HRN Management Group Posts 20% Sales Growth in 2006

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HRN Management Group, a developer and provider of practical and effective online human resource management products for employee performance management, compensation administration and regulatory compliance, today announced 2006 sales increased 20% over 2005 setting a new annual sales record. The addition of 134 new cross-industry Performance Pro clients and high customer satisfaction led company to record setting year.

HRN Management Group, a developer and provider of practical and effective online human resource management products today announced 2006 sales increased 20% over 2005 setting a new annual sales record. 2006 sales growth was led by strong sales of the Performance Pro employee performance management solution and Compease compensation administration software. HRN's professional services area experienced the largest year over year growth posting an increase of 44%. In addition to new sales, high customer satisfaction significantly contributed to the company's successful year demonstrated by record annual service renewal income.

Mr. Jerry P. Nelson, HRN President and CEO, attributes the consistent growth to 'doing what we do best' and having high quality HR management products aligned with the needs of small and medium sized organizations. He stated, "HRN was founded nearly 20 years ago by HR experts devoted to simplifying and improving employee administration and performance management functions. Our success is a reflection of the dedication HRN demonstrates on a daily basis towards the success of our clients. To this day we remain committed to continuously improving and expanding the content, features and functions of Performance Pro, which along with our unequaled customer support, create the most compelling value proposition in the industry."

About HRN Management Group

Founded in 1989, HRN, a privately held company, develops and markets products designed to simplify and improve employee performance development, compensation administration, and HR regulatory compliance for small and medium sized businesses. In October, 2006 HRN was selected as a Utah 100 fastest growing company by the MountainWest Capital Network. Leading HRN products are Performance Pro online employee performance management solution and Compease Salary Planning and Compensation Administration software. HRN can be reached on the Internet at http://www.hrnonline.com.

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Paul Hendrycks
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