Patersons HR and Payroll Solutions and CEO Karen Paterson Named Finalists in 2010 Fast Growth Business Awards

RALEIGH, NC and SALISBURY, UK--(Marketwire - March 18, 2010) - Patersons HR and Payroll Solutions, a leading global HR and payroll software and services business that can deliver expert solutions to clients in more than 160 countries, today announced that both the company and CEO Karen Paterson have been short-listed as finalists for the 2010 Fast Growth Business Awards, which honor the U.K.'s fastest growing businesses and the people who run them.

Patersons HR and Payroll Solutions is a finalist for the International Business of the Year Award, and Karen Paterson is a finalist for Female Entrepreneur of the Year. Organised in conjunction with Growing Business Magazine, the winners of the awards will be announced at a celebratory event on Wednesday, 14 April at the London Marriott, Grosvenor Square. As a finalist in one of the award's 14 categories, Patersons also is eligible to win the T-Mobile Fast Growth Business of the Year Award.

In the past year, Patersons has racked up a number of accolades -- most recently receiving the Global Outlook and Expansion Award for the company and the Entrepreneur of the Year Award for Ms. Paterson at the CBI Growing Business Awards 2009 ceremony. The company also was named to the Deloitte Technology Fast 500 EMEA 2009 list, a ranking of the 500 fastest growing technology companies in EMEA (Europe, Middle East and Africa).

"It is an honor to be chosen as a finalist in two categories for the Fast Growth Business Awards 2010," said Ms. Paterson. "I credit much of our success and double-digit growth in 2009 to our ability to provide a Software-as-a-Service solution that allows for maximum scalability and flexibility during these challenging economic times. As our economy begins to stabilise, we expect another bright year for Patersons, especially as multi-national companies continue to turn to us for our unique global HR and payroll solutions."

Additional information about the Fast Growth Business Awards is available at: www.fgba.co.uk/.

About Patersons HR and Payroll Solutions

Headquartered in Salisbury, U.K. with offices in the U.S., central Europe and Asia, Patersons HR and Payroll Solutions is a leading global HR and payroll software and services business delivering expert solutions to clients in more than 160 countries. The Company's secure Internet-based software as a service is multi-currency and multi-lingual (covering over 30 languages), features an easy-to-use interface, supports fast implementation times and facilitates integration with existing systems. Patersons HR and Payroll Solutions differentiates itself by: one contract, one software solution, one enterprise interface and one cohesive system approach. As a result, Patersons has proved the impossible by being able to run multi-jurisdictional payroll rules for multiple clients on one database and one instance of source code worldwide.

More information and contact details can be accessed at www.patersons.net.