Press Room
Journyx Unveils Release 5 of Its Award-Winning Workforce Management Family of Products

Newest version again raises the bar for Journyx Timesheet

AUSTIN, Texas, USA, June 5, 2002 — Journyx today announced general availability of version 5.0 of its market leading Journyx Timesheet^TM product. The release enables Journyx to continue delivering robust web-based software solutions which bridge the gap between Project Management, Payroll and Accounting applications to provide an immediate return on investment for its customers. Journyx Timesheet 5.0 has been designed to provide companies with fast ROIs and a competitive advantage by automating those business processes which involve their most expensive and valuable asset - people. Version 5.0 will quickly become an indispensable productivity solution for any business that seeks to effectively leverage its knowledge workers.

Key new features include:

• Project & Client Approvals — Version 5.0 reaches beyond the traditional concept of choosing either project-leader time and expense approvals, or HR manager time and expense approvals, by being the first offering on the market to offer both at the same time. The new set of features for projects and/or cost centers permits approval and notification processes that can be configured to adhere to even the most complex organizational requirements.
• Expanded Internal Reporting Engine — With Version 5.0, Journyx is introducing its new multi-dimensional Internal Reporting Engine allowing an even greater degree of real-time business analysis, as compared to previous versions. This fully-integrated Cube Reporting feature enables dynamic drilling down, summarization, and data manipulation capability to provide multi-dimensional graphical analysis of the true costs of running the 21st century enterprise.
• Enhanced User & Project Management Interface — Improved navigation and customization of key User and Admin areas throughout Version 5.0 provide organizations more convenient and efficient management of work-related activities and complex hierarchical project structures.

"As a full service knowledge management provider, we provide scalable solutions and integration services to companies around the world," said Jared Stile, Controller of KSolutions. "Timesheet 5.0 allows our consultants complete web access and now gives our project managers the ability to review and approve all project related activity in one step. Version 5.0 has had an immediate impact on reducing administrative costs and increasing the speed at which we generate invoices."

"Our customers are completely changing the way they do business. With Journyx Timesheet, we allow them to recognize and focus on those areas which are most profitable to them by enabling the planning, tracking and delivering of projects. That's really the bottom line," says Curt Finch, CEO of Journyx. "With the enhancements available in Version 5.0, we can now offer an even faster and greater return on investment."

The latest release of Journyx software continues to complement other software solutions, such as Microsoft Project and ADP Payroll, as well as providing seamless integration with hundreds of existing payroll, human resources & ERP systems.

About Journyx
Journyx is fundamentally transforming how people do their daily jobs, by automating labor-intensive, paper-based processes with a superior, web-based solution. Founded in 1996, Journyx provides web-based employee relationship management software and its flagship offering, Journyx Timesheet^TM has captured 68 percent of the market in its space. Journyx has thousands of customers worldwide including IBM, Cisco, GE, and Schlumberger. Journyx solutions are available both on an ASP and a standard license basis. For more information, contact Kevin Tap at (512) 834-8888 or kevin@journyx.com.