SmartTime Unveils Enhanced Strategic Workforce Management Software At The American Payroll Association 20th Annual Congress

Business Wire, May 13, 2002

Business/Technology Editors

American Payroll Association 20th Annual Congress

SAN ANTONIO--(BUSINESS WIRE)--May 13, 2002

New Version Delivers Exceptional Time & Labor-Data Access and Control

SmartTime Software, Inc. (www.smarttime.com), a leading provider of strategic workforce management solutions, today unveiled the latest version of SmartTime(R), its fully automated web based time & attendance solution. SmartTime is demonstrating its newest flagship product in booth # 540-542 at the American Payroll Association 20th Annual Congress here in San Antonio. SmartTime's powerful, web-based time & attendance system, with flexible options for time and labor transaction collection, retroactive pay calculations, and reporting and analytics capabilities, enables leading enterprises to control labor costs by streamlining the process of deploying and managing their most precious resource - the workers.

SmartTime 7.1 Time & Attendance simplifies workflow processes to streamline communication between employees and management. This enhanced version of the software includes:

- Workforce Time Management/Personal Time Management: provides one, intuitive
"driver's seat" to manage workforce and individual employee time and
attendance.

- Speedbar Navigation: permits users to easily perform multiple application
functions for a selected employee or group without returning to the menu.

- Project/Task Load: interface to financial and accounting systems that allows
synchronization of project and task charge-back codes.

Using SmartTime 7.1, managers and employees have a single access point to view and edit all high-touch processes, including time card approval for departments or groups, exceptions, benefits, pay results, schedules, employee profiles and more. This new approach enables businesses to deploy employees more efficiently, to increase productivity and lower labor costs. SmartTime 7.1 also allows enterprises to have greater visibility into workforce trends for improved decision-making, and maximize their workforce to achieve a strong competitive advantage and increased profitability. SmartTime 7.1 will be available to ship to customers June 30, 2002.

SmartTime is a component of the SmartWorks(TM) workforce management application suite, designed to automate critical pay-cycle processes for mid-tier and large, diverse enterprises. SmartWorks is comprised of SmartTime and SmartStaff, a complete employee scheduling solution that includes modules for overtime equalization, employee self service, and vacation administration. Working together or separately, these software solutions reduce labor costs through efficient workforce utilization, knowledge-driven decision processes and error elimination.

"We value our customers' input and have listened to their requests for additional streamlining of the SmartTime system. SmartTime 7.1 is taking the lead on strategic workforce management automation. It dramatically simplifies communication between employees and management, and has unrivaled support for more time and labor transaction collection devices than any other labor management system available. Best of all, SmartTime 7.1 can be up and running amazingly fast with SmartSteps, our cost-effective rapid implementation process," explained SmartTime's president, Kevin Rhone. "With this release, we're confident that our customers have the industry leading web-based solution for time and labor management," added Mr. Rhone.

About SmartTime Software, Inc.

SmartTime develops strategic workforce management solutions that enable leading enterprises to control labor costs by streamlining the process of deploying and managing their most precious resource - the workers. The SmartWorks(TM) Suite automates critical pay-cycle tasks including employee scheduling, labor transaction collection, labor analysis and the fair application of time and attendance rules. SmartTime solutions enhance employee satisfaction and productivity by improving employee-manager communications. Companies using SmartTime's software to reduce labor costs through efficient workforce utilization, knowledge-driven decision processes and error elimination include Keyspan Energy, Merck Pharmaceuticals, Universal Studios, Plus Mark (An American Greetings Company), General Dynamics, BP Amoco and Gillette.

SmartTime is headquartered in Framingham, MA. For more information, visit www.smarttime.com or contact Thomas Hume, Director of Communications, at 508-598-3853.

(c) 2002 SmartTime Software, Inc. SmartTime and SmartWorks are registered trademarks or trademarks of SmartTime Software, Inc. Other brand or product names may be trademarks or registered trademarks of their respective owners.