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REDWOOD CITY, CA -- (Marketwired) -- 05/05/14 -- Replicon announced today that the company has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.

Replicon is changing the game by helping businesses of all sizes improve the accuracy and efficiency of their time tracking practices to increase visibility into workforce data, enhance overall productivity and profitability, and ensure a superior customer experience.

The company will present its winning strategy at the Red Herring North America Forum in Monterey, Calif., May 14 to 16, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of May 16 at the event.

"The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.

"We are honored to be named a finalist, and we thank Red Herring for choosing Replicon," said Raj Narayanaswamy, co-founder and co-CEO of Replicon. "Business today is about accelerating workforce productivity, and companies are quickly realizing the value of not only tracking employee time, but understanding how that time is spent. Replicon's guiding philosophy is that time truly is an enterprise asset, and this has driven our innovation in cloud-based time tracking solutions."

About Replicon

Replicon is the leading provider of cloud-based time tracking software. Our award-winning solutions are used by more than 1.5 million people in over 7,800 organizations across 70 countries. We help customers to better manage workforce attendance, expenses, projects, professional services teams, and shared services resources.

Our diverse customer base -- from start-ups to Fortune 500 companies -- trusts Replicon to help reduce compliance risk, keep costs down, and provide greater insight into business performance. Clients include: FedEx, MetLife, New Zealand Transport Agency (NZTA), Novartis, Orbitz, and Xerox. Replicon is a global company with employees in Australia, Canada, India, the United Kingdom, and the United States.

For more information: visit us: www.replicon.com, call us: 1-877-662-2519 (North America) or +800-6622-5192 (outside North America), or email us: info@replicon.com.