customers to track employee leave and keep individual employee balances for each leave type. Balances can be administered individually or by group, allowing maximums and minimums to be set for each employee or groups of employees. Further features have expanded utilization tracking and productivity tracking by individuals and groups. Additional self-service features allow employees and supervisors to check, real time, any remaining leave time available, or their utilization or productivity performance for individuals or groups. Clockware Director of Product Development Louis Pacilly stated, "Clockware, while remaining the leader in ease-of-use for time and work tracking, is now adding the kind of features found in far more expensive resource management systems. We have a number of customers starting to use our systems for CRM, technical project tracking, and project management across the enterprise." Clockwares focus is on serving technical and engineering-oriented workforces with their time, project and work tracking needs.
Clockware also announced the expansion of its work tracking features, allowing the Company to further expand its lead in work tracking and work attributes. Our expansion of this functionality includes rules-based filters for both time and work tracking data entry and various reporting filters." Pacillys stated, Clockwares strategy of having the greatest quality of features, rather quantity, is starting to pay off in the web-based applications space." Clockwares strategy has always been to add new features within the context of an uncluttered UI and a high-performance web-based system.

About Clockware
Clockware, the first name in time and work tracking, is the developer of the worlds leading web-based time and work tracking systems. Clockwares systems are used primarily by engineering and technical service organizations that need to track time, work and projects. Founded in 1997, the Company became one the first Online ASP Service providers in 1999. Its customers, ranging across every industry group, are among the most successful enterprises in industry.