ORIX Venture Finance Provides $5.5 Million Financing to WorkForce Software, Inc.

LIVONIA, MI, Jan 22 (MARKET WIRE) --
WorkForce Software, Inc., a leader in workforce management solutions, announced
today that ORIX Venture Finance has provided it with $5.5 million in
financing for growth and expansion. WorkForce Software has grown 221% in the
last 3
years and has received several high-growth-company awards in 2007, including
Software Magazine's Software 500, the Inc. 5000, and Entrepreneur's Hot 500.

Applications that manage the thousands of interactions between employees and
employers are rising to the top of organizational priorities, because they can
significantly reduce the risk of regulatory non-compliance and minimize waste
in the payroll process. WorkForce Software has experienced rapid growth by
offering
its EmpCenter suite of applications, which automate those core business
interactions. Industry analysts have identified the workforce management
applications market as one of the more rapidly growing sectors of Human
Capital Management (HCM) applications.

"The human capital management software market is growing more than twice
asfast as the enterprise application market as a whole. We expect it will pass
the $10 billion mark within five years as fundamental shifts in the global
workplace demand that companies invest in their employees and
personnel-related business improvements and systems," said Christa Degnan
Manning, Marianne D'Aquila, and Karen Carter in the June 2007 AMR Research
Report,
"The Human Capital Management Market Sizing Report, 2006-2011."

Technology investment firms prefer opportunities in stong high-growth
markets,
especially when the company in question displays other characteristics of
success. "WorkForce Software has the right qualities for our selection
process -- a good performance record, solid management team, and a sound
strategy for growth," said Ray Boone, Principal of ORIX Venture Finance. "We
feel
fortunate to work with such a well-run organization and are confident of
their ability to achieve even more success in the future."

Kevin Choksi, CEO of WorkForce Software, added, "We felt that now was the
right time to enlist the support of a financial partner to help take our
company to the next level. With backing from ORIX, we are sure of our
ability to strengthen our position in our existing markets, expand into
newones, and add valuable new products and services for our customers."

About ORIX Venture Finance

ORIX Venture Finance provides enterprise financing to mid- and late-stage
venture
capital-backed companies via acquisition financing, expansion capital, working
capital term loans and credit lines, and equity co-investments. The Venture
Finance team, staffed with highly seasoned venture lending professionals, meets
the challenges facing growth companies by structuring flexible financing
packages
that meet your unique needs. We are a stable and reliable partner dedicated
to supporting the growth and success of professionally backed companies with
a range of debt products. For more information, visit
www.orixventurefinance.com.

About WorkForce Software

WorkForce Software, Inc. is a leader in workforce management systems for
mid-sized and large employers. Its EmpCenter system automates and streamlines
interactions between the employer and its workforce. Interactions include time
entry, time-off requests, request for personal information, and schedule
preferences. By automating these interactions, organizations can better manage
payroll
processing costs, help ensure compliance with state and federal regulations, and
increase the productivity and satisfaction of their employees. The EmpCenter
suite is composed of numerous applications, including Time and Attendance,
ActivityBased Costing, Multiple Assignments, Accruals and Absence Manager, FMLA
Manager, and WorkForce Reporting. WorkForce Software's diverse customer base
includes large employers such as DTE Energy, the University of California,
the City of Raleigh, Vivendi Universal Games, and Compass Bank. For more
information, visit www.workforcesoftware.com.

Copyright (c) 2008 WorkForce Software, Inc.

Media Contacts:

Melissa Diemert
Director of Marketing
WorkForce Software, Inc.
Email Contact
(734) 742-3594

Michelle O'Brien
Communications Manager
ORIX Venture Finance
Email Contact
(212) 497-7802

Copyright 2008, Market Wire, All rights reserved.

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