Timesheet Software Leader, Replicon, Inc., Acquires MySchedule.net Workforce Management Solutions

Replicon, Inc., the world leader in timesheet and expense software, today announced its acquisition of web-based employee scheduling software provider, MySchedule.net.

Calgary, Alberta, Canada, August 20, 2009 --(PR.com)-- Replicon Incorporated, the market leader in online time and expense reporting software today announced its acquisition of privately held MySchedule.net, a leader in web-based employee scheduling software. The acquisition of MySchedule.net reaffirms Replicon’s commitment to innovation and leadership in the time and expense management industry.

Replicon’s market leading product, Web TimeSheet – available in both a Project & Billing edition and a Time & Attendance edition – helps companies streamline their time, attendance, and expense tracking processes for better visibility, more informed decision making, and rapid ROI. By acquiring MySchedule.net, Replicon will be able to provide a one-stop source for an integrated suite of solutions – including project related time & expense management, time & attendance management, resource management and employee schedule management.

“Replicon’s continued global growth is fuelled by market demand for online products that help customers streamline their businesses – increasing return-on-investment (ROI) and reducing costs,” said Raj Narayanaswamy, CEO of Replicon. “The acquisition of MySchedule.net enforces Replicon's ongoing commitment to providing global leadership in the time management industry. By increasing Replicon’s investment in web based scheduling, we expect to build on our success – driving the innovation curve and expanding our market reach to deliver enhanced value to all of our customers. We look forward to supplying our customers with a complete suite of products that grow with their businesses and work seamlessly together to provide quick ROI.”

Joey Skinner of MySchedule.net added, “On behalf of MySchedule.net, we are very pleased that our technology has been integrated with Replicon's product suite and will benefit millions of users worldwide. The addition of a scheduling component to the market leading time and expense software suite will undoubtedly provide customers with a full-range solution that covers all the tracking requirements of an organization.”

This move accelerates Replicon’s strategic initiative to provide an easy-to-use, flexible, and robust solution that meets the full gamut of an organization’s time management needs.

About Web TimeSheet

Replicon’s market leading Web TimeSheet software is an easy-to-use, quick to implement solution delivered as Software-as-a-Service (SaaS) to customers world wide. Web TimeSheet Project & Billing, Web TimeSheet Time & Attendance, Web Expense, and Web Resource offer a myriad of front and back office solutions including time tracking toward projects, expense tracking, client billing, and time and attendance management. All of Replicon’s products can be used as standalone products or as a seamlessly integrated suite of products. Visit Replicon’s Time Tracking Software suite for more information.

About Replicon

With more than 1.2 million users in 60 countries, Replicon, Inc. is the market leader in Software-as-a-Service (SaaS) based time and expense software. For over 10 years, Replicon has enabled companies of all sizes in over 60 countries to maximize profitability and productivity. Replicon’s portfolio of SaaS applications includes Web TimeSheet Project & Billing, Web TimeSheet Time & Attendance, Web Expense, Web Schedule and Web Resource.

Replicon's clients include Ernst & Young, Cornell University, Health Canada, Shell, Verizon, Ferrari and Amazon. For more information about Replicon’s products and services, contact Replicon at 1-877-662-2519 (US / Canada only), send an email to info@replicon.com, or visit http://www.replicon.com

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