Ultimate Software to Present at the JPMorgan 36th Annual Technology Conference in Boston

Business Wire, May 15, 2008

WESTON, Fla. -- Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that Scott Scherr, president, CEO, and founder, and Mitchell Dauerman, executive vice president and CFO, are scheduled to present at the JPMorgan 36th Annual Technology Conference at 3:00 p.m. Eastern time on Tuesday, May 20, 2008. The three-day event will be held at The Westin Boston Waterfront Hotel in Boston from May 18 through May 21.

The presentation will include a discussion of Ultimate Software's recurring revenue business, as well as an overview of the company's history and overall financial results.

To schedule an appointment with Mr. Scherr and Mr. Dauerman or to obtain further details on Ultimate Software's participation at the conference, call (954) 331-7369.

About Ultimate Software

A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate Software markets its award-winning UltiPro products as on-demand services through its software-as-a-service (SaaS) offering, Intersourcing, and as licensed software. Based in Weston, FL, the Company employs approximately 800 professionals who are focused on developing the highest quality products and services. In January 2008, Ultimate Software was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management. The Company's internal technology team won a first place award for its management of Intersourcing from the American Business Awards in 2007, and its customer service team won two first-place awards for service excellence in 2006, one from the Service & Support Professionals Association and another from the American Business Awards. Ultimate Software was ranked #3 on the 2006 and 2007 lists of the Best Medium-Sized Companies to Work For in America by the Great Place to Work Institute, and has approximately 1,600 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, Nintendo of America, Ruth's Chris Steak House, and Sony BMG Entertainment. More information on Ultimate Software's products and services can be found at www.ultimatesoftware.com.

UltiPro and Intersourcing are registered trademarks of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.