Ultimate Software Certified For Meeting Asia-Pacific Cross Border Privacy Rules (APEC CBPR)

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it was awarded certification for adherence to the principles of the Asia Pacific Economic Cooperation's (APEC) Cross Border Privacy Rules (CBPR) system. These principles encourage the development of appropriate information privacy protections, and are aimed at promoting electronic commerce throughout the Asia Pacific region.

"We have undertaken a thorough review to verify that our data privacy management practices meet each of the APEC CPBR requirements," said Adam Rogers, chief technology officer at Ultimate. "Our ability to comply with the APEC privacy framework demonstrates our commitment to strong data privacy practices and contributes to increased customer, business, and regulator trust around the globe."

The APEC Cross Border Privacy Rules (CBPR) system was developed by participating APEC economies to build trust in cross border flows of personal information. The APEC CBPR system requires participating businesses to develop and implement data privacy policies consistent with the APEC Privacy Framework. These policies and practices must be assessed as compliant with the minimum program requirements of the APEC CBPR system and be enforceable by law. Ultimate Software has been awarded certification for meeting APEC CBPR privacy rules from TRUSTe, one of the APEC's approved Accountability Agents.

About Ultimate Software

Ultimate is a leading provider of cloud-based human capital management (HCM) solutions, with more than 30 million people records in the cloud. Ultimate's award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 3,500 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on its 100 Best Companies to Work For list, the fifth consecutive year to be ranked in the top 25. Ultimate was also ranked #1 on Glassdoor's list of 25 Highest-Rated Public Cloud Computing Companies to Work For, listed #8 on Forbes' list of the 100 Most Innovative Growth Companies, and ranked #1 in customer satisfaction in G2 Crowd's Summer 2016 Core HR Software Grid report, based on user reviews. Ultimate has more than 3,500 customers with employees in 160 countries, including Bloomin' Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More information on Ultimate's products and services for people management can be found at www.ultimatesoftware.com.

UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.

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