CyberShift Named to Software Magazine's 27th Annual Software 500

PARSIPPANY, NJ--(Marketwire - September 21, 2009) - CyberShift, a global provider of workforce management and expense management software and services, today announced its inclusion on the Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 27th year. CyberShift was ranked 313. The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

CyberShift's quality workforce and expense management solutions enable companies to control the two largest variable costs for most businesses: labor and employee expenses. CyberShift Workforce Management 3G™, a Web-based, fully integrated and scalable solution, supports organizations' demanding and complex workforce management requirements. CyberShift Expense™ provides the most complete and configurable full-service solution for employee expense management.

"CyberShift's workforce and expense management solutions enable companies to increase productivity and control costs; factors that have increasingly grown in importance during these difficult economic times. Our inclusion in the Software 500 reflects our commitment to adding significant value to our clients, plus acknowledges our team's hard work and dedication," commented Robert E. Farina, CEO, CyberShift.

"The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners," commented John P. Desmond, editor of Software Magazine and Softwaremag.com. "It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software."

"The 2009 Software 500 results show that revenue growth in the software and services industry was healthy, with total Software 500 revenue of $491.3 billion worldwide for 2008 representing 8.8 percent growth from the previous year," said Desmond.

The ranking is based on total worldwide software and services revenue for 2008. This includes revenues from software licenses, maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by a survey prepared by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.

For more information and to see the complete 2009 Software 500, visit www.Softwaremag.com.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About CyberShift

CyberShift, Inc. is a leading provider of workforce and expense management software and services focused on helping mid-sized to large, complex organizations improve organizational performance and profitability. Through its integrated Workforce Management 3G™ suite, which includes time and attendance, advanced scheduling and reporting and analytics, companies can more effectively plan, manage and deploy their workforces, reduce costs and improve processes across business operations. CyberShift Expense™ automates the processing and facilitates the management of employee business expenses such as travel and entertainment and helps companies improve compliance, enforce expense policies and procedures and increase visibility into operations. Offered in both traditional license fee and Software-as-a-Service (SaaS) delivery models, CyberShift's innovative solutions have been awarded U.S. and Canadian patents. CyberShift is the first enterprise-class workforce and expense management solution provider to enable support for the BlackBerry® platform.

To learn how CyberShift's solutions can help your organization, contact CyberShift by calling (877) 274-4381 or visiting us at www.CyberShift.com.