DOVICO Software - TimeSheet Software Revenue Results show 30% Growth

Moncton, New Brunswick (January 7, 2008)

DOVICO TimeSheet Software announced today that revenues increased by an average of 30% over the last 3 years. Results were compiled from fiscal 2005 to fiscal 2007 and included total revenues from all sales and partner channels. There are two substantial areas of growth; First is the Hosted Online Software Application market place (SAAS – Software as a Service) and second, the deployment in additional departments within client organizations.

“We are always striving to create a unique management decision tool yet maintain simplicity of time sheet and expense entry, therefore making it easy for employees to accurately submit their time and expenses”, said Yves Doucet , DOVICO Software's founder and CEO. “Our customers have realized increased profits through the evolution of such ground breaking new features as ‘Project Alert Notifications'; advising clients BEFORE their projects go over budget. With such strong new features, and simplicity of use, clients are now deploying the software to different departments.”

DOVICO Timesheet recently earned the Gold Award and named ‘Best Time Management Software' and ‘Best Time Tracking Software' by TopTenREVIEWS Inc. This is the second consecutive year that DOVICO has been reviewed and received this award.

“DOVICO Timesheet offers more practical features than any other time management program on the market. Just a few of the time–tracking features will track employee hours, sick time, vacation time, holidays and overtime. This software can do anything and everything to keep track of your employees' hours”, said the TopTenReview, ”Exceptional time tracking and business management features coupled with over 136 different reports, sets this application apart and makes it the ultimate web–based software for business owners and managers.”

This type of feedback has fostered continual growth for DOVICO, which has seen an increase in staff dedicated to the quality of the product and towards the total customer experience.

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About DOVICO TimeSheet Software

DOVICO Timesheet is an award-winning time management software solution that monitors project costs, and employee time and expense sheets. This installed or hosted online (SAAS) software simplifies time tracking for billing, payroll or project management. Keeping your other systems updated with crucial business data. Integration to Intuit QuickBooks, Microsoft Project and Microsoft Project Server is included.

About DOVICO Software

As the leading developer of Time Management Software, DOVICO provides proven Time Tracking and cost saving software solutions that have been embraced by thousands of the world's best-known companies such as Wawanesa Insurance, National Geographic, McAfee Inc. and Microsoft. Established in response to the emerging global demand for enhanced operating efficiency, our easy-to-use web based hosted online timesheet software will improve your productivity, project control and profitability in 60 days… Guaranteed!

About TopTenREVIEWS

TopTenREVIEWS Inc. is the leading review Web site, featuring expert reviews for technology and entertainment products and services. The site has reviewed more than 150 categories of products and services with more than 600,000 Web pages of original content. For additional information, visit www.TopTenReviews.com

For more information on DOVICO Time Tracking Software or DOVICO TimeSheet Software please call 1-800-618-8463 (North America), 00 800 4618 8463 (International) or visit www.DOVICO.com

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