7,000-Employee Cumberland Farms Selects Ultimate Software’s UltiPro® Delivered through Software-as-a-Service

Weston, FL, February 24, 2009 — Ultimate Software (Nasdaq: ULTI), a leading provider of end-to-end strategic human resources, payroll, and talent management solutions, announced today that Cumberland Farms, Inc. has selected Ultimate Software’s UltiPro for comprehensive human capital management (HCM) and talent management, delivered through Ultimate’s software-as-a-service (SaaS) delivery model.

With a network of 650 retail convenience stores and gas stations, and a support system that includes petroleum and grocery distribution operations, Cumberland Farms had outgrown the in-house solution it had been using. Human resource leadership wanted to find an HCM solution that would maximize the HR department’s strategic contributions to the company. After the team completed an extensive and thorough due diligence, Ultimate’s SaaS offering was unanimously selected in December 2008.

“During our analysis, we investigated Ultimate’s solution, vision, and service, and found the company had a proven history of success. Of the options we reviewed, we found UltiPro to be the most comprehensive, flexible, and intuitive solution hands down,” said Patti Firing, vice president of human resources for Cumberland Farms. “We look forward to deploying UltiPro so we achieve savings and efficiencies.”

“UltiPro through SaaS benefits businesses of any size,” said Greg Swick, chief sales officer for Ultimate Software. “With the SaaS model, human resources and payroll staff, like the team at Cumberland Farms, can take advantage of comprehensive functionality without needing to commit IT resources to the project. I believe all businesses can benefit from our combination of leading HCM functionality and award-winning IT services.”

About Ultimate Software

A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate markets its award-winning UltiPro products as on-demand services through software-as-a-service (SaaS) and as on-premise software. Based in Weston, FL, the Company employs more than 900 professionals who are focused on developing the highest quality products and services. In 2008, Ultimate was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management, was named the #1 “Best Product Development Team” in the nation by the American Business Awards, and was ranked the #1 best medium-size company to work for in America by the Great Place to Work® Institute. Ultimate has more than 1,700 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, Nintendo of America, Ruth’s Chris Steak House, and Sony Music Entertainment. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com.