Unitime Systems Launches ‘UNITIME on Demand’ Time and Attendance System

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Subscription-based system marks Unitime’s entry into growing software-as-a-service (SAS) segment.

BOULDER CO, June 7, 2006 -- Unitime Systems has launched UNITIME on Demand, a subscription-based time and attendance system that’s delivered to customers through a standard Internet browser. UNITIME on Demand marks the company’s entrance into the growing software-as-a-service (SAS) segment of the time and attendance market.

UNITIME on Demand provides a fast, easy, cost-effective method to automate employee time and labor management processes. Offered on a monthly subscription, it is entirely Web-based and can be used from any computer running an Internet browser. The product is targeted to organizations that prefer to avoid the large capital outlay, IT infrastructure investments and long implementation process associated with purchasing licensed software.

The functions of UNITIME on Demand are similar to Unitime’s popular UNITIME Automated Timekeeping System time-and-attendance software package, launched in 1993. UNITIME on Demand is one of four time and attendance products offered by Unitime Systems.

“UNITIME on Demand enables us to address a wider segment of the time and attendance market while enhancing our technology offerings,” said Bill Korstad, Unitime Systems CEO. “We can now provide a greater selection of solutions to both current and future customers, regardless of industry, company size, or infrastructure. Plus, we’re ideally positioned for future growth in the software-as-a-service segment of the marketplace.”

Korstad noted that SAS comprises approximately two percent of the software market today. “Even a small, steady increase in the next five to 10 years in SAS can mean thousands of potential customers seeking to license time and attendance applications like UNITIME on Demand,” he said.

HOW IT WORKS

Employees clock in and out through a data collection device (such as a swipe or biometric timeclock), an ordinary telephone or their UNITIME on Demand home Web page (using a unique login ID and password). Employers can track employee hours according to as many as 15 different labor levels, including jobs, departments, shifts or locations. Managers and supervisors use UNITIME on Demand to review and correct punch data, update schedules, and approve employee hours.

MULTI-TENANT APPLICATION

UNITIME on Demand is a multi-tenant application, offering a single database and application installation for all subscribers. That streamlines regular updates (which occur on a regular basis, during off-peak hours), support and scalability. Company data transmitted over the Internet is encrypted for security; access to the data is available only to those with the company’s alias, user ID and password.

FOR INFORMATION

For information about UNITIME on Demand, contact Unitime Systems at 800-611-4762 or info@unitime.com; http://www.unitime.com.

ABOUT UNITIME SYSTEMS

Unitime Systems, based in Boulder CO, provides time and labor management software for small to enterprise organizations in nearly every industry. Founded in 1993, Unitime Systems has helped more than 2,000 businesses in more than 7,500 locations throughout North America enhance the performance of employees, managers and overall operations. Unitime Systems’ products integrate seamlessly with payroll, human resources, ERP and other critical back-office systems. Options include SQL and Web platforms, hosted and premise-based deployments, biometric time clocks, benefit accruals and attendance point tracking, all backed by Unitime Systems’ unparalleled support and professional services. Unitime Systems’ headquarters is at 4900 Pearl East Circle, Suite 110, Boulder, CO 80301; http://www.unitime.com; info@unitime.com; 800-611-4762, fax: 303-444-7387.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Greg Bell