Tempe, ARIZ. (October 8, 2002) - Time Spot, Inc., a wholly owned subsidiary of Vitrix, Inc. (OTC Bulletin Board: VRXI), and Human Resource MicroSystems, Inc. ("HRMS") today announced a cooperative marketing partnership designed to leverage the complementary nature of the companies' products and client bases.
Under the partnership, Time Spot and HRMS sales teams will introduce selected accounts to each other's respective solutions. This presents the opportunity for both companies to deliver products with greater efficiency and added functionality to their clients while benefiting from an additional source of high-caliber prospects.
"The timing of the partnership with Time Spot couldn't have been better," said Don Helt, President of Human Resource MicroSystems. "In recent years we have seen an upswing in customers asking us for recommendations for Time and Attendance solutions. The key was to find someone who shared our view of the market, technology and our commitment to customer satisfaction. With Time Spot we have found that company."
"We are seeing increasing customer demand to consolidate purchases of related software applications and to buy from established, trusted vendors," stated Thomas Bednarik, President and CEO of Time Spot. "Working in a referral capacity with HRMS will enable our organizations to leverage client relationships and better satisfy their needs, especially those who have requirements for end-to-end human resource and labor management solutions."
ABOUT Time Spot, INC. Time Spot, Inc., based in Tempe, Arizona, is a leading provider of client-server and web-based workforce management solutions. With over fourteen years of experience, Time Spot's family of HourTrack™, Genesis PRO™ and NETtime™ solutions deliver cost-effective management of labor resources and automation of time and attendance data collection, workforce scheduling, and payroll processing.
ABOUT HUMAN RESOURCE MICROSYSTEMS, INC. Human Resource MicroSystems, Inc. is a developer of comprehensive software solutions for domestic and international Human Resource departments: HR Entré, a Client/Server product, HRIS-Pro, a PC/LAN-based product, and HRIS-Pro ASP, accessible from an Application Service Provider. Based in San Francisco, Human Resource MicroSystems is a Microsoft-Certified Solution Provider using leading technology to provide versatile software solutions for Human Resources.
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 the Company's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2001, and Quarterly Report on Form 10-QSB for the fiscal quarter ended March 31, 2002, together with other factors that appear in this press release or in the Company's other Securities and Exchange Commission filings could affect the Company's actual results and could cause the Company's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of the Company, in this press release.
For further information, please contact Jennifer Breitegan, Marketing Specialist of Time Spot, Inc., 480-296-0428, [email protected]
Copyright 2003, Time Spot, Inc., A Vitrix Company. All rights reserved.
51 West Third Street Tempe, AZ 85281 Phone: (800) 561-6366 Fax: (480) 967-5444
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