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FORTUNE® Magazine Names Ultimate One of “20 Great Workplaces in Tech”

Date: October 8, 2014 11:00 AM EDT

Public Company Information:

NASDAQ: ULTI
US90385D1072

Weston, FL — Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that FORTUNE® has identified Ultimate as one of “20 Great Workplaces in Tech” and Great Rated!™ has ranked Ultimate #3 on its “People Picks: Top 20 Great Workplaces in Technology.” See FORTUNE’s story here: fortune.com/2014/10/08/20-great-workplaces-in-tech/

“We are honored that our employees have rated Ultimate’s culture so highly on Great Rated!’s anonymous employee surveys. FORTUNE’s and Great Rated!’s recognition of employee voices is a testament to the importance of culture in business,” said Scott Scherr, president, founder and CEO of Ultimate. “The talent, teamwork, and creativity of our people have resulted in award-winning human capital management products and services for global businesses. Most important, our people have created strong relationships of trust with our customers and among themselves.”

FORTUNE says, “Ultimate Software strikes a balance between work and pleasure,” and quotes an Ultimate employee who says, “‘The best part of working for Ultimate are the intangibles—I'm respected, valued, rewarded, and I genuinely enjoy my job and co-workers. This is undoubtedly the best job I've ever had, and I'm so grateful to be here.’”

Great Rated! tells the story of workplace culture to job seekers from the viewpoint of a company's own employees. Great Rated!’s #3 ranking of Ultimate’s technology culture is based upon 1,085 anonymous employee surveys, where 98% of Ultimate’s employees gave Ultimate the highest ratings in the categories of Great Atmosphere, Great Rewards, and Great Pride. For more survey ratings from Ultimate’s employees as well as employee quotes and Great Rated!’s review of Ultimate’s culture, go to: us.greatrated.com/review/ultimate-software2014

“Great Rated!'s unprecedented employee-centric reviews provide job seekers a real behind-the-scenes look into these workplace cultures. They are deeply rooted in a philosophy of openness and reflect the general trend we see in the increasing importance of transparency for both employers and employees,” said Kim Peters, CEO, Great Rated!

About Great Rated!
The Great Place to Work® Model forms the basis of Great Rated!'s methodology, and is relied on internationally as the premiere assessment of employer culture. Great Rated!™ tells the story of workplace culture to job seekers from the viewpoint of a company's own employees. Great Rated!™ reviews go well beyond a list of benefits or a handful of employee comments, to provide a comprehensive picture of what makes a company great. The site offers both ratings and reviews so that job seekers can easily compare the strengths and benefits across multiple organizations. Great Rated!™ works with a number of strategic partners including Simply Hired, and Digital First Media.

About Ultimate Software
Ultimate Software is a leading cloud provider of people management solutions, with more than 17 million people records in the cloud. Built on the belief that people are the most important ingredient of any business, Ultimate’s award-winning UltiPro delivers HR, payroll, talent, compensation, and time and labor management solutions that seamlessly connect people with the information and resources they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and has more than 2,000 professionals focused on developing the highest quality solutions and services. In 2014, Ultimate was ranked #20 on FORTUNE’s list of the 100 Best Companies to Work For; ranked #8 on Forbes magazine’s list of the 100 Most Innovative Growth Companies; and recognized as a ‘Leader’ in Nucleus Research’s HCM Technology Value Matrix. Ultimate has 2,700 customers with employees in 150 countries, including Adobe Systems Incorporated, Bloomin’ Brands, Culligan International, Major League Baseball, Pep Boys, Texas Rangers Baseball, and Texas Roadhouse. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.

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, Senior Director 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