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LATHEM INTRODUCES COMPREHENSIVE TIME AND ATTENDANCE SOFTWARE FOR MID TO LARGE BUSINESS

Windows-based PayClock Pro provides enterprise wide information sharing for companies with up to 1,000 employees.\

Atlanta, GA (October 8, 1999) --- Lathem Time introduces PayClock Pro(r) a powerful, adaptable and complete Time and Attendance system designed to accommodate the complex payroll and attendance rules of multi-faceted organizations, as well as the varying rules between different groups of employees within the organization.

PayClock Pro provides a single-source solution --- powerful time and attendance software combined with the choice of high-end data terminals, such as Lathem's advanced PC3500 wall-mounted badge reader.

The system is enhanced by the power of a true, Windows operating system, offering "point, click and drag" efficiencies, and true graphical representations. For example, start and end times, breaks and meals and revision zones are all represented in a time bar, providing an intuitive representation of a workday.

Its real time database engine delivers instantaneous, automated calculations. This capability to calculate "on-the-fly", opens the door to all sorts of "what-if" labor scenarios, which can help companies better predict and improve their labor management processes, without a lot of parameter changing or complex programming.

The database technology also supports numerous third-party application interfaces, necessary to share data seamlessly among the different systems, management groups and employees throughout the enterprise.

Lathem's Director of Marketing Lance Whipple, said: "Many mid-sized to large companies are moving toward integrated solutions and centralized data sharing between business units. This technology supports that direction extremely well, improving labor productivity and letting management focus more on employee empowerment, and less on time and attendance specifics."

Product Benefits:

Automatic Data Calculation in Real Time Powerful software polls employee punch data in real time and in a matter of seconds calculates work hours based on predefined rules.

Powerful Work Schedules Fixed or floating schedules are defined and applied to employees, ensuring company policies are enforce fairly and impartially.

True "Punch to Paycheck" Via Payroll Program Interfaces Provided are direct interfaces into your preferred payroll software, (ADP(r), Paychex(r), Quickbook Pro(r) or custom interface of your choice), eliminating manual data entry errors and saving precious time.

Secure Data Management Powerful, backup restore and archiving features ensure your database is maintained efficiently and securely.

Display, Print, Export or E-mail Your Report Dozens of standard management labor reports are included. Click a button to print or export the data to your business programs, into HTML, or even e-mail the report to a colleague directly from the program.

Multi-Level Labor Tracking Powerful grouping features enable users to track up to three different predefined labor levels. You can precisely capture employees as they transfer between locations with different pay rates.

Benefit Accrual Tracking Sick, vacation or other accrual information available to the employer and to the employee, freeing up payroll personnel from having to manually retrieve this information for employees.

This new product will be sold through an exclusive group of certified VAR's located throughout the U.S.

Lathem Time, headquartered in Atlanta, Georgia, has been a leader in the time and attendance equipment industry since 1919. More than a quarter million businesses around the world use a Lathem timekeeping product. Known for its high quality products and excellent customer service, Lathem Time designs and manufactures a full line of time and attendance hardware and software as well as Master Control and Guard Tour Systems.



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