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
CONTACT: Mitchell Dauerman, CFO and Executive Vice President, Ultimate Software, 1-954-331-7369, or mitch_dauerman[at]ultimatesoftware.com/
http://www.ultimatesoftware.com