Ultimate Ranks #9 on FORTUNE’s 2013 List of the “100 Best Companies to Work For”

  Ultimate Ranks #9 on FORTUNE’s 2013 List of the “100 Best Companies to Work
  For”

Business Wire

WESTON, Fla. -- January 16, 2013

Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people
management solutions, announced today that Ultimate has again been named to
FORTUNE magazine’s list of the “100 Best Companies to Work For.” Ultimate is
the only human capital management provider on this prestigious list and the
highest ranked cloud technology provider.

FORTUNE chooses the 100 Best Companies to Work For by partnering with the
Great Place to Work Institute each year to conduct the most extensive employee
survey in corporate America. More than 277,000 employees from participating
companies responded to a survey created by the institute, a global research
and consulting firm operating in 45 countries around the world. Two-thirds of
a company’s score is based on the results of the institute’s Trust Index
survey, which is sent to a random sample of employees from each company. The
survey asks questions related to their attitudes about management’s
credibility, job satisfaction, and camaraderie. The other third is based on
company responses to the institute’s Culture Audit. Some of the other
companies on the 2013 list along with Ultimate are: Google, Dreamworks,
Mercedes-Benz, Whole Foods, Microsoft, Capital One, American Express, Goldman
Sachs, Starbucks, and Federal Express.

“Ultimate began as a small team of people who had full trust in the initial
vision. They were hard working and talented, and we wanted to take care of
them. Twenty-three years later, our strong commitment to our employees is
still the same. We thank our more than 1,600 employees today for making this
recognition and many other successes happen for us,” said Scott Scherr, CEO,
president, and founder of Ultimate.

“Putting employees first is the keystone of Ultimate’s foundational values,
and we believe this guiding principle sets us apart from other providers in
the human capital management (HCM) market. We are very honored to be the only
HCM provider on the list,” added Scherr.

All of us at Ultimate want to extend our congratulations to our customers that
also made FORTUNE’s 2013 Best Companies to Work For list. Some are: Baker
Donelson, Camden Property Trust, The Container Store, Google, JM Family
Enterprises, NuStar Energy, Perkins Coie, and Quicken Loans—with a special
congratulations to Google for ranking #1 for the last two years.

Ultimate develops, supports, and distributes cloud technology solutions for
human resources, payroll, and talent management to companies of nearly all
sizes in diverse industries. Ultimate helps organizations manage their
workforces strategically and cost-effectively by providing business
intelligence analytics and administrative functionality in such areas as
talent acquisition and onboarding, human resources management and compliance,
benefits management and online enrollment, payroll, performance management,
salary planning and budgeting for compensation management, succession
management, career development, and time and attendance management.

Previous to our current ranking of #9 on FORTUNE’s 2013 list, Ultimate was
ranked #25 on the 2012 FORTUNE list and #1 on the medium-size company list of
“Best Places to Work” in both 2008 and 2009 by The Great Place to Work
Institute, the same organization that evaluates companies for the FORTUNE
list.

The full 2013 list is available today exclusively on FORTUNE’s iPad App. The
2013 list and related stories will appear on FORTUNE’S Web site tomorrow
morning, January 17, at www.Fortune.com/BestCompanies and in the February 4
issue of FORTUNE magazine, which will be at newsstands on Monday, January 21.

                           About Ultimate Software

Ultimate is a leading cloud-based provider of people management solutions,
with more than 10 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, and talent 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 1,600 professionals focused on developing
the highest quality solutions and services. In 2013, Ultimate was ranked #9 on
FORTUNE'S “100 Best Companies to Work For” list. Ultimate has more than 2,500
customers with employees in 115 countries, including Adobe Systems
Incorporated, Culligan International, Major League Baseball, The New York
Yankees Baseball Team, Pep Boys, 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 on Twitter: www.twitter.com/UltimateHCM

Follow Ultimate Software on LinkedIn: http://linkd.in/UltimateHCM

Contact:

Ultimate Software, Weston
Public Relations Contact: Darlene Marcroft, 954-331-7444
darlene_marcroft@ultimatesoftware.com
or
For Sales Information:
Ultimate Software, 800-432-1729
Web site: www.ultimatesoftware.com