Journyx Reports Sales Increase of 27 Percent in 2007; Launches Two New Products

CEO Expects 2008 to Be Best Yet Based on Momentum of Last Year

AUSTIN, TEXAS (February 11, 2008) – Journyx today announces that 2007 was a record-breaking year for the company, with sales increasing by 27 percent and the launch of two new products: Timesheet 7.6 and Customer Cost Tracker. Journyx rounded out the year with its second annual Excellence in Project Accounting Philosophy Essay Scholarship and the publication of CEO Curt Finch’s book, “All Your Money Won't Another Minute Buy: Valuing Time as a Business Resource”.

Journyx Timesheet 7.6

In December, Journyx launched the latest version of its flagship timesheet software, used by thousands of customers worldwide for employee time tracking and project accounting. The newest version enhanced time and expense entry screen usability, leave request approval management, and reporting and administration.

Customer Cost Tracker

In October, Journyx launched Customer Cost Tracker, a new tool that allows consulting and other service-based organizations to understand the costs of servicing their customers. With little to no IT maintenance costs and a price tag of $5 per user per month, organizations of all sizes can sign up and begin tracking this critical information.

Excellence in Project Accounting Philosophy Essay Scholarship

Following the success of its first scholarship contest last year, in which Journyx chose university student Rocco Costa to win $500 toward college tuition and fees, Journyx launched a second scholarship contest in September. University students in the United States are encouraged to submit a thousand word essay to compete for the $500 prize.

“All Your Money Won't Another Minute Buy: Valuing Time as a Business Resource”

CEO Curt Finch’s first book launched in August, offering ways in which a time accounting platform can promote growth and lead a company to higher corporate profitability. Finch applies his experiences and subsequent knowledge in an effort to educate business professionals on the needs of today's knowledge worker economy, as well as where it is going in the future.

“This year, Journyx will increase staff significantly in all areas of the company, but particularly in engineering,” says Finch. “Also, we will release multiple new products aimed at enabling knowledge worker companies to more deeply understand where their profits come from and how to become more effective at garnering them.”

About Journyx

Journyx is the first company to provide Web-based time-tracking and project accounting solutions that guide customers to per-person, per-project profitability. Customers include American Airlines, Bayer, AC Nielsen, L'Oreal and Schlumberger. For more information, go to www.journyx.com/company/about.html.

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