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Timesheet Software Leader, Replicon, Inc., Celebrates Annual Profit Share Event

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Calgary, AB – February 27, 2009 — Many companies have turned to automated productivity software in an effort to weather the economic storm. As a result, web-based time tracking solutions such as Web TimeSheet are delivering near instant ROI to organizations across every sector and industry.

Throughout 2008, amidst a bleak and dreary economy, Replicon’s time tracking software solutions have helped hundreds of companies save time and money throughout their organizations. By automating their time and expense tracking, these companies are able to reduce administrative hours significantly, while maximizing the number of billable hours realized by employees.

Last year, Replicon not only received recognition for its workplace environment, company management, growth and revenue, but also for its green initiatives, making 2008 a record year for the company.

On February 24th, 2009, Replicon conducted its annual Profit Share event, delivering annual bonuses to employees in recognition of outstanding company-wide achievement over the last calendar year.

Founded in 1996, Replicon is the world leader in web-based time and expense tracking, time-off tracking, project tracking and resource scheduling software. Replicon delivers easy to use and quick to implement web-based time tracking solutions for companies of all sizes. Replicon first launched Web TimeSheet in 1998 and has grown revenues in excess of 125 times in the last ten years. Replicon has also grown its total user base to more than 6700 companies in 60 countries.

Replicon’s consistent recognition and outstanding growth ensure its benchmark position as a world leader in time and expense tracking software solutions.

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