SOURCE: Patersons HR and Payroll Solutions

June 19, 2008 10:53 ET

Patersons HR and Payroll Solutions Expands in Asia Pacific Region; Opens New Offices in Shanghai

Rapidly Growing Provider of Global HR and Payroll Solutions Continues Expansion to Support Increasing Market Demand

RALEIGH, NC, SHANGHAI, CHINA and LONDON--(Marketwire - June 19, 2008) - Patersons HR and Payroll today announced the opening of Patersons China. With its new offices based in the Puxi section of Shanghai, Patersons China represents the company's official entrance into the growing Chinese market.

Patersons China's offices are centrally located in Xin Tian Di, where its neighbors include such organizations as Citibank and PwC. A recent Ernst & Young survey of business leaders released June 5, 2008, ranked China as the most attractive destination for foreign direct investment due to the vast undeveloped market, potential in economic growth and the capability for innovations.

Karen Paterson, founder and chief executive of Patersons HR and Payroll Solutions, commented, "As its largest and most prosperous city, Shanghai is China's commercial capital. Consistent with our company's mission to be at the forefront of opportunity, it's the ideal location for Patersons China. We're looking forward to building longstanding relationships in this market and contributing to China's economic growth."

Grace Zhu has been appointed as Regional Director, Patersons China. Patersons China is located at 15F One Corporate Avenue, 222 HuBin Road, LuWan District Shanghai 200021, P.R.China. The telephone number is +86 21 6122 1051.

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 delivering 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. More information can be accessed at www.patersons.net