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Technology Stocks : CLRS Company Status/Future

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To: Tom Stocks who wrote ()2/22/1999 12:44:00 PM
From: Dave Mordis  Read Replies (1) of 128
 
Clarus Corporation Human Resource Software Customers Increase 113%,
Sales Surge 238% in 1998
Business Wire - February 22, 1999 10:14
ATLANTA--(BUSINESS WIRE)--Feb. 22, 1999--Clarus Corporation
(Nasdaq:CLRS) has re-organized its sales force to focus on a growing
level of human resource management systems (HRMS) customers. The result
has been a 113 percent increase in the number of companies using the
Clarus(TM) HRMS solution and a 238 percent growth in sales.

In 1998, 17 new customers purchased Clarus HRMS, including ten companies
who rapidly implemented HR and Payroll applications in less than six
months to be operational by January 1, 1999.

New customers for Clarus HRMS represent a variety of industries
including healthcare (Keystone Service Systems Inc.), manufacturing
(Tapemark), finance (Farm Credit Bank of Texas), retail (The Container
Store), temporary staffing services (AppleOne), insurance (American
National Insurance Company) and food/beverage (U.S. Beef, franchisees of
Arby's, and Sydran Services, franchisees of Burger King and Chili's
restaurants).

"We are proud that our software has been selected by a variety of
industry innovators and that we have implemented solutions for them in
breakthrough time," said Steve Jeffery, CEO and president of Clarus.
With increasing demand for HR professionals to provide strategic
guidance on a variety of workplace issues, it is important that
implementations be fast and efficient and minimize operational
disruption. "Five of our newest clients are live with the latest Clarus
HRMS offering just months after purchasing the software; some have even
implemented the solution in less than six weeks," he added.

Clarus HRMS software provides multiple benefits to a company, including
easy customization for end users and scalable, integrated systems whose
foundations take advantage of Web technologies that will meet the needs
of an ever-increasing employee base.

Atlanta-based Clarus Corporation (www.claruscorp.com; NASDAQ: CLRS) is a
leading provider of Web-based applications for managing operational
resources together with Financial and Human Resource applications for
mid- to large-sized companies. Founded in 1991, the company's
applications create high lifetime value by delivering sophisticated
functionality while substantially reducing the time required for
implementation, maintenance and upgrades. Clarus serves such customers
as First Data Corporation, MasterCard International, Hyatt Regency
Chicago, T. Rowe Price Associates, Inc., Investment Technology Group,
Toronto Dominion Bank, The Container Store, HD Vest, Lands' End and
Chartwell Re Holdings Corp.

This Press Release Contains Forward-looking Statements Within the
Meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Exchange Act. Actual Results Could Differ Materially From Those
Projected in the Forward-looking Statements as a Result of Certain Risks
Including That the Benefits Expected by the Company as a Result of the
Announcement May Not Occur.

Clarus is a trademark of Clarus Corporation. Throughout this release,
software and hardware products are mentioned by name. In most, if not
all, cases, these product names are claimed as trademarks by the
companies that manufacture the products. It is not our intention to
claim these names or trademarks as our own.

CONTACT: Clarus Corporation, Atlanta
MEDIA CONTACTS:
Clarus Corporation
Julie K. Smith
(770) 291-8504
jsmith@claruscorp.com
or
Ketchum/Crescent
Nicole Fischer
(404) 287-2000 ext. 179
nfischer@crescomm.com
or
INVESTOR CONTACT:
Clarus Corporation
William A. Fielder, III
Chief Financial Officer
(770) 291-4956
fielderw@claruscorp.com

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