Newsroom

Ultimate Software, FIU Expand Partnership to Prepare Students for Job Market

Date: September 18, 2015 10:30 AM EDT

Public Company Information:

NASDAQ: ULTI
US90385D1072

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, and FIU have announced a 10-year extension to their current technology-education partnership. The new commitment will help establish an endowment for the FIU College of Engineering and Computing’s School of Computing and Information Sciences, fund scholarships for students at the university, and support the development of Science, Technology, Engineering, and Mathematics (STEM) education throughout high schools in the community.

Ultimate first partnered with FIU in 2007 to create the TechSTARS internship program. Through TechSTARS, Ultimate works in tandem with FIU’s School of Computing and Information Sciences to identify promising students and provide them with real-life experience as part of a growing tech company. Since the program’s inception, Ultimate has employed more than 100 TechSTARS from FIU as full-time engineers.

“One of the ways we’ve been able to provide industry-leading HR software is by relying on fresh ideas from the best talent,” said Adam Rogers, chief technology officer at Ultimate. “We believe that the future of technology isn’t just in Silicon Valley, but also here in South Florida. Through our $1 million extended partnership, we’re working closely with FIU faculty and local high school teachers to help prepare the brightest students for successful careers in tech across the region. Our overall goal is to have a lasting impact on the lives of aspiring tech leaders.”

The partnership with Ultimate is part of a pivotal growth period and focus on STEM education at FIU, which graduates more Hispanics with bachelor’s and master’s degrees in STEM than any other university in the continental U.S. With grants from the Florida Board of Governors for Information Technology Performance and Technology Education, the university just opened its 8,000-square-foot Tech Station, a state-of-the-art complex featuring a software-design lab, an IT hardware and services lab, active-learning classrooms, and team rooms—all meant to promote creativity and innovation. Ultimate’s commitment to FIU also expands the existing Ultimate Software Academy, which provides technology training for high school teachers who are helping students develop STEM-based skills.

“It is critical that our students graduate and enter the workforce equipped with the education and skills that will lead to lifelong success,” said FIU President Mark B. Rosenberg. “Ultimate Software’s support of our School of Computing and Information Sciences is a major force in providing that preparation, and a model of how a strategic public-private partnership can benefit our entire community. We look forward to continuing our partnership to enhance STEM education.”

Founded in 1990, Weston-based Ultimate Software employs more than 2,700 professionals, who help design, build, deliver, and support Ultimate’s award-winning HCM solution, UltiPro®. Throughout its 25-year history, Ultimate has collaborated with educational institutions across the region to foster academic excellence and prepare the workforces that have contributed to South Florida’s growing tech ecosystem.

“Perhaps the biggest contribution we can offer students and educators is our people and our resources,” said Rogers. “We can provide insight about the skill sets and academic subjects necessary for success in tech, and then offer students the opportunity to apply those skills and that knowledge in real time through hands-on programs such as TechSTARS. In continuing our partnership with FIU, together we may build an even bigger and stronger pipeline of local talent, from high school to college to a fulfilling future in technology.”

About Ultimate Software
Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 20 million people records in the cloud. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and employs more than 2,700 professionals. In 2015, for the fourth consecutive year, Ultimate was ranked in the top 25 on FORTUNE’s list of the 100 Best Companies to Work For; recognized for the third year in a row as one of Achievers’ 50 Most Engaged Workplaces™ in North America; ranked #7 on Forbes magazine’s list of the 100 Most Innovative Growth Companies; named among the InformationWeek Elite 100, honoring innovation in business technology; and recognized as a “Leader” in Nucleus Research’s HCM Technology Value Matrix. Ultimate has more than 2,800 customers with employees in 160 countries, including Bloomin’ Brands, Culligan International, Major League Baseball, Pep Boys, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

About FIU
Florida International University is recognized as a Carnegie engaged university. It is a public research university with colleges and schools that offers more than 180 bachelor’s, master’s and doctoral programs in fields such as engineering, computer science, international relations, architecture, law and medicine. As one of South Florida’s anchor institutions, FIU contributes $8.9 billion each year to the local economy. FIU is Worlds Ahead in finding solutions to the most challenging problems of our time. FIU emphasizes research as a major component of its mission. FIU has awarded over 200,000 degrees and enrolls more than 55,000 students in two campuses and three centers including FIU Downtown on Brickell, FIU@I-75, and the Miami Beach Urban Studios. FIU’s Medina Aquarius Program houses the Aquarius Reef Base, a unique underwater research facility in the Florida Keys. FIU also supports artistic and cultural engagement through its three museums: Patricia & Phillip Frost Art Museum, the Wolfsonian-FIU, and the Jewish Museum of Florida-FIU. FIU is a member of Conference USA and has over 400 student-athletes participating in 18 sports. For more information about FIU, visit http://www.fiu.edu/.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

Follow Ultimate Software
LinkedIn: http://linkd.in/UltimateHCM
Twitter: www.twitter.com/UltimateHCM
Facebook: http://www.facebook.com/UltimateSoftware

Contact Information:

Darlene Marcroft, Vice President of PR and Communications at Ultimate Software
phone: 954-331-7444; email: darlene_marcroft@ultimatesoftware.com

For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com

FIU Contact: Maydel Santana santanam@fiu.edu 303-348-1555 News.fiu.edu