DCAA Compliance Simplified With New Online Solutions

FOR IMMEDIATE RELEASE

SAN FRANCISCO, June 16, 2005 — Clicktime.com today announced the release of their DCAA Compliance module, a solution built directly into the popular web timesheet service, conforming to the requirements set forth by the U.S. Department of Defense’s (DoD) Defense Contract Audit Agency (DCAA).

Alex Mann, Clicktime.com’s CEO said, “We recognize the critical logistical challenges that contractors face. With our regulation compliant module, we’re offering a streamlined solution that adds value to our already-robust timesheet management system.”

Ever-increasing rules and regulations make for more complicated procedures in securing and executing government contracts. Software solutions such ClickTime Web Timesheet allow contractors to save significant time in implementing compliant time and expense management. It is in the best interest of contractors to maintain records that adhere to regulations before a potential audit occurs.

“We’ve carefully developed our timesheet solution to ensure that our product meets the requirements set forth by the Defense Contract Audit Agency. Our Audit Trail promotes information integrity by logging all revisions made to critical labor and cost accounting data,” said David Brockman, ClickTime’s Product Manager.

Pricing and Availability
ClickTime Web Timesheet is available as a hosted application (Software as a Service). It is available immediately and is priced starting at $10 per person per month. More information and a 30-day trial are available at http://www.clicktime.com.

About Clicktime.com, Inc.
Clicktime.com is an application service provider (ASP) offering highly usable applications to businesses in over 40 countries. Its flagship product, the ClickTime Web Timesheet, has been the web’s easiest way to track employee time and expenses since 1997. Clicktime.com’s customers include Visa, Xerox Canada, Emerson Motors, Royal Bank of Canada, and hundreds of small and large organizations worldwide. More information can be found at http://www.clicktime.com.

Note to Editors: About Defense Contract Audit Agency (DCAA)
The Defense Contract Audit Agency operates under the direct authority of the United States Under Secretary of Defense and is staffed with over 4,000 employees. The DCAA provides standardized government contract auditing services, as well as accounting and financial advisory services. More information is available at http://www.dcaa.mil.

###

ClickTime is a registered trademark of Clicktime.com, Inc. All brands, products and services referenced herein are the trademarks or registered trademarks of their respective holders.