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Ultimate Software Responds to Recent Rumors


//science-technology.news-articles.net/content/2 .. ultimate-software-responds-to-recent-rumors.html
Published in Science and Technology on Thursday, January 13th 2011 at 7:16 GMT by Market Wire   Print publication without navigation


WESTON, Fla.--([ BUSINESS WIRE ])--Ultimate Software (Nasdaq: ULTI), a leading provider of unified human capital management (HCM) SaaS solutions for global businesses, today issued the following statement. Ultimatea™s policy is not to comment on rumors and speculation. Nevertheless, Ultimate believes that investors need to be aware that Ultimate has no present intention to engage in a sale of the company.

Ultimate remains focused on continuing to invest in, develop, and support its market-leading HCM solution and servicing its customers.

Ultimate disclaims any obligation to comment on rumors or speculation, or to update statements made herein. Any decision by Ultimate to not comment on rumors should not be interpreted to mean that such rumors or press are accurate.

About Ultimate

A leading provider of unified human capital management SaaS solutions for global businesses, Ultimate markets its award-winning UltiPro solution as an on-demand service through Software-as-a-Service (SaaS). Based in Weston, FL, Ultimate employs approximately 1,100 professionals who are focused on developing the highest quality products and services. In 2010, Ultimate was named an Optimas Award winner by Workforce Management magazine. In 2009, Ultimate was awarded first place in the Peoplea™s Choice Stevie® competition for Favorite New SaaS Product and was ranked the #1 best medium-sized company to work for in America by the Great Place to Work® Institute for the second consecutive year. In 2008, Ultimate was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management and was recognized for having the #1 aBest Product Development Teama in the nation by the American Business Awards. Ultimate has more than 2,000 customers representing diverse industries, including such organizations as Adobe Systems Incorporated, The Container Store, Culligan International, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, and Rutha™s Chris Steak House. More information on Ultimatea™s products and services can be found at [ www.ultimatesoftware.com ].

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


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