Stromberg: One of Fastest Growing Technology Companies

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Press Release, August 30, 2000

Note: I am very proud of this announcement that occured after my departure as it represents the achievement of the goal I set out to achieve at Stromberg. Taking a virtually dead but recognizable brand, marrying it to a little known technology upstart with potential, and putting a company together in one year that resulted in being the 7th fastest growing company in Florida and the 2nd fastest growing software company. RJH

Stromberg One Of The Fastest Growing Technology Companies

Lake Mary, FL - August 30, 2000--STROMBERG, LLC, has been named to the Central Florida Technology Fast 50 list, a ranking of the fastest growing technology companies in the area. Rankings are based on the percentage of growth in revenues from 1995-1999.

"Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide. The Fast 50 winners for the Central Florida area have proven that they can compete successfully by consistently delivering technological wonders.We at Deloitte & Touche commend Stromberg, LLC for having the vision and determination to become one of the fastest growing technology companies in the Central Florida area," said Mike Zychinski, High Technology Partner, Deloitte & Touche, Orlando.

Stromberg, LLC's President and CEO, Ted Dinkel credits the explosive growth of the Internet and the dedication of several key employees with the company's 344% growth over the past five years.He said, "our employees have always provided some of the most comprehensive and cost-effective time and attendance solutions available, and now the Internet is insuring everyone is aware of just how good Stromberg, LLC solutions really are."

Stromberg's increase in revenues of 344% over the five year period of 1995 to 1999 resulted in a #7 ranking overall in the Fast 50 for the Central Florida area and the #2 ranking among software companies.The average increase in revenues among companies who made the Fast 50 for this region was 689%.

To qualify, companies must have 1995 operating revenues of at least $50,000 and 1999 operating revenues of at least $1,000,000; must be a U.S. company developing and/or providing technology products or services; and must have been in business for at least five years.The finalists are eligible to complete in the "Technology Fast 500," also sponsored by Deloitte & Touche which ranks the nation's top 500 fastest growing technology companies.Technology companies in business a minimum of three years were eligible for the Rising Star Award.

Winners of the 21 regional Fast 50 programs in the United States are automatically entered in the Deloitte & Touche Technology Fast 500 program.

For more information on the Central Florida Technology Fast 50 or Fast 500 programs, visit the website at www.fast50.com.

Stromberg, LLC, is a technology leader in the development and implementation of time and attendance labor management solutions.The Lake Mary, Florida based company is the only time and attendance provider that provides a seamless growth path for companies of all sizes.Stromberg's scalable portfolio of products can help organizations proactively control labor costs, prepare accurate and timely payrolls, calculate job and labor data, manage human resources integration and much more.More information can be found at the company web site www.stromberg.com.