REPLICON EXPANDS INTERNATIONAL PRESENCE WITH GROWING OFFICE IN TORONTO

TORONTO, ONTARIO , December 11, 2012 – Replicon, the global leader in cloud-based time tracking and management software, today announced the opening of a new Toronto office located in the center of the Yonge Street downtown commercial district. Replicon opened its first office in the Greater Toronto Area in mid-2011, but due to high customer demand and the growing interest by companies and government organizations to migrate to cloud-based applications, the company moved its office to a more central and higher profile location.

“We’re very excited about our new expansion in the Toronto market and to contribute to the vitality of the local business community,” said Raj Narayanaswamy, co-founder and co-CEO of Replicon. “We started our company in Calgary more than 15 years ago and have grown to employ more than 100 people in Canada and serve more than 900 customers in this market. We are fiercely proud of our Canadian roots and it’s gratifying to see our cloud-based time tracking and management solutions continue to expand in Canada.”

Replicon’s newly expanded Toronto office currently services leading customers in consulting, IT/technology, engineering and construction, and finance and banking such as Celestica, Flight Centre, Halogen Software, Health Canada, Ottawa Airport Authority and Sharp’s Audio Visual. With a current worldwide staff of well over 300 people the company is growing rapidly and plans to hire additional employees in Toronto over the next year.

About Replicon
Replicon is the leading provider of cloud-based time sheet software with over 1.5 million users in 70 countries. For over 15 years, Replicon has empowered thousands of companies of all sizes to increase their productivity and profitability by providing hassle-free time and expense management capabilities and superior customer service. Our growing suite of fully-integrated applications provides a complete solution for any time tracking need including professional services, IT chargebacks, project costing, time & attendance, time off and more.
Replicon’s clients include Ernst & Young, Cornell University, Health Canada, Shell, Verizon, Ferrari and Amazon. For more information about Replicon’s products and services, contact Replicon at 1-877-662-2519 (US / Canada only), send an email to [email protected], or visit http://www.replicon.com