Lathem Releases PayClock® Pro Version 4 and PC400TX Ethernet Terminal

Fully Networkable System Ideal for Larger Employers with Multiple Managers

Atlanta, Ga. - Aug 22, 2005 Lathem Time Corporation, one of the world's leading designers and manufacturers of time and attendance products for small business, has released PayClock® Pro Version 4, a complete time and attendance system for multi-faceted organizations.

PayClock Pro Version 4 is designed to accommodate the complex payroll and attendance rules of larger organizations, as well as the varying rules between different groups of employees within an organization.

Network Ready
Features of PayClock Pro Version 4 include support for up to 1,000 employees, access for up to 24 users, and local area network compatibility. The software can now be installed on a server and accessed from different workstations. It also allows database backups, key processing, and security management on a secured server. Additionally, Pro Version 4 supports multiple terminals. Users may now add additional PC100s or PC400s to place terminals closer to work places and facility entrances.
Pro Version 4 also supports up to 50 definable breaks including paid, unpaid, fixed or flexible. It also provides support for QuickBooks 2005, providing seamless integration with QuickBooks Pro, Premier and Enterprise edition products. "This integration ensures employees' pay codes and payable hours are up to date and synchronized between the two applications, making payroll preparation fast, easy, and accurate," said Philip Seagraves, director of business development for Lathem Time.

The software also supports rotating schedules and multiple pay periods. An expanded report library, with over 40 standard reports, helps larger, more complex organizations keep abreast of important payroll- related costs.

PayClock Pro Version 4 also provides support for Lathem's PC400 TX Ethernet Keypad Terminal Upgrade. With the PC400TX terminal, users can swipe their existing badges and tap into their existing Ethernet network cabling.

"PayClock Pro Version 4 expands Lathem's lead in the automated time and labor management industry by introducing more options and easier connectivity to help larger businesses proactively manage labor costs," Seagraves said. "PayClock Pro provides the extensive reporting features and application interfaces necessary to share data seamlessly among different groups and employees throughout a business, creating an environment where workers are more productive and decision makers are more informed."

About Lathem Time
Headquartered in Atlanta, Ga., Lathem Time is one of the world's leading designers and manufacturers of time and attendance products for small business. The company specializes in mechanical and automated employee time and attendance tracking systems. Founded in 1919 by George Lathem and his son Louie Lathem, Sr., Lathem Time remains a family-owned and operated company with 175 employees. Over 300,000 companies worldwide use a Lathem timekeeping product for managing their business. More information on Lathem and PayClock EZ can be found online at www.lathem.com.

Website: http://www.lathem.com

Philip Seagraves
Lathem Time
Director, Business Development
email: info@lathem.com
phone: 800-241-4990

Lathem and PayClock are registered trademarks of Lathem Time Corporation. Paychex, Paylink and Preview are registered trademarks of Paychex Incorporated. QuickBooks is a registered trademark of Intuit Incorporated. ADP is a registered trademark of Automatic Data Processing. Other names may be the trademarks of their respective owners.

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