Press Release:
Calgary Time Recorder Acquisition

Owl Time Clock Completes Calgary Time Recorder Acquisition

TORONTO – Owl Time Clock, premier provider of workforce management systems, today announced the completion of its acquisition of Calgary Time Recorder, a provider of time and labor management products including time recorders and hand readers.

Effective immediately, Calgary Time Recorder customers can now purchase the quality time and labor management products and access the superior services they’ve previously enjoyed with Calgary Time. Owl Time Clock will take over all existing maintenance contracts and will provide superior service and support through its regional offices and dedicated Customer Care Center.

The acquisition substantially expands Owl Time Clock’s Canadian presence in the workforce management industry and combines the company’s key strengths – quality and cost-effective solutions, established partnerships, bilingual software and support and local in-house software development – with Calgary Time Recorder’s core assets.

“This strategic combination further strengthens Owl Time Clock’s leadership position as a workforce management solutions provider and will enable us to deliver even greater value to our customers and partners,” said Chief Executive Officer Tracy Parzych. “The addition of Calgary Time Recorder products to our existing workforce management portfolio puts Owl Time Clock in a unique position to meet the evolving needs of our customers demanding high quality and accessible solutions to manage their workforce. We welcome Calgary Time Recorder’s employees, customers and partners, and we look forward to working with them to grow in the marketplace.”

Owl Time Clock is proud of its more than 40 year history in helping companies across Canada manage their most important asset – their employees – and looks forward to earning the loyalty and support of its new customers.

About Owl Time Clock

Established in 1965, Owl Time Clock is the largest national Canadian provider of workforce management products. The organization has been successfully helping small businesses to better manage their workforce for almost 50 years. With offices across Canada, Owl Time Clock supplies innovative time clocks, security access and simple software solutions and is the only organization to provide on-site service in all provinces in Canada.