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Empagio Releases Version 6.0 of Industry-Leading HR Solution
Atlanta , Georgia (August 15, 2006) - Empagio, Inc., a unit of HALO Technology Holdings, Inc. (OTCBB: HALO), today announced the release of Empagio 6.0, the latest advancement of its industry-leading, web-based human resources, payroll and benefits administration platform. Empagio 6.0 offers enhanced employee self-service (ESS) and manager self-service (MSS) tools, as well as improved functionality to manage complex HR and payroll rules.
Early customers have embraced the new release. Three companies have conducted beta tests of the new release, and all have proven successful. In particular, the City of Lincoln, Nebraska conducted a beta test spanning three months and praised Empagio for the high quality of its technology, training and customer service. Lincoln initially wanted to upgrade the quality of its HR service delivery to employees and managers, but recent cuts had left little room in the budget for increased investment. In addition, Lincoln needed a solution that could handle the myriad of union and government agency rules that impacted its HR and payroll delivery.
Empagio 6.0 proved to be an ideal solution to meet Lincoln's needs. Empagio's ESS and MSS tools allowed the city to provide greater HR data access to its workforce - simultaneously improving service quality and decreasing the burden on its internal HR workforce. Not only was Empagio 6.0 powerful enough to handle the city's most complex HR and payroll requirements, but it was also cost-effective enough to fit in Lincoln's new budget. The beta was judged to be a resounding success for both parties.
Terry Lowe, Systems Coordinator for the City of Lincoln, gave high marks to Empagio and is eager to bring the new functionality into production. "I am very pleased with the results from the beta test of Empagio 6.0," said Mr. Lowe. "The new functionality met all of our business goals and worked as promised. Even more importantly, our team raved about the quality of the training they received and, as a result, were up and running on the beta system in no time. It's refreshing to work with a company that is so passionate and committed to their customers' happiness. We believe that Empagio 6.0 will have an immediate impact here at the City of Lincoln and we want to build off the success of the beta and use this momentum to carry us right into a production version of Empagio 6.0."
About Empagio
Empagio provides HR outsourcing services that enable a faster, more predictable transformation of the HR function from mostly tactical to a greater level of strategic execution. While Empagio assumes the tactical administration of HR transactions, it more importantly provides clients the roadmap and platform to develop a more strategic HR function. HR departments are more responsive to the changing needs of their organizations and employees, allowing them to provide better service at an equal or lower cost. And only Empagio provides customers the flexibility to increase the strategic nature of their HR function by implementing individual HR outsourcing components based on readiness and need. At all times, clients receive a highly passionate and responsive service team with a technology platform and self-service solutions that keep them in control. At Empagio, we turn our passion into your performance. One human resource at a time. For more information visit www.empagio.com
Empagio is owned and operated by HALO Technology Holdings, Inc., a holding company for established enterprise software companies.
About HALO Technology Holdings
HALO Technology Holdings, Inc. is a global provider of a diversified range of standards-based enterprise software applications and on-demand solutions. HALO's strategy is to acquire and operate enterprise software companies with a commitment to sustainable growth. HALO portfolio companies focus on customer service, product quality and profitability to build long term customer relationships and ensure customer satisfaction today and into the future. Everyday, thousands of corporations and institutions from across the globe rely on our portfolio companies to deliver high quality, enterprise class software and services. For more information, please see our website at www.haloholdings.com.
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. Empagio disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
Media Contacts:
Olessia Sibiriakova
Director of Investor and Public Relations
HALO Technology Holdings, Inc.
olessia@haloholdings.com
(203) 422-2950
