Unitime Systems Time and Attendance - News & Events
Press Release
Time America and Unitime Systems Enter Into Transaction

SCOTTSDALE, ARIZ., April 13, 2006  Time America, Inc. and Unitime Systems, Inc., both major providers of automated workforce management solutions, today announced they have completed a transaction whereby Time America has divested certain direct sales assets to Unitime Systems. Under the terms of the agreement, Unitime Systems acquired a portion of the Time America direct sales maintenance and hosted client base along with specific direct channel sales opportunities and associated intellectual property rights. Financial terms of the transaction were not disclosed.

The transaction affords both organizations the opportunity to focus on those things they do best. Time America will continue to build its extensive reseller network and business development channels and will also focus on key enterprise account opportunities and its data collection subsidiary, NetEdge Devices, LLC. Unitime Systems will increase its customer support base and add a proven hosted software solution to its product line. Unitime Systems' business and alliance partner channels are unaffected by the transactions.

"Unitime Systems is a respected competitor in our market. I believe this transaction is advantageous to both parties, and I see opportunity beyond the immediate benefit as the relationship matures," stated Thomas Bednarik, President and CEO of Time America.

Bill Korstad, CEO of Unitime Systems, states, "Tom and I have been friends as well as friendly competitors for years. We admire what Time America has been able to accomplish in the marketplace. This is one of those win-win deals that benefit both companies."

FOR INFORMATION
For information about the transaction, contact Unitime Systems at 800-611-4762 or info@unitime.com; www.unitime.com

ABOUT UNITIME SYSTEMS
Unitime Systems, based in Boulder CO, provides time and labor management software for small to enterprise organizations in nearly every industry. Founded in 1993, Unitime Systems has helped more than 2,000 businesses in more than 7,500 locations throughout North America enhance the performance of employees, managers and overall operations. Unitime Systems’ products integrate seamlessly with payroll, human resources, ERP and other critical back-office systems. Options include SQL and Web platforms, biometric time clocks, benefit accruals and attendance point tracking, all backed by Unitime Systems’ unparalleled support and professional services. Unitime Systems’ headquarters is at 4900 Pearl East Circle, Suite 110, Boulder, CO 80301; www.unitime.com; info@unitime.com; 800-611-4762, fax: 303-444-7387.

ABOUT TIME AMERICA
Time America, Inc. (OTCBB: TMAM) has been a leading provider of web-based, client-server and desktop time and labor management solutions since 1988. Time America s family web-based, client-server and desktop solutions deliver a cost-effective, automated means for employee time and attendance tracking, management of labor resources and payroll processing. The Deloitte Technology Fast 500 has honored Time America as one of the 500 fastest growing technology companies in North America in 2003 and 2004. For more information, please visit the Time America web site at www.timeamerica.com.

CONTACT
Greg Bell, Unitime Systems, 800-611-4762; gbell@unitime.com
Jim Fulton, The Fulton Company, 360-943-4101; fultonco@olywa.net
Corrine Solomon, Time America, Inc., (800) 561-6366 x428; corrines@timeamerica.com
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