Kronos Confirms Second-Quarter Revenue and Earnings Estimates and Announces Release Date of April 24

Business Wire, April 7, 2003

Business Editors/High-Tech Writers

CHELMSFORD, Mass.--(BUSINESS WIRE)--April 7, 2003

Kronos(R) Incorporated (Nasdaq: KRON) today announced that it expects revenues and earnings for its fiscal second quarter ended March 28, 2003 to be at the high end of the guidance that Kronos offered in January. Kronos is making the announcement in anticipation of an April 9 presentation by Chief Executive Officer Mark S. Ain and Chief Financial Officer Paul Lacy at Sidoti & Company's Seventh Annual Emerging Growth Institutional Forum, being held April 9-10 in New York.

"Preliminary results indicate that we had a very good quarter," said Mark S. Ain, Kronos' chief executive officer. "We experienced a strong mix of all products in all markets despite the difficult economic climate. Similar to the dynamics of our first quarter, we believe we are able to sustain momentum because our products deliver a rapid return on investment and directly improve the bottom line."

Kronos will release its second quarter Fiscal 2003 results on Thursday, April 24, 2003, and will review the results during a conference call on the same day, at 4:30 p.m. Eastern. A Webcast of the conference call will be available to all interested parties on the Kronos Web site located at www.kronos.com under the Investor Relations section.

Kronos' presentation from the Sidoti conference will be made available the afternoon of April 9 on the Investor Relations section of Kronos' Web site at www.kronos.com.

About Kronos Incorporated

Kronos Incorporated is a single-source provider of integrated human resources, payroll and labor management solutions. Kronos products and services help organizations align their people, processes and technology to improve individual productivity and boost overall business performance. Capitalizing on deep-rooted expertise honed over 25 years, Kronos empowers more than 40,000 organizations worldwide to better manage their workforce. Learn more at www.kronos.com.

Safe Harbor Statement

This press release contains forward-looking statements that involve a number of risks and uncertainties, including the performance estimates and statements relating to earnings and revenue growth and the market acceptance of our new products, our ability to monitor and manage discretionary costs, and potential acquisitions. Among the important factors that could cause actual operating results to differ materially from those indicated by such forward-looking statements are delays in product development, including enhancements to existing products, product performance issues, competitive pressures, general economic conditions and the risk factors detailed in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission. The timing of the release of new products or product enhancements will take place if and when available and at the sole discretion of Kronos.

(C) 2003 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks of Kronos Incorporated or a related company. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners.