CyberShift Named "Hottest Company" by START-IT Magazine for Second Consecutive Year

PARSIPPANY, NJ--(Marketwire - June 3, 2008) - CyberShift, a leading global provider of workforce management and expense management software and services, today announced that it has been named one of the "Hottest Companies" by START-IT magazine. This is the second consecutive year CyberShift has been recognized as a Hottest Company by the publication.

START-IT's Hottest Companies Awards honor software and technology providers that serve the manufacturing industry and have developed innovative applications or products. Winning companies are judged on a variety of criteria such as revenue growth, important client wins and significant events and accomplishments throughout the past year.

"The companies who have been named 'hot' this year are among the leading-edge technology providers within manufacturing. These innovative companies are driving manufacturing solutions into the next generation," said Peggy Smedley, editorial director of START-IT. "As the manufacturing industry evolves, so must technology companies that provide solutions to advanced manufacturers. The 25 winning companies this year are having a great impact on the manufacturing space as they strive to provide the most complete, innovative technology possible to their customers."

CyberShift's solutions are designed for mid- to large size organizations that seek to streamline operations, increase responsiveness and agility, and reduce payroll and expense report processing costs. In manufacturing, workforce management is often fraught with complex business rules, involving labor unions, distribution of labor across multiple locations, hourly and part-time workers and shift differentials. CyberShift's proven workforce management solutions enable manufacturing organizations to meet these challenges as well as provide flexible time management and expense reporting.

"In the manufacturing industry, proper workforce management can translate into increased profits while also mitigating risks," said Robert E. Farina, CEO of CyberShift. "CyberShift is committed to providing the leading-edge solutions that help manufacturing organizations achieve their business objectives and we're honored to once again be recognized by START-IT for our position in this market sector."

About CyberShift

CyberShift, Inc. is a leading provider of workforce management and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling, absence management and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. CyberShift's Necho Expense™ automates the processing and facilitates the management of employee business expenses and helps companies improve compliance; enforce expense policies and procedures and increase visibility into operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. More information can be accessed at www.CyberShift.com.