Kronos® to Open the Nasdaq Stock Market on April 11
Rick Ketchum, president and deputy chairman of Nasdaq, will lead the ceremony. Mark S. Ain, Kronos' founder, chief executive officer and chairman, will open the market.
"Kronos has expanded far beyond the company that I started in 1977," stated Ain. "Kronos is now a software company that is widely recognized as a technology leader. We have a stellar track record of revenue growth and profitability and a customer base that includes 40,000 organizations. I am proud of our long list of accomplishments, and I would like to extend a heartfelt thank-you to all Kronos employees and business partners worldwide."
Kronos' most recent corporate milestones include:
· June 2001 release of its Web-based Workforce Central™ suite, which raised the bar for the entire labor management industry and represented the most exhilarating product development initiative in Kronos' history.
· January 2002 acquisition of the Integrated Software business of the Workforce Solutions Division of SimplexGrinnell, which strengthened Kronos' position in the mid-market.
· March 2002 unveiling of its strategy for entering the Human Resource Management System (HRMS) mid-market with an integrated, Web-based solution to help customers align their people, processes and technology to improve individual productivity and organizational performance.
The market open ceremony will be broadcast live at 9:30 a.m. Eastern on April 11 and photos will be archived on the MarketSite portion of Nasdaq's Web site at www.nasdaq.com.
Kronos Incorporated, 297 Billerica Road, Chelmsford, MA 01824. Tel: 800-225-1561; Fax: 978-256-6017.