Patersons HR and Payroll Solutions Named Finalist for Three Stevie Awards for Women in Business

CEO Garners One Finalist Slot, Company Garners Two


RALEIGH, NC and SALISBURY, UK--(Marketwire - November 4, 2009) - Patersons HR and Payroll Solutions, a leading global HR and payroll software and services business that can deliver expert solutions to clients in more than 160 countries, announced today that the company has been named a finalist in two categories and CEO Karen Paterson has been named a finalist in Best Entrepreneur category for the Stevie Awards for Women in Business.

Company founder and CEO, Karen Paterson, is being acknowledged for designing the world's first Web-based global payroll management system, which offers multinational companies one contract and one reliable, centralized technology platform, regardless of the number of countries or currencies involved. Ms. Paterson was past winner of a Stevie award, having been awarded the 2008 Stevie Award for Best Entrepreneur in EMEA (Europe/Middle East/Asia).

The company is also in the running for Fastest Growing Company of the Year, while Click4HR, Patersons' simple and secure offering that enables small to medium-size organizations to manage employee data online, is a finalist for Best New Product of the Year. Karen Paterson is a finalist for the Stevie Awards for Women in Business Best Entrepreneur - Service Business - up to 2,500 Employees, an award that recognizes individual women entrepreneurs for their achievements.

"Companies turn to us for reliable, affordable global HR and payroll solutions, especially in the current economy when controlling costs is more important that ever. In response to demand for our unique services, we're rapidly growing our organization in key areas, such as North America, Europe and Asia Pacific. The recognition we have received from these prominent awards programs reflects the hard work and dedication of the team at Patersons as well as our commitment to superior customer service and innovative, quality solutions. I am honored that my peers have judged me and the team at Patersons to be worthy of consideration for these awards, especially given the fierce competition," commented Karen Paterson.

Patersons has been applauded for having proved the impossible by running multi-regional payroll rules for multiple clients on one database and one instance of source code worldwide. The company has grown from meeting the payroll demands of one client to delivering world-class HR and payroll Web-based software and services around the world, around the clock, to more than 160 countries in more than 30 languages.

The Stevie Awards for Women in Business honor women executives, entrepreneurs and the companies they run -- worldwide. The Stevie Awards have been hailed as the world's premier business awards.

"Being named a Finalist in The Stevie Awards for Women in Business is an important achievement," said Michael Gallagher, president of the Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."

Nicknamed the Stevies for the Greek word "crowned," winners will be announced during a gala event at the Marriott Marquis hotel in New York on Friday, November 13. Nominated women executives and entrepreneurs from the U.S.A. and several other countries are expected to attend. The presentations will be broadcast live on radio in the U.S.A. by the Business TalkRadio Network.

Finalists were chosen by business professionals worldwide during preliminary judging. Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners from among the Finalists during final judging.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business and The Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

Sponsors of the 6th annual Stevie Awards for Women in Business (as of October 9) include the Business TalkRadio Network, Covario, Inc., and KeyBank. Localization partner of the 2009 Stevie Awards is Lionbridge.

About Patersons HR and Payroll

Headquartered in Salisbury, U.K. with offices in the U.S., central Europe and Asia, Patersons HR and Payroll is a leading global HR and payroll software and services business that can deliver expert solutions to clients in more than 160 countries. The Company's secure Internet-based software as a service is multi-currency and multi-lingual (covering over 30 languages), features an easy-to-use interface, supports fast implementation times and facilitates integration with existing systems. Patersons HR and Payroll differentiates itself by: one contract, one software solution, one enterprise interface and one cohesive system approach. As a result, Patersons has proved the impossible by being able to run multi-jurisdictional payroll rules for multiple clients on one database and one instance of source code worldwide. More information and contact details can be accessed at www.patersons.net.