Kronos Raises the Bar; Workforce Management Vendor Recognized for Strength in Market and Superior Solutions.CHELMSFORD, Mass. -- "Fastest-growing," "largest," and "hot" are adjectives that leading publications use to describe Kronos(R) Incorporated (Nasdaq: KRON KRON Knowledge Representation Oriented Nets ). These publications rank Kronos at the top of their lists for a variety of reasons including continued revenue growth as well as employee and customer satisfaction ratings. Year over year, Kronos is a constant on many of these rankings. "After more than 26 years in business, Kronos is still receiving third-party validation on the strength of our company and products. I guess it disproves the saying that you can't teach an old dog new tricks," said Aron Ain, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Kronos. "Many of the awards we receive are based on the satisfaction of our customers and employees. It is this satisfaction that drives our success." A successful organization with strong financials Kronos was recently named one of the "100 Fastest-Growing Technology Companies" by Business 2.0, a monthly magazine about business, technology, and innovation. Organizations were ranked on revenue, earnings, and job growth. Kronos was one of only 20 software companies to be included in this ranking. Kronos also has been recognized by industry publications such as Healthcare Informatics Same as information technology and information systems. The term is more widely used in Europe. , MSI MSI: see integrated circuit. (1) (MicroSoft Installer) See Windows Installer. (2) (Medium Scale Integration) Between 100 and 3,000 transistors on a chip. See SSI, LSI, VLSI and ULSI. , and Software Magazine based on its revenue growth. In addition, Forbes included Kronos on its list of "Hot Shots: 200 Up and Coming Companies" based on various factors such as growth in sales and earnings. Brian Turchin, president and founder of Cape Horn Noun 1. Cape Horn - a rocky headland belonging to Chile at the southernmost tip of South America (south of Tierra del Fuego) Chile, Republic of Chile - a republic in southern South America on the western slopes of the Andes on the south Pacific coast Strategies, a management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm to the software industry, also recognized Kronos for its strong and consistent financial performance. Searching for the secrets of long-term success, his company's research discovered that, besides Microsoft, Kronos is the only other public software company to generate profitable growth in each and every year, consecutively, for the past 16 years. Meeting the technology needs of customers Most recently, Kronos was named one of the "Hottest Companies of 2004" by START magazine. This award highlights organizations that deliver leading-edge technologies to the manufacturing industry. Kronos was selected for its ability to help organizations such as Georgia-Pacific, Interstate Bakeries Corporation Interstate Bakeries Corporation (IBC) (Pink Sheets: IBCIQ) or Interstate Brands Corporation was the largest wholesale baker and distributor of fresh bakery products in the United States, and is the owner of the Hostess, Wonder Bread, Dolly Madison, Butternut Breads, and Drake's , and PepsiAmericas, Inc. manage their workforce. Workforce Management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space. also included Kronos in "The Hot List: Top 15 HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist providers" for delivering superior technology to its customers. Kronos' data collection solutions have been recognized as well. The Kronos 4500 Touch ID(TM) terminal was recently named a "2003 BiometriTech Product of the Year". This biometrics-equipped terminal was one of only seven products chosen for its outstanding achievement and industry leadership in biometrics The biological identification of a person. Examples are face, iris and retinal patterns, hand geometry and voice. Increasingly built into laptop computers, fingerprint readers have become popular as a secure method for identification. . Local recognition Several regional publications have recognized Kronos as well. Kronos is consistently listed in The Boston Globe's "Globe 100". This listing includes the best publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in Massachusetts. The Boston Business Journal also presented Kronos with an award for being named one of the "Best Places to Work" in Massachusetts. Kronos was one of only 50 companies to be selected based on the strength of its benefits and programs as well as feedback received from employees. About Kronos Incorporated Kronos Incorporated is the most trusted name in workforce management. Kronos helps organizations staff, develop, deploy, track, and reward their workforce, resulting in reduced costs, increased productivity, better decision-making, improved employee satisfaction, and alignment with organizational objectives. More than 20 million people use a Kronos solution every day. Learn more about Kronos' high-impact enterprise solutions at www.kronos.com. (C) 2004 Kronos Incorporated. Kronos and the Kronos logo are registered trademarks and Kronos 4500 Touch ID is a trademark of Kronos Incorporated or a related company. All other product and company names mentioned are used for identification purposes only and may be trademarks of their respective owners. |
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