Lincoln Financial Group Selects Ultimate Software’s UltiPro® for Human Capital Management

Ultimate Software (Nasdaq:ULTI), a leading provider of unified human capital management SaaS solutions for global businesses, announced today that Lincoln Financial Group, a premier financial services and insurance company with $164 billion in assets, has selected the UltiPro solution for comprehensive people management through the convenience of SaaS and to better meet strategic business objectives.

Prior to selecting UltiPro, Lincoln Financial’s human resources team was using a variety of systems to manage employee-related processes. Because the technologies were not integrated and the data was not easily available for reporting, the HR team was not satisfied with its ability to deliver timely, accurate, and comprehensive business intelligence to the organization. As Lincoln’s HR technology solutions became less able to meet its business needs, the HR team moved forward with an extensive market analysis for a unified HCM provider, ensuring that business requirements would be met in the short- and long-term. The company selected UltiPro in June 2011.

"Ultimate’s SaaS platform for unified HCM will serve our organization’s needs by allowing us to focus our full attention and energy on meeting strategic business objectives. Our HR technology partner has to focus on providing rapid deployment of solutions that will support our goals,” said Lisa M. Buckingham, chief human resources officer at Lincoln Financial Group. "Ultimate Software has a proven reputation for developing long-term customer partnerships and an aggressive development roadmap. Both were critical to us.”

It also was important to Buckingham and the decision-making team that its new HCM solution serve the entire organization — not just HR. In addition to giving Lincoln Financial’s large employee population 24-7 access to their own HR information, Buckingham wanted the company’s managers to have fast access to real-time reporting that would be intuitive yet powerful.

"We wanted to create an employee experience with HR technology that feels contemporary and streamlined, and that provides immediate answers to personal and business needs. We’re looking forward to putting human capital business intelligence in the hands of our managers so that they can make better decisions about their talent and staff-related processes,” said Buckingham.

The decision-making team also wanted to ensure its HCM platform gave the organization the right capabilities to achieve future strategic objectives. "We want to deliver scorecards that help us not just look back, but help us project forward, which can only be done with business information that is available through unified HCM. We believe that partnering with Ultimate Software will give us the right technology to achieve our strategic plans,” said Patricia Insley, senior vice president of HRMS strategy and the lead for the system integration.

"Businesses should not have to sacrifice ease of use, simplicity, and an enjoyable user experience to have a powerful, innovative HCM solution. With our exclusive commitment to the HR industry, UltiPro understands how to deliver both advantages,” said Greg Swick, chief sales officer for Ultimate Software. "UltiPro’s delivery in the Cloud is particularly effective because of its convenience for the end-user, the IT organization, and the impact it can deliver across the business as a whole. With Ultimate Software, companies like Lincoln Financial can rely on an HCM vendor with more than two decades of experience with hundreds of thousands of employees’ data live in its SaaS environment.”

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $164 billion as of June 30, 2011. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability, and dental insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of the company’s most recent SEC reports containing its balance sheets, visit www.LincolnFinancial.com.

About Ultimate

Ultimate is a leading provider of unified human capital management (HCM) Software-as-a-Service (SaaS) solutions for global businesses. Ultimate’s award-winning UltiPro^® solutions deliver the functionality businesses need to manage the complete employment life cycle from recruitment to retirement. Based in Weston, FL, Ultimate employs more than 1,200 professionals who are focused on developing the highest quality solutions and services. In 2010, Ultimate was named an Optimas Award winner by Workforce Management magazine. In 2009, Ultimate was awarded first place in the People’s Choice Stevie^® competition for Favorite New SaaS Product and was ranked the #1 best medium-sized company to work for in America by the Great Place to Work^® Institute for the second consecutive year. In 2010, Ultimate’s security practices were recertified for ISO/IEC 27001, and Ultimate was the first HR SaaS vendor to be ISO/IEC 27001 certified in 2008. Ultimate has approximately 2,200 customers representing diverse industries, including such organizations as Adobe Systems Incorporated, The Container Store, Culligan International, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, and Ruth’s Chris Steak House. More information on Ultimate’s products and services 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.

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