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Ultimate Software Receives EU-US Privacy Shield Certification from U.S. Department of CommerceUltimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that it has been certified by the U.S. Department of Commerce to the new EU-U.S. Privacy Shield Framework. The framework requires that companies meet stronger obligations to protect the personal data of Europeans, and replaces the EU-U.S. Safe Harbor, with which Ultimate was already compliant. "We are pleased to adopt the EU-U.S. Privacy Shield Framework to demonstrate our commitment to robust EU-U.S. cross-border privacy," said Adam Rogers, chief technology officer at Ultimate. "Protecting our customers is our top priority, so we employ forward-thinking technologies, teams, tools, and processes to safeguard their data." While joining the Privacy Shield Framework is voluntary, a public commitment to comply with the Framework's requirements makes them enforceable under U.S. law. The Framework provides transparency regarding how participating companies use personal data, strong U.S. government oversight, and increased cooperation with EU data protection authorities (DPAs). Ultimate Software has also been awarded a TRUSTe privacy certification that verifies Ultimate's strict compliance with the EU-U.S. Privacy Shield Framework, and commitment to privacy and security. Companies worldwide rely on TRUSTe to minimize compliance risk and protect their brands. About Ultimate Software Ultimae is a leading provider of cloud-based human capital management (HCM) solutions, with approximately 30 million people records in the cloud. Ultimate's award-winning UltiPro delivers HR, payroll, talent, and time and labor management solutions that connect people with the information they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and employs more than 3,300 professionals. In 2016, Fortune ranked Ultimate #1 on its list of 10 Best Large Workplaces in Technology and #15 on Fortune's 100 Best Companies to Work For list, Ultimate's fifth consecutive year to be ranked in the top 25. Ultimate was also ranked #8 on Forbes magazine's list of the 100 Most Innovative Growth Companies and ranked #1 in customer satisfaction in G2 (News - Alert) Crowd's Summer 2016 Core HR Software Grid report, based on user reviews. In 2015, Ultimate was named among InformationWeek's Elite 100, honoring innovation in business technology, and recognized as a "Leader" in Nucleus Research's HCM Technology Value Matrix. Ultimate has more than 3,400 customers with employees in 160 countries, including Bloomin' Brands, Culligan International, Feeding America, Major League Baseball, Pep Boys, SUBWAY, Texas Roadhouse, and Yamaha (News - Alert) Corporation of America. More information on Ultimate's products and services for people management can be found at www.ultimatesoftware.com. UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners. Follow Ultimate Software on Twitter (News - Alert): www.twitter.com/UltimateHCM and on LinkedIn (News - Alert): http://linkd.in/UltimateHCM
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