Authoria’s Outstanding First Quarter Performance Exceeds Targets for Sixth Consecutive Quarter

Authoria, Inc., the leader in integrated strategic Human Capital Management (HCM) solutions, today announced record first quarter results (ended March 31, 2005). Sales of the company’s award-winning Authoria Advisor Series™ drove a 120 percent increase in revenue over the same quarter last year. Authoria remained profitable while exceeding operating targets for the sixth consecutive quarter.

“Authoria has built upon the strong momentum of 2004 with our most successful first quarter to date, closing 11 new enterprise deals across our product suite,” said Tod Loofbourrow, president and CEO of Authoria. “Our success can be attributed to Authoria’s ongoing commitment to bringing new features and functionality to our customers through product innovation and integration. We continue to see an increase in customers looking to Authoria to manage and host their applications, including leading HR outsourcers like ACS. In the first quarter, more than half of our business was delivered through Advisor On-Demand™.”

Authoria experienced broad demand by enterprise customers across its product line, closing 11 new deals including:

• Affiliated Computer Services, Inc. (ACS)
• Banco Popular
• Gannett Co., Inc.
• New York Department of Mental Health and Hygiene

Through its relationship with ACS, a leading business process outsourcer (BPO) and information technology (IT) provider, Authoria added four new deals covering over 100,000 lives.

Complementing Authoria’s recent customer success, the company’s leadership position in the industry was recognized in a March 2005 Yankee Group Report on the future of HCM. Yankee assessed the company’s product functionality, technology, total cost of ownership (TCO), viability, market traction and vision and deemed Authoria a “thought leader” that is “positioned for significant market share gain and rapid adoption of their solution as the market begins to explode.”