Galaxy Technologies, Inc. Completes Record Sales Year as Organizations Turn to Cost Saving Human Resources, Payroll and Time & Attendance Solutions

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Galaxy Technologies, Inc. a leading provider of time & attendance, human resources and payroll solutions has just completed a record sales year with an unprecedented volume of new software-as-a-service (SaaS) subscribers as organizations brace themselves for challenging economic times and limited budgets.

No license costs, no additional technology investments, no additional IT staff and a single-point of contact for support have made pay-as-you-go SaaS a very popular option for organizations forced to cut costs.

Galaxy Technologies, Inc. a leading provider of time & attendance, human resources and payroll solutions has just completed a record sales year with an unprecedented volume of new software-as-a-service (SaaS) subscribers as organizations brace themselves for challenging economic times and limited budgets. The twenty-year-old company has been growing at a consistent rate and up until the economic slowdown in 2008; Galaxy solutions were being purchased to manage client's corporate growth needs. As the year progressed more organizations deployed the solutions as part of their cost cutting initiatives.

Galaxy's HRMS solutions have traditionally been delivered in the licensed model and the SaaS subscription has been available since 2004, but is now experiencing unprecedented growth. In 2008, 56% of all new projects were SaaS subscriptions instead of licensed installations and this represented an 83% growth over the previous year.    SaaS has become a more preferred choice eliminating many upfront and ongoing costs as organizations tighten belts to control their largest expense - labor costs. The entire Galaxy product line, subscribed to or licensed, is engineered for optimal enterprise cost savings.

"Our most recent success is attributed to the value customers achieve as they not only automate their HRIS processes but also deploy Galaxy solutions with the lowest possible outlay of upfront dollars," stated Carlos Gonzalez, Director of Sales. "No license costs, no additional technology investments, no additional IT staff and a single-point of contact for support have made pay-as-you-go SaaS a very popular option for organizations forced to cut costs."

"For example," added Gonzalez, "in 2008 our team saw many SMBs looking to reduce service bureau fees and those not able to invest in SQL server hardware and licensing opt for SaaS initially, yet retain the option of bringing their hosted data in-house at a later date if desired. Clients are prioritizing Galaxy cost saving projects over competing projects that don't have the immediate dollar returns."

In addition to a record sales year, Galaxy's success has also been recognized by Sage Software being awarded Sage Software's President's Circle designation for the ninth consecutive year and being named Sage Software's Top Business Partner in Specialized Business Solutions for the fifth consecutive year.

About Galaxy Technologies, Inc.

Developing and delivering solutions since 1988, Galaxy's products include solutions to track, allocate, analyze, and control labor resources. Galaxy also offers time collection alternatives for all employee populations. Galaxy's particular focus is in time & attendance, human resources, payroll and data collection systems. Galaxy is located at 2990 Triverton Pike Dr, Madison, WI 53711. For more information visit http://www.galaxy-inc.com or contact Galaxy Technologies, Inc. at 800.814.9096 or information@galaxy-inc.com.

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BECKY HUBING
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