BenefitsEnabling TechnologyEngaged Workforce

5,000-Employee Company Selects Ultimate Software’s Intersourcing

WESTON, Fla., Sept. 28 /PRNewswire-FirstCall/ — Ultimate Software (Nasdaq: ULTI), a leading provider of Web-based payroll and workforce management solutions, announced today that Federal Signal Corporation has selected Ultimate Software’s UltiPro Workforce Management delivered through its hosted model, Intersourcing.

Federal Signal is a manufacturer and worldwide supplier of safety, signaling, and communications equipment, fire rescue products, street sweeping and vacuum loader vehicles, refuse truck bodies, high-performance water- blasting equipment, parking control equipment, carbide and super-hard-tipped cutting tools, precision metal stamping punches, and components for plastic injection molds. Serving more than 5,000 employees, Federal Signal has been managing its payroll and human resources using multiple payroll applications and a combination of outdated systems and even spreadsheet applications for HR.

Realizing that the manufacturer would need to centralize its employee- related information into one system to improve efficiencies and provide real- time access to customizable, consolidated reporting, Federal Signal decided to replace its existing systems with an integrated human resources, benefits, and payroll solution. The company selected Intersourcing in June 2005 with the objective to:
— provide a single system with business intelligence reporting for workforce analysis
— reduce the time spent on administrative tasks by implementing comprehensive HR/payroll capabilities and Web self-service for managers and employees, and
— outsource the IT responsibilities associated with UltiPro to allow the internal IT staff to concentrate on other business-critical systems

“Our systems for managing employee information and payroll have not been as efficient and productive as we need them to be,” said Walter Hoeppner, director of Human Resource Global Processes for Federal Signal. “By leveraging Intersourcing and Ultimate Software’s partners for services like check printing and tax filing, we believe we can enter a new era of strategic workforce management. Using UltiPro, we want to position ourselves to deliver across-the-board improvements in HR/payroll staff productivity, in addition to providing best-in-class experiences to our employees.”

Taking advantage of Intersourcing’s functionality to automate companywide information gathering and HR/payroll processes, Federal Signal will be using the hosted model to permit its internal IT resources to focus on other core business activities.

“We believe that it makes good business sense to let Ultimate Software maintain its own solution,” said Jim Venema, HRMS manager. “Our IT department has its hands full with many other mission-critical projects, so Intersourcing will allow us to hit the ground running more quickly.”

“Companies that have grown through acquisition may be at the mercy of multiple systems for HR, payroll, and workforce management. By consolidating them with Intersourcing, human resource and payroll staff can offer more value to the organization and make the best possible use of their resources,” said Greg Swick, senior vice president of sales for Ultimate Software.

About Ultimate Software
Ultimate Software, a leading provider of Web-based payroll and workforce management solutions, markets award-winning UltiPro as licensed software, as a hosted application through Intersourcing, and as a co-branded offering to Business Service Providers (BSPs) under the “Powered by UltiPro” brand. Employing approximately 500 professionals who are focused on developing the highest quality products and services, Ultimate Software was named the 2005 Payroll Provider of the Year by the Human Resources Outsourcing Association and listed among the 2005 Top 25 Best Medium-Sized Companies to Work for in America by the Great Place to Work Institute and the Society for Human Resource Management. 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, SkyWest Airlines, and Trammell Crow Residential. More information on Ultimate Software’s products and services can be found at http://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.

For Sales Information:
Ultimate Software
Phone: (800) 432-1729
Web site: http://www.ultimatesoftware.com

Tags: Benefits, Enabling Technology, Engaged Workforce

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