Ultimate Software (Nasdaq:ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that Ultimate Software has been recognized as one of the world's 25 leading service providers for the ASP, software-as-a-service (SaaS), Web services, service-oriented architecture (SOA), and utility computing industries by ASPnews.com in its 2007 list. This is the fourth consecutive year that Ultimate Software has been named.

ASPnews.com is the leading source of news and analysis for the Application Service Provider (ASP) and Web services industry and has been covering the sector since 1998. Selected by ASPnews.com editors, the companies on the list must meet the following criteria to be designated as a Top Service Provider:

  • Have the provision of network-based applications and/or services as their core business
  • Have a substantial and active end-user customer base for those services
  • Be able to demonstrate proven revenue streams
  • Be innovators in the online delivery of software-based services
  • Be recognized as a leader by others within the industry

?Ultimate Software's hosted service model, Intersourcing, continues to build momentum by providing increasing numbers of businesses with an efficient way to manage their human resources, talent management, and payroll operations,? said Scott Scherr, president, CEO, and founder of Ultimate Software. ?With a 99% customer retention rate for customers that have gone ?live' on Intersourcing, we have many customer testimonials on the extraordinary business value in having Ultimate Software handle the IT functions for serving up UltiPro over the Web to their user browsers.?

Ultimate Software's Intersourcing customers include Elizabeth Arden, Major League Baseball, Nikon Inc., and The Container Store. Currently Ultimate Software customers use Intersourcing to manage approximately 600,000 employees nationwide.

?Ultimate Software's Intersourcing customers can log on to UltiPro from anywhere with a Web browser to access recruitment-through-retirement employee management functionality,? said Greg Swick, senior vice president of sales for Ultimate Software. ?With an entire suite of functionality, predictable per-employee-per-month pricing, and a full set of IT services available for our hosted customers, we are very pleased that we have the ability to positively impact businesses and receive third-party validation from ASPnews.com.?

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 licensed software and as on-demand services through Intersourcing. Employing approximately 650 professionals who are focused on developing the highest quality products and services, Ultimate Software was positioned in the Leaders quadrant of Gartner, Inc.'s ?Magic Quadrant for U.S. Midmarket Human Resource Management Systems, 2006? and as a Leader in Forrester Research Inc.'s 2006 U.S. Midmarket HR solutions Wave ranking. Ultimate Software was also named the 2005 Payroll Provider of the Year by the Human Resources Outsourcing Association and ranked #3 on the 2006 Top 25 Best Medium-Sized Companies to Work for in America list by the Great Place to Work Institute. Also in 2006, Ultimate Software won two customer service awards, one from American Business Awards as the Best Customer Service Organization and the other a first-place SSPA STAR Award from Service & Support Professionals Association. Ultimate Software customers represent diverse industries and include such organizations as The Container Store, Elizabeth Arden, The Florida Marlins Baseball Team, The New York Yankees Baseball Team, Nintendo of America, Ruth's Chris Steak House, and SkyWest Airlines. 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.