Asure Software Provides Update on Ceridian-Related Customers; Schedules Second Quarter Earnings Conference Call
August 03 2010 - 9:00AM
Marketwired
Asure Software (NASDAQ: ASUR), a leading provider of workforce
management software, today announced that after three months of
continued support for Ceridian and their joint customers, the
company has successfully captured direct relationships with more
than 80 percent of the mid market customers which has expanded
Asure Software's overall direct customer base by 160 percent. The
company has also grown mid market monthly revenue by 5 percent with
the majority of iEmployee customers having agreed to long-term (1
year or longer) contracts instead of month to month agreements.
"We are pleased to report a successful conversion effort during
these past three months," stated Pat Goepel, Chief Executive
Officer, Asure Software. "The company's ability to successfully
support our customers and deliver best-in-class technology has been
validated by their choosing to directly sign with Asure Software.
With the transition period over, we can now focus on building
deeper customer relationships to help these organizations realize
even further cost and time savings through iEmployee's suite of
Time and Attendance solutions and its network of more than 25
partners. The conversion success further stabilizes the business
and we look forward to additional returns from this effort in the
future."
The expansion of Asure Software's customer base and
establishment of direct customer relationships gives the company
the ability to further extend the reach of iEmployee's product and
partner solutions. iEmployee's Time and Attendance customers can
more easily integrate payroll, time clock and other time collection
products into their suite of payroll processing technologies to
increase efficiency and further reduce operating costs.
iEmployee's Time and Attendance solution, an Asure Software
product, has more than 400,000 active users today across a variety
of industries. By automating the manual tasks associated with
payroll processing such as data collection, calculation, auditing
and reporting, iEmployee Time and Attendance eliminates printing,
distribution and reprinting costs allowing businesses to reclaim
valuable time through employee self service, improve productivity
and achieve greater organizational efficiency.
Asure Software's 2010 Second Quarter Earnings
Conference Call Scheduled
Asure Software will release its second quarter financial results
for the period ending June 30, 2010 on Wednesday, August 11,
2010.
Asure Software will follow this announcement with a conference
call for the investment community on Wednesday, August 11, 2010 at
11:00 am EDT (10 a.m. CDT) to further discuss the quarter and
outlook. Participating in the call will be Pat Goepel, Chief
Executive Officer and David Scoglio, Chief Financial Officer.
To participate on the call, please dial 800-299-8538 ten minutes
before the call begins, ask for the Asure Software event, and use a
pass code of 89424981. International callers should dial
617-786-2902 and use a pass code of 89424981.
For those who can not listen to the live broadcast, a replay
will be available shortly after the call on the investor relations
page of Asure Software's website at www.asuresoftware.com.
About Asure Software Headquartered in
Austin, Texas, Asure Software, empowers small to mid-size
organizations and divisions of large enterprises to operate more
efficiently, increase worker productivity and reduce costs through
a comprehensive suite of on-demand workforce management software
and services. Asure's market-leading suite includes products that
optimize workforce time and attendance tracking, benefits
enrollment and tracking, pay stubs and W2 documentation, and
meeting and event management. With additional offices in Warwick,
Rhode Island, Vancouver, British Columbia, and Mumbai, India, Asure
serves 3,500 customers around the world. For more information,
please visit www.asuresoftware.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Asure's business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
Such risks and uncertainties could cause actual results to differ
from those contained in the forward-looking statements.
Asure Software (NASDAQ:ASUR)
Historical Stock Chart
From May 2024 to Jun 2024
Asure Software (NASDAQ:ASUR)
Historical Stock Chart
From Jun 2023 to Jun 2024