Asure Software Acquires Legiant
December 14 2011 - 2:17PM
Business Wire
Asure Software, Inc. (NASDAQ: ASUR), a leading provider of
workforce management software, announced today that it has acquired
Legiant, an Austin, Texas-based provider of cloud computing time
and attendance software and management services.
“This acquisition fits with our cloud growth strategy via high
synergy / low integration risk transactions,” said Pat Goepel,
Asure's Chief Executive Officer. “We are excited to enhance our
workforce management solution while utilizing our sizable tax loss
asset to create meaningful client and shareholder value.”
Steven Rodriguez, Asure’s Chief Operating Officer, added, “Asure
Software provides the technology behind the Legiant Timecard
product which creates a natural synergy between the two companies.
The Legiant mobile solutions are an exciting addition to the Asure
time and labor management product suite.”
About Asure SoftwareAsure Software, Inc. (NASDAQ: ASUR),
headquartered in Austin, Texas, offers intuitive and innovative
technologies that enable companies of all sizes and complexities to
operate more efficiently. The company ensures a high-performing
work environment by integrating its "keep it simple" solutions and
expertise to more than 3,500 clients world-wide; Asure Software’s
suite of solutions range from time and attendance workforce
management solutions to asset optimization and meeting room
management. For more information, please visit
www.asuresoftware.com.
About LegiantLegiant is a reseller of ADI Time based time
and attendance solutions that deliver improvements in workforce
productivity through a software-as-a-service (SaaS) platform. The
integration of software, hardware and professional services creates
a comprehensive suite of time accounting solutions that is easy to
use and accessible with a Web browser.
"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.
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