Workscape Announces 2006 Second Quarter Results; Year-to-Date Bookings Exceed 100 Percent Compared to Same Period in 2005

Another Consecutive Quarter of Positive Cash Flow for Outsourced Benefits and Compensation Leader

MARLBOROUGH, Mass. (August 17, 2006) - - Workscape, Inc., experts in outsourced benefits and compensation solutions, today announced its second quarter results for 2006.  During this period, Workscape welcomed new customers, as well as renewed and expanded contracts with existing customers.  The company also hired an additional 42 employees, opened requisitions for more than 30 additional positions, and announced the signing of a lease for a larger facility to house its growing outsourced benefits business unit in Boise, Idaho.  Workscape also revealed that year-to-date bookings exceed 100 percent compared to the same period in 2005.

New customers signed during the second quarter of 2006 included Covalence Specialty Materials Corporation, previously known as Tyco Plastics & Adhesives; Realogy, a spin-off of the real estate division of Cendant; and one of the world´s largest lodging franchisors.  Existing customers including a global oil and natural gas products and services company, and a major retailer of athletic footwear renewed their relationships with Workscape.  Defense and aerospace systems leader Raytheon; supermarket and foodservice operators Ahold; a Fortune 200 financial services company; and one of the nation´s largest grocery retailers also expanded their current agreements with Workscape. 

Additionally, Workscape has signed a multiyear services arrangement with a global systems integrator to continue providing Workscape's Employee.com Web-based portal and HR self-service application services to an existing customer in the global automotive industry.

 Tim Clifford, Workscape´s CEO, commented, "Our second quarter success in renewing and adding vital services to existing accounts as well as our continuing record new client sales momentum is a testimony to the hard work of our growing team, as well as our commitment to exemplary products and services.  Workscape´s outsourced benefits and compensation solutions are delivering what market leaders need to effectively reduce costs, retain their best people and set a firm foundation for continued organizational success.  We´re honored to be an integral part of their HR infrastructure, as their success is Workscape´s success."

 Earlier this month, Workscape announced it has signed a five-year lease on a new facility in Meridian, Idaho, a suburb of Boise, which will house its existing Call Center Operation as well as its expanded Benefits Administration business process outsourcing (BPO) operation.  Clifford shared, "Our benefits administration business - along with our award-winning compensation solutions - are considered to be the gold-standards by multinational companies seeking a reliable, trusted provider that can deliver personalized service backed by the best technology.  The expansion of our Boise area operation is another example of how Workscape invests in the support and delivery network to ensure our customers´ needs are met and their expectations are exceeded."

 Ed Hurley-Wales, Workscape´s Senior Vice President of Human Resources, added, "This is an exciting time to be a member of the expanding Workscape team.  Making a difference and being rewarded accordingly ensures both individual and organizational success.  Workscape offers that and much more."

 About Workscape
Designed for the workforce, Workscape's solutions transform the delivery and adoption of HR services across the enterprise to maximize ROI and enable a higher-performing organization. An innovator in HR self-service, Workscape provides a full range of outsourced HR solutions including benefits administration, compensation management, performance management, employee and manager self-service, an employee portal, HR service center, and data center and network management services. Workscape's applications and services are configurable to support each client's unique business processes and are easily integrated into multi-vendor environments to ensure protection of existing technology investments. Workscape's award-winning solutions have been embraced by millions of employees worldwide. For more information, visit the company website at www.workscape.com or call (888) 605-9620.

Media Contact:

Adrienne Turner
The Devon Group
(732) 224-1000, ext. 18
Adrienne[at]devonpr.com

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