Intelligent SaaS Maximizes Employer Benefits: WebApps Secures New Strategic Partnership With KnowledgeSum

BRIDGEWATER, N.J. —September 7, 2006— WebApps, Inc., a leading provider of Software-as-a-Service (SaaS), with a major push in Time and Labor Management, announced its newest strategic partnership with NJ-based SaaS service provider, KnowledgeSum. The partnership was secured with the goal of offering a comprehensive Time and Labor Management solution through KnowledgeSum’s premier product line KSUM, and marks substantial growth in WebApps’ partnership circle.

WebApps’ channel of partners nationwide has more than doubled in 2006, with expectancies of maintaining that rate of growth well into 2007. This expansion provides the framework for WebApps to become a powerhouse in terms of offering On Demand services in a broad range of industries. “Solutions offered via SaaS are rapidly gaining popularity, with a growing interest in the Time and Labor Management field. WebApps’ ability to secure many strategic partnerships in a short period of time is further proof the SaaS solutions we offer deliver value,” stated WebApps CEO Bill Loss. “We are looking forward to establishing and maintaining benchmarks within the SaaS space, part of the software industry that is gaining more recognition and exposure these days.”

KnowledgeSum, a provider of On Demand Time and Labor Management applications, has selected to offer WebApps’ labor-focused software as their primary solution to end-users. “We were seeking a private label solution that combined a powerful features set, ease of use, and flexibility. WebApps’ cutting edge technology embodied all of these requirements,” said Rachel Lyubovitzky, KnowledgeSum’s CEO. “Synergy helped to combine WebApps' proven SaaS technology with KnowledgeSum’s expertise in the Human Resources field and solidified our roadmap for creating a more efficient workplace.”

The largest corporate expenditure today is managing employee time and labor. Automating this process is becoming more important in preserving the resources available to an organization. Through automation, a company can:
- Reduce labor costs by 5 to 10% in organizations with a large number of hourly workers – Gartner
- Reduce time misappropriation (long lunches, early departures, late arrivals), which accounts for up to 4.08 hours per week – American Payroll Association.
- Reduce payroll preparation time and timesheet review time by up to 80%. Average timesheet review takes up to six minutes. With an automated system, timesheet review takes approximately one minute – American Payroll Association.


About WebApps, Inc. -
WebApps is a leading developer of web-based business applications for improving human productivity and organizational processes in the workplace. Delivering Software-as-a-Service (SaaS), client sensitive data is collected, processed, and stored remotely without the need for technical resources on site. Software features are easily expanded or scaled back, making it easier to support a variety of size and industry specific clients with a single platform. Under a pay-as-you-go model, clients gain access to software that is more intuitive, easier to deploy, and offers lower total cost of ownership than client-installed software - www.SaaS.com.

About KnowledgeSum, Inc. -
Bringing together over 30 years in the labor management industry, KnowledgeSum has adopted the Software-as-a-Service (SaaS) model to deliver top of the line labor management and scheduling services that are powerful, secure, auditable, and intuitive solutions to empower organizations. KnowledgeSum offers robust delivery through in-depth training, dedicated customer support, and SCIF-level security and stability – www.knowledgesum.com.

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