Ascentis Announces Its Placement on JMP Securities 2011 Hot List 100

Online, January 6, 2011 (Newswire.com) - Ascentis Corporation, provider of human capital management software, is excited to announce its placement on JMP Securities' list of The Hot 100: The Best Privately Held Software Companies. The report profiles 100 of the leading private companies in the software industry identified by the software research team at JMP Securities, a full service San Francisco-based investment bank.

Ascentis has been a proven player in the HR and Payroll space for nearly 30 years and continues to gain significant momentum in the human capital management industry. Ascentis' software suite continues to expand, as the service selection grows to include other soon to be announced components. "The flexibility, affordability, and outstanding customer support of our SaaS based software model is what today's HR and Payroll professionals demand. We strive to provide our customers with the easiest to use and best priced SaaS Human Capital Management software available. We are delighted to have been included on the JMP Hot 100" said Les Goldstein, CEO of Ascentis.

In June 2010 Ascentis launched the newest addition to its HCM offering, Ascentis Time, a powerful additional to Ascentis Payroll and Ascentis HR. Ascentis Time is designed specifically to manage timesheets online, offering labor management tools, with multiple approval levels, powerful security configurations, and extremely robust reporting. Ascentis is preparing to launch a new addition to its suite of HCM offerings in early 2011.
Ascentis has over 1,400 clients in multiple industries across the U.S., including Ghirardelli Chocolate, the Oakland A's, Mandarin Oriental Hotels, and the Pittsburgh Pirates, to name a few.