Time/Attendance System uses biometric fingerprint scanner.

Press Release Summary:

Supporting Ethernet, USB, or serial connection to master computer, Pyramid TimeTrax Bio Generation II enables one-touch time and attendance tracking for identifying any employee by their unique fingerprint. Scanner even works in harsh work environments, where fingers can be callused or contain contaminants such as grease or dirt. Other capabilities include export compatibility with major payroll systems as well as automatic overtime and holiday/bonus pay calculation.

Original Press Release:

Pyramid Launches TimeTrax Bio Generation II

MERIDEN, Conn., May 6 -- Pyramid Technologies (http://www.ptitime.com/), an established leader in manufacturing Time and Attendance products, is launching the Pyramid TimeTrax Bio Generation II, an innovative biometric system that features a new and improved sensor for fingerprint reading. The first generation of Pyramid's TimeTrax Bio was released in January 2007. The new Generation II offers all the same features as its predecessor with one-touch time and attendance tracking for instantly identifying an employee by their unique fingerprint. The system eliminates swipe cards, badges, paper time cards, and costly buddy punching because employees punch in and out at the terminal with the swipe of a finger.

"We are excited to offer our customers the Pyramid TimeTrax Bio Generation II system. Our new and improved sensor has been engineered and fine-tuned to deliver quality fingerprint images," stated Manny DaSilva, Vice President, Sales and Marketing, Pyramid Technologies. "In harsh work environments, fingers can be callused, or contain contaminants like grease or dirt that can change the reflective properties of the fingerprint. It takes a well-engineered scanner like the one Pyramid has engineered to handle any possible variations."

Pyramid TimeTrax Bio Generation II offers these convenient features:

-- Improved scanner for hard-to-read fingerprints
-- Biometric fingerprint-scanning technology to eliminate buddy punching
-- Ethernet, USB, or Serial connection to master computer
-- Accommodates 50-employee capacity, upgradeable to 6000 for Ethernet version, and 75 employees (upgradeable to 150) for USB/Serial versions
-- Ethernet version is LAN and WAN compatible with multi-time zone functionality and can work with an unlimited number of Pyramid TimeTrax Ethernet terminals
-- Exporting compatibility with major payroll systems including: ADP, PAYCHEX, QuickBooks, Excel, and more
-- Calculates overtime automatically, including: time-and-a-half, double-time, special Saturday, Sunday, or 7th day overtime work rules
-- Special Pay Categories for sick time and vacation time
-- Holiday or bonus pay automatically paid globally or to select employee groups
-- Compact, streamlined desktop design; optional wall bracket and hardware is available at an additional charge
-- Easy-to-read, large LCD displays time, date, and employee name
-- 1-yr. mfr. limited warranty w/free product replacement, 90-day free software support
-- Size: 2.3"Hx5.75"Wx4"D, Weight: 1 lb.

About Pyramid

For nearly 40 years, Pyramid Technologies has provided cost-conscious time keeping solutions for businesses of all sizes and from a variety of industries. Headquartered in Meriden, Connecticut, Pyramid manufactures products that range from simple, inexpensive mechanical time recorders to sophisticated time and attendance solutions and GPS synchronized wireless clock systems. Pyramid carries a number of accessories to support its payroll time recorders, including: card racks, badge racks, and time cards. In addition, Pyramid's clock line ranges from simple and inexpensive commercial wall clocks to networked digital system clocks. To learn more about Pyramid's TimeTrax Bio Generation II, please visit http://www.ptitime.com/.

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