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Patersons Opens New Office in Hungary Patersons Opens New Office in Hungary

Global Payroll Provider Expands Reach Into Central and Eastern Europe With Budapest OfficeGlobal Payroll Provider Expands Reach Into Central and Eastern Europe With Budapest Office (March 06, 2012)

RALEIGH, NC and SALISBURY, UNITED KINGDOM -- (Marketwire) -- 03/06/12 -- Patersons, a leading provider of integrated global payroll services delivering expert solutions to customers in more than 160 countries, today announced details of its new office in Budapest, Hungary. Opened in February 2012, the new location signifies the company's significant growth and its position as a leading provider of integrated global payroll solutions.

Patersons' new office will be housed in a recently renovated, neo-classical 19th century building, located in Budapest's 6th district. The company already has offices in the United States, the United Kingdom, France, China and Singapore. With the new Budapest office, Patersons will be able to leverage the city's highly skilled professional workforce, helping the company to expand its footprint into the Central and Eastern European payroll market. Moreover, by deepening its infrastructure in the region, Patersons can increase its own in-house payroll capabilities and directly serve clients with employees in this high growth market.

"There are tremendous opportunities for business growth throughout Central and Eastern Europe. As more companies seek to leverage this market, they're going to need a partner to help them navigate the complex payroll policies of each country in which they operate," said Andrew Pearson, CEO of Patersons. "By establishing our latest office in Hungary, Patersons will be able to work more closely with our multinational clients, ensuring they receive the best payroll solutions possible as they expand their own operations into this growing market."

About Patersons
Patersons is the leading provider of integrated global payroll services, delivering expert solutions to customers in more than 160 countries. Patersons integrates the capabilities of payroll engines, payroll partners, workflow, and managed services in a secure and compliant service that is delivered using an on-demand, SaaS-based business model. This allows organizations to consolidate and control their multi-national payroll operations on one technology platform. The results are streamlined processes, better visibility, increased compliance and reduced costs. For more information about Patersons, please visit www.patersons.com


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