Kronos(R) Broadens Presence in Human Capital Management Through Completion of Unicru Acquisition

"This acquisition dramatically changes how organizations managethe workforce. By combining Unicru's expertise in selecting and hiringthe highest quality people with Kronos' expertise in effectivelydeploying the workforce, we have created, for the first time, anintegrated approach to optimizing workforce performance," said AronAin, Kronos chief executive officer. "Our customers now are able toselect and hire the highest quality people and then deploy and managethem most effectively. This drives even greater labor productivity,enables them to deliver higher levels of customer service, andultimately enhances top- and bottom-line results."

Kronos will immediately begin to execute the planned integrationof the two organizations' operations and technology solutions. Unicruwill now operate as the Kronos Talent Management Division,headquartered in Beaverton, Ore. Chris Marsh, former president andchief executive officer of Unicru, is joining Kronos as president ofthe Talent Management Division. Kronos plans to continue to enhanceand expand its newly acquired base of Talent Management products andservices in Beaverton as part of its expanding portfolio of WorkforceManagement and Human Capital Management solutions.

"The acquisition of Unicru is highly complimentary for Kronossince both organizations are focused on developing solutions tooptimize workforce performance," said Lisa Rowan, program manager, HRand talent management services at IDC. "As Kronos continues to growand expand its offerings, this is a major milestone in theorganization's journey to become an even more strategic player in theHuman Resources market."

For more information about the Unicru agreement, view the July 13press release at:

http://www.kronos.com/About/pr_Unicru_jul13.htm

About Kronos Incorporated

Kronos Incorporated empowers organizations around the world toeffectively manage their workforce. At Kronos, we are experts who aresolely focused on delivering software and services that enableorganizations to reduce costs, increase productivity, improve employeesatisfaction, and ultimately enhance the level of service theyprovide. Kronos serves customers in more than 50 countries through itsnetwork of offices, subsidiaries, and distributors. Widely recognizedas a market and thought leader in managing the workforce, Kronos hasunrivaled reach with more than 30 million people using a Kronossolution every day. Learn more about Kronos at www.kronos.com.

Safe Harbor Statement

This press release contains statements about the businessprospects and estimates of Kronos' financial results for futureperiods that are forward-looking statements that involve a number ofrisks and uncertainties, including the performance estimates andstatements relating to earnings and revenue growth and profitability,Kronos' ability to realize the anticipated benefits of the pendingUnicru acquisition, the ability to close potential product salestransactions, the ability to realize revenues from the sales pipelineand backlog, market acceptance of our new products and enhancements,including those formerly offered by Unicru and AD OPT Technologies,our ability to monitor and manage discretionary costs, growth in themarket for our products and within the economy generally, andpotential acquisitions. These statements are based on management'sexpectations of future events as of the date of this press release,and Kronos assumes no obligation to update any forward-lookingstatements as a result of new information or future events ordevelopments. Actual results could differ materially from management'sexpectations. Among the important factors that could cause actualoperating results to differ materially from those indicated by suchforward-looking statements are delays in product development,including enhancements to existing products, product performanceissues, competitive pressures, general economic conditions, possibledisruption in commercial activities caused by terrorist activity andarmed conflict, such as changes in logistics and security arrangementand the risk factors detailed in the company's Annual Report on Form10-K filed with the SEC on December 9, 2005 and its quarterly reporton Form 10-Q filed with the SEC on May 11, 2006. The timing of therelease of new products or product enhancements will take place if andwhen available and at the sole discretion of Kronos.

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