AUSTIN, Texas, Jan. 03, 2017 (GLOBE NEWSWIRE) -- Asure Software, Inc. (NASDAQ:ASUR), a leading provider of Human
Capital Management (HCM) and Digital Workplace software, has acquired Corporate Payroll Inc., (CPI). Based outside Cleveland, in
Solon, Ohio, CPI is a current reseller of Asure’s HCM solution, which provides human resources solutions that enhance
organizations, people, and profits through Payroll/HR Solutions.
With its extensive broker community, the acquisition of CPI creates a new channel for Asure’s expansion into the Midwest. Asure
will leverage CPI’s referral network to provide new clients the tools necessary to ensure the success of their most valuable
resources, their people.
“We are excited about of the acquisition of CPI, who is a current Asure HCM reseller (formerly Mangrove),” said Pat Goepel, CEO
of Asure. “I am equally excited to be partnering with CPI CEO Jim Hopkins and his team. CPI along with our newly appointed Director
of Benefit Sales, Matt Absher, will work together to grow our payroll offering to the benefit broker community. We expect this
acquisition and partnership to be accretive to our overall P&L.”
CPI clients will continue to receive the local expertise they have come to value and expect, but will now benefit from Asure’s
ability to provide the workforce and workplace management services and support of a larger organization.
Jim Hopkins, CPI CEO, said: “We are excited to partner with Asure Software as our clients are already aligned with them
directly. By scaling with a larger organization like Asure, it will better enable us to elevate our services, grow our expertise,
and offer more solutions for our clients. We are glad to be partnering with a like-minded service organization focusing on
exceptional client experiences.”
About Asure Software
Asure Software, Inc. (NASDAQ:ASUR) is headquartered in Austin, Texas with regional headquarters in London, England. Asure offers
intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company
ensures a high-performing work environment by integrating its “keep it simple” solutions and expertise to more than 7,000 clients
worldwide. Asure Software’s suite of solutions range from HCM, workforce management solutions, time and attendance to workspace
asset optimization and meeting room management solutions. For more information, please visit www.asuresoftware.com.
Asure Company Contact Stacy Zellner Telephone: 888-323-8835 x 3111 E-mail: szellner@asuresoftware.com Asure Investor Contact Matt Glover and Najim Mostamand Liolios Group, Inc. Telephone: 949-574-3860 E-mail: ASUR@liolios.com
