Stamp-out billing fraud and reduce wasted workplace time via billing assurance software

Released on = August 7, 2006, 9:20 am

Press Release Author = First Guarantee Inc.

Industry = Financial

Press Release Summary = Real-time client & project time tracking, auto-billing,
invoicing, more!

Press Release Body = NEW YORK, C3Expo Show -- June 27th, 2006: First Guarantee, Inc.
announced today SureTime 1.0, a new software program that promises to bring
consumers and businesses the assurance of fair and accurate billings as well as
significant increases in employee productivity. To accomplish this SureTime uniquely
combines professional time tracking in real-time with a verifiable audit trail of
activity on the computer. The software allows employers for the first time to
authenticate billable time whether it\'s coming from an on-site employee,
work-at-home telecommuter, or off-site contractor. Consumers also gain peace of mind
when an attorney, accountant, or other professional bills by the hour and employs
SureTime's unique billing assurance system.

SureTime replaces traditional time-billing software that relies on the user to
manually input the time in which he or she worked. Such software provides no
assurance that the activities performed during this time were even work related.

A recent study by AOL and Salary.com found that the average American worker admitted
to wasting over 2 hours per 8-hour workday, not including lunch and scheduled
break-time. This costs U.S. businesses over $759 billion dollars per year in lost
productivity. Surveys show the problem has only been growing worse with the
increasing prevalence of the Internet in the workplace.

Telecommuting has been another growing trend in recent years, yet many employers
remain reluctant to let employees work off-site. "Unless I'm checking in on them
hourly, how can I know whether an off-site employee spent Friday afternoon working
or playing golf?" said Brent Winters, founder of First Guarantee, Inc. "Now I'm free
to hire the best people from anywhere in the world, while offering our local
employees the advantages of working from home. With SureTime, I don't have to
sacrifice peace of mind or productivity, and we protect ourselves from potential
litigation by monitoring for illegal activities in the workplace."

What about user privacy? According to First Guarantee, SureTime always operates with
the user\'s full knowledge, running as a toolbar on his or her computer. Multiple
options exist to help balance employee privacy with company and client interests.
For example, SureTime never records passwords or the actual text typed by the user.
However, the applications and documents used, the time spent in each, and the
general level of activity are typically logged.

Unlike traditional time-keeping products, when the SureTime user returns from a
break, an inactivity window will pop up informing the person exactly how long he or
she was away. The time can then be quickly categorized and logged. With SureTime,
one no longer has to remember how long a lunch break or client meeting lasted. The
user may also review his or her log and exclude personal activities from a billing
to further increase time sheet accuracy. The log is encrypted and secured by a
password to protect the integrity of the data and to safeguard the user's privacy.

A time-saving auto-billing feature allows a SureTime user to automatically clock out
when playing solitaire or accessing a favorite news site and to clock back in after
exiting. This capability also helps to increase project tracking and billing
accuracy by automatically allocating time to designated clients, projects, or tasks
based upon the application or document used.

First Guarantee provides a free version of the software known as SureTime Reporter
to businesses and consumers. With the Reporter and a SureTime provided log file, one
can verify the accuracy of the activity and the time being billed. Therefore,
consultants, accountants, and service companies can offer SureTime logs to provide
billing assurance to their clients. Plus, company employees can use SureTime to
track time and to authenticate billable hours in the workplace or while working from
home. SureTime for Windows is $149 (Standard) or $299 (Professional). The SureTime
beta software is available now for free trial download at www.suretime.com, or by
calling 1-877-892-4040.

###

Company Background: First Guarantee, Inc. is a 15-year, privately held software
development corporation based in Saint Cloud, Florida. Originally known as
FirstPlace Software, the company pioneered the category of search engine marketing
software in 1997 with the introduction of WebPosition. After successfully marketing
the product line for seven years, First Guarantee sold WebPosition to NetIQ
Corporation in 2004 to focus on creating a new product category: billing assurance
software. With at least half of its workforce routinely operating off-site, First
Guarantee quickly became an expert in both the benefits and drawbacks of
telecommuting, thereby spurring the development of SureTime, the world's first
billing assurance software.

Web Site = http://www.suretime.com

Contact Details = Address: 951 Kissimmee Park Road, Saint Cloud
united states of America

Phone Number: 1-877-892-4040
Email: sw@suretime.com

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