Home About Time Spot Products Professional Services Return on Investment News Support Home
Time Spot Inc.
News and InfoPressroomPressroomPressroomEventsReviews
  View the newsletter

  Need investor
  information? Click



Time Spot Press Releases


TEMPE, Ariz., July 27, 2004 ? ARAMARK Corporation (NYSE: RMK), a global food and facilities management services company based in Philadelphia, Penn., has substantially reduced labor costs and time expenditures in its Campus Services division with the implementation of Time Spot?s HourTrack? system.

 ?ARAMARK Campus Dining Services selected HourTrack based on the company?s flexibility and dedication to customer service,? said Michael Tuno, Project Lead, Information Technology, ARAMARK Campus Dining Services.

HourTrack is an integrated time and labor management suite that combines client-server software with a wide range of data collection devices to automate the process of tracking, managing, auditing and reporting the many aspects of employee time and attendance. ARAMARK has installed HourTrack at several dozen college campuses ? managing anywhere from 50 to 450 employees at any one location. By restricting employees to the exact schedule they are assigned to, HourTrack has substantially reduced labor costs often associated with overtime.

 ?HourTrack has given us the tools to predict and plan our labor more effectively based on customer needs and has also given us data to measure performance on a monthly basis,? said Dominic L. Boffa, CIO and Vice President, Information Technology, Campus Services, ARAMARK. ?The system has also substantially reduced the need for manual calculations, freeing our office staff to pay more attention to the ?big picture? than on tedious administrative duties.?

One of ARAMARK?s clients, West Chester University (West Chester, PA), which employs 275 ?on the clock? workers, has found HourTrack?s status board feature to be particularly useful. Four different computers on campus display a ?live log? that details which employees are working, where they are located, who is on break and when shifts start and end. That level of real-time access has enabled managers to gain full control of the daily schedule reduce labor costs by eliminating unapproved or unauthorized overtime.

?HourTrack has allowed managers to assist me with aspects of labor and payroll that I used to handle on my own, freeing me to spend more time using a variety of labor tools within the system,? said Lauren Saar, Administrative Assistant, ARAMARK, West Chester University.

HourTrack?s open architecture design allows it to be easily customized to conform to an organization?s unique set of payroll policies and rules. It can act as a standalone system or be integrated with other systems for a complete workforce management solution.

ARAMARK Corporation is a world leader in providing award-winning food and facilities management services to health care institutions, universities and school districts, stadiums and arenas, international and domestic corporations, as well as providing uniform and career apparel. ARAMARK was ranked number one in its industry in the 2004 FORTUNE 500 survey and was also named one of "America's Most Admired Companies" by FORTUNE magazine in 2004, consistently ranking since 1998 as one of the top three most admired companies in its industry as evaluated by peers. Headquartered in Philadelphia, ARAMARK has approximately 200,000 employees serving clients in 18 countries.

About Time Spot, Inc.
Based in Tempe, Arizona, Time Spot, Inc., is a leading developer of web-based and client-server workforce management solutions. With over 15 years of experience, Time Spot?s family of NETtime?, HourTrack? and GENESIS? solutions deliver cost-effective management of labor resources and automation of time and attendance data collection, workforce scheduling, and payroll processing. More information can be located at the Company's homepage on the worldwide web at https://timespothq.com.

# # #

HourTrack is a registered trademark of Time Spot, Inc. All other names are the property of their respective owners.

You may register to receive Time Spot, Inc.?s future press releases or to download a complete Digital Investor Kit? including press releases, regulatory filings and corporate materials by clicking on the ?Digital Investor Kit?? icon at http://www.kcsa.com/Int_IR.htm.

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 the Company's Annual Report on Form 10-KSB for the fiscal year ended June 30, 2003 and subsequently filed Form 10-QSB?s, 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.

Corrine Kula
(480) 296-0400

Yin Chang / Scott Berwitz
(212) 896-1228 / (212) 896-1272