Time Spot Press Releases
GEVITY PARTNERS WITH Time Spot TO PROVIDE TIME AND LABOR MANAGEMENT SOLUTIONS
Bradenton, Fla. and Tempe, Ariz., June 1, 2005? Gevity (NASDAQ: GVHR), the leading provider of a comprehensive insourced employee management solution, has partnered with Time Spot (OTCBB: TMAM) to provide automated time and labor management solutions to help companies reduce operational costs and improve the management of employees.
Under the arrangement, Gevity will private brand Time Spot?s suite of web-based, client-server and desktop time and labor management solutions. Time Spot?s software applications and data collection systems provide innovative, cost-effective methods for companies to automate the process of tracking employee time and human resource data. Employees can enter time and attendance information in a variety of ways including badge or key terminals, Internet browser, telephone and biometric hand readers. Through the Web, employees can review time sheets, benefit balances and check schedules. From there, supervisors can manage employee data and run reports to mange overtime, track job costing and analyze workforce productivity.
?Time Spot?s products are intuitive, while providing advanced features and functionality,? said Mark Zimmerman, Vice President of Information Technology, at Gevity. ?Time Spot?s products were configured to work with our technology, allowing us to extend our suite of human resource and payroll solution offerings to our clients.?
With more than 125,000 employees under management and over 8,000 customers, Gevity is well positioned to extend the reach of Time Spot?s automated time and labor management solutions in the marketplace.
?Companies seeking to automate and improve the tracking capabilities of their employee time and human resource data will benefit from this partnership,? said Jonathan Weiss, Vice President of Business Development, Time Spot, Inc. ?In addition, Time Spot?s customers will have the opportunity to contract with Gevity for a fully insourced solution that addresses all of their Human Resources needs.?
Gevity helps clients increase profits, grow sales and improve customer satisfaction through our comprehensive employee management solution. We serve as the insourced human resource department to small- and medium-sized businesses nationwide. Our unique approach integrates three key drivers of business success: workforce alignment, administrative relief and business protection. We deliver our solution through our innovative people, processing and portal approach, combining the resources of our highly skilled human resource consultants and our scalable, Web-enabled technology platform.
About Time Spot, Inc.
Time Spot, Inc. is a provider of web-based, client-server and desktop time and labor management solutions. The company's family of software and data collection products automate employee time and attendance tracking, the management of labor resources and payroll processing. The Deloitte Technology Fast 500 has named Time Spot tne of the top fastest growing technology companies in North America for the the last two years.
The Time Spot name is a registered trademark of Time Spot, Inc. All other names are the property of their respective owners.
Forward Looking Statements
Certain information and comments contained in this press release may be forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Factors set forth in Time Spot's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2004 and subsequently filed Form 10-QSB?s,or with respect to Gevity its Annual Report on Form 10-K for the year ended December 31, 2004 and subsequently filed Form 10-Q?s, together with other factors that appear in this press release or in the other Securities and Exchange Commission filings made by the respective companies could affect the actual results of the companies and could cause the actual results of the companies to differ materially from those expressed in any forward-looking statements made by, or on behalf of either company, in this press release.