WESTON, Fla., Jan. 5 /PRNewswire-FirstCall/ -- Ultimate Software
(Nasdaq: ULTI), a leading provider of Web-based payroll and workforce
management solutions, announced today that Scott Scherr, president, CEO, and
founder, and Mitchell Dauerman, executive vice president and CFO, are
scheduled to present at the Eighth Annual Needham & Company LLC Growth
Conference in New York City on Wednesday, January 11, 2006, at 10:30 a.m.
Eastern Time. The four-day event will be held at the New York Palace Hotel,
455 Madison Avenue, January 10-13.
Mr. Scherr and Mr. Dauerman's presentation will include a discussion of
Ultimate Software's recurring revenue business, as well as an overview of the
company's history and overall financial results.
To schedule an appointment with Mr. Scherr and Mr. Dauerman or to obtain
further details on Ultimate Software's participation at the conference, call
954-331-7369.
About Needham & Company, LLC
Needham & Company, LLC is a nationally recognized investment banking and
asset management firm focused primarily on serving emerging growth industries
and their investors. Founded in 1985 by George A. Needham, Raymond H. Godfrey
and David K. Townes, the firm is headquartered in New York City and has
offices in Boston, Massachusetts, and Menlo Park and San Francisco,
California. Needham & Company's principal activities are public and private
financings; corporate finance advisory services, including mergers,
acquisitions and divestitures; equity research; sales and trading primarily
for institutional investors; and asset management through public and private
funds. Since its founding, the firm has acted as lead or co-manager in more
than 450 public offerings, including 145 IPOs, raising in excess of $31.2
billion, and as placement agent on over 55 private offerings.
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, and SkyWest Airlines. 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.
SOURCE Ultimate Software
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Related links:
http://www.ultimatesoftware.com
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CONTACT:
Mitchell Dauerman, CFO and Executive Vice
President, Ultimate Software, +1-954-331-7369, or
mitch_dauerman@ultimatesoftware.com
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