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FOR IMMEDIATE RELEASE

Microsoft Selects Loki's Payroll for Microsoft Dynamics AX (Axapta) as the Payroll Solution for its ERP Suite

April 11, 2006, Vancouver BC: After an extensive evaluation Microsoft has selected Loki's recently developed payroll system for Microsoft Dynamics(TM) AX as the payroll solution for the Microsoft Dynamics AX ERP suite. Microsoft Dynamics AX has more than 7,000 installations worldwide (35 countries) and is the fastest growing of Microsoft's ERP offerings. "We are pleased and honored to have our payroll software chosen by Microsoft for the Microsoft Dynamics AX ERP suite," said Richard Swann, CEO of Loki Systems. "It is rewarding to have Microsoft recognize its robust feature set and we look forward to working with them as they roll it out to their MBS Business Partner channel over the next few months."
 
Loki and Microsoft will work together to continue to enhance the Loki payroll solution. Initially, the solution will be released for distribution in the United States and Canada.

The product will be released in additional countries as Microsoft completes localization of the payroll solution. Payroll for Microsoft Dynamics is designed to integrate smoothly with Microsoft Dynamics business management solutions; it can handle complex earnings and benefit calculations and supports multiple jobs for a single employee. Payroll for Microsoft Dynamics has full effective-date capabilities and can store all historical data and enable input of future changes. It is a versatile and efficient solution for:

Simplifying pay processing

.  Calculating earnings and deductions

.  Tax management for U.S. and Canada

.  Comprehensive reporting

.  Check printing and direct deposit

ABOUT Loki Systems Established in 1995, Loki offers an advanced suite of workforce management solutions. The software is easy to use and gives management powerful analytical tools and real-time performance data to support strategic business decisions. Loki software products are now being used to schedule, pay and manage hundreds of organizations in a number of industries across North America. In addition to an impressive return on investment and quick implementation, Loki clients enjoy unparalleled service and technical support.

For further information please contact: Phone: 1-800-378-5654 ext. 125 Email: sales@lokisys.com

 







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