Ascentis Corporation Makes JMP Securities' List of The Hot 100 Best Privately Held Software Companies

Bellevue, Wash. – January 2011 – Ascentis Corporation, provider of HCM (human capital management) software, is excited to announce its placement on JMP Securities’ list of The Hot 100: The Best Privately Held Software Companies. The report profiles 100 of the leading private companies in the software industry identified by the software research team at JMP Securities, a full-service San Francisco-based investment bank.

Ascentis has been a proven player in the HR and payroll space for nearly 30 years and continues to gain significant momentum in the HCM industry. Ascentis’ software suite continues to expand, as the service selection grows to include other soon-to-be-announced components. “The flexibility, affordability, and outstanding customer support of our SaaS-based software model is what today’s HR and payroll professionals demand. We strive to provide our customers with the easiest to use and best priced SaaS HCM software available. We are delighted to have been included on the JMP Hot 100,” said Les Goldstein, CEO of Ascentis.

In June 2010, Ascentis launched the newest addition to its HCM offering, Ascentis Time, a powerful complement to Ascentis Payroll and Ascentis HR. Ascentis Time is designed specifically to manage time and attendance online, offering labor management tools with multiple approval levels, powerful security configurations, and extremely robust reporting. Ascentis is preparing to launch a new addition to its suite of HCM offerings in early 2011.

About Ascentis

Ascentis offers easy-to-use workforce management HRIS ,online payroll and timekeeping solutions that support greater business efficiency and accuracy. Ascentis technology automates critical processes such as full scale benefits management, compliance, online open enrollment, time and attendance, real-time payroll processing, tax filing, applicant tracking, employee and manager self-service and reporting. One point of data entry means employee information is accurate, up-to-date and reportable. Electronic submission of information to insurance carriers eliminates errors and supports a paperless open enrollment process. Ascentis offers world-class customer service and continues to add software offerings to its portfolio of workforce and human capital management solutions.

Ascentis has more than 1,400 clients in multiple industries across the U.S., including Ghirardelli Chocolate, the Oakland A’s, Mandarin Oriental Hotels, and the Pittsburgh Pirates, to name a few.

For more information about Ascentis, send inquires to marketing@ascentis.com or contact Heather Bansemer.