This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Asure Software Acquires ADI Time

Asure Software, Inc. (NASDAQ-CM: ASUR), a leading provider of workforce management software solutions, today announced that it has acquired ADI Time®, a Warwick, R.I.-based leading vendor of cloud computing time and attendance software and labor management services.

ADI Time’s solutions help companies improve the supervision of their workforces, provide better visibility into labor costs, and achieve greater operational efficiencies. Through the asset purchase agreement, Asure will now offer ADI Time’s full suite of on-site and software-as-a-service (SaaS) time and attendance solutions.

“This acquisition enables Asure to bring ADI Time’s solutions to a much larger marketplace,” said Pat Goepel, Asure's Chief Executive Officer. “ADI is focused on delivering solutions to the small market and blue collar vertical markets, which complement Asure’s iEmployee cloud-based time and attendance offering, designed to meet the needs of the mid-market and the white collar vertical markets. Together, these solutions enable us to meet growing client demands today and well into the future. We are also excited about the opportunity to offer iEmployee’s solution to the 11 ADI Time resellers and partners that come with the acquisition.”

Steven Rodriguez, Asure’s Chief Operating Officer, added: "In addition to filling an important piece of our workforce productivity offering, we have also acquired a proprietary time clock, which we think can revolutionize the market. The adiPad™ and adiTouch™ time terminals seamlessly interface with labor management subscription services and on-premise software to help organizations of all sizes automate time and attendance, lower costs, and reduce errors related to payroll processing. And, the organizations’ combined expertise will create new efficiencies and help us serve our clients even more effectively.”

For additional financial details, please refer to Asure Software’s 8-K, which will be issued later today and available at www.asuresoftware.com.

About Asure Software

Asure Software, Inc. (NASDAQ-CM: ASUR), headquartered in Austin, Texas, offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company ensures a high-performing work environment by integrating its "keep it simple" solutions and expertise to more than 3,500 clients world-wide; Asure Software’s suite of solutions range from time and attendance workforce management solutions to asset optimization and meeting room management. For more information, please visit www.asuresoftware.com.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,596.35 -350.33 -1.95%
S&P 500 2,057.64 -43.85 -2.09%
NASDAQ 4,958.4680 -122.0370 -2.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs