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Kronos Announces Pat Decker to Retire as President

Business/Technology Editors

CHELMSFORD, Mass.--(BUSINESS WIRE)--Feb.7, 2002

Kronos(R) Incorporated (Nasdaq: KRON), the leading provider of frontline labor management solutions, today announced that W. Patrick "Pat" Decker, president and chief operating officer, plans to retire in mid-April.

"I feel the time has come to set my sights on enjoying life outside of the workplace. Retirement from Kronos will give me an opportunity to pause and reflect on my career, and will give me time to focus more of my energies on my personal interests and my family," commented Mr. Decker. "My 20-year tenure with Kronos has been immensely fruitful. I am pleased to have played a large role in the company's growth. I firmly believe that Kronos has a bright future ahead."

Mark S. Ain, chief executive officer of Kronos, commented, "When we recruited Pat to Kronos in 1982, we knew he had the leadership skills that Kronos needed. Since that time, the company has grown from 100 employees to more than 2,000 employees with offices around the globe."

Mr. Decker played an instrumental role in establishing Kronos' world-class sales and service operations, both on a direct basis and through third-party distribution. In more recent years, Mr. Decker spearheaded the strategic direction of the company including alignment of Kronos along industry vertical markets.

"Since becoming president and COO, Pat has done an extraordinary job of overseeing Kronos' day-to-day business operations," Ain added. "His accomplishments are innumerable, and his contributions are very much appreciated. We wish him the best as he continues on his path of personal growth. We are pleased that Pat will be with us through mid-April to ensure a smooth transition of responsibilities. We are also pleased that he will continue to serve on the Kronos Board of Directors, and will continue working with Kronos in a consulting role."

See related "Kronos announces executive promotions" press release, also issued by Kronos today.

About Kronos Incorporated

Kronos Incorporated is universally recognized as the world's #1 provider of solutions for frontline labor management. With approximately 40,000 customers worldwide, Chelmsford, Mass.-based Kronos offers the broadest suite of applications for managing employee time and activity data, scheduling the workforce, and providing frontline managers with the tools they need to measure and improve labor productivity. Kronos applications allow organizations of all sizes to automate labor management for their entire workforce. www.kronos.com

(c)2002 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks of Kronos Incorporated. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

COPYRIGHT 2002 Business Wire
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