Rostima to accelerate growth with investment from Oxford Capital Partners

London UK - 21st January 2005: Rostima Ltd, a global leader in the development and supply of Enterprise Workforce Management solutions, has announced that it has received an undisclosed capital increase from Oxford Capital Partners to support its continuing growth.
The investment will primarily be used to accelerate Rostima's growth in the UK and Northern Europe, and further to expand and enhance the features and functions of its broad offering of software and services.

David Mott, Senior Partner at Oxford Capital Partners said: "Rostima has a unique product and a compelling value proposition, and its highly professional approach has allowed it to secure world-class clients such as Compass Group, P&O Ports, and Securicor. The Rostima team has shown that it is capable of capturing a rapidly growing market faster than anybody else out there in the fast emerging software space for Enterprise Workforce Management. "

Commenting on the funding, Kim Berknov, CEO of Rostima said: "We are very pleased that Oxford Capital Partners is partnering us in our drive for further growth in this fast growing segment for Enterprise Workforce Management solutions, and welcome David Mott to Rostima's board of directors.

"This investment will enable us to grow our sales and marketing team and to further penetrate the retail, transport, health and services markets. It will also be used to strengthen our research and development division."

Photo of Kim Berknov is available in jpeg format from camille@watchpr.com

About Oxford Capital Partners
Oxford Capital Partners is a leading venture capital firm with over 10 years of experience of investing in and supporting science and technology businesses. Based in Oxford, the company specialises in identifying exceptional early stage companies with high growth potential. Oxford Capital Partners is an active supporter of the UK's science and technology base.

About Rostima
Established in 1996, Rostima is a global leader in Enterprise Workforce Management solutions. The open, flexible technologies developed by Rostima enable organisations to optimise their labour schedules by matching workload to staff resources thereby increasing operational efficiency, reducing labour costs, improving staff retention, and improving service levels.

Rostima's flagship software, Rostima Scheduler™, has been selected by major corporates and medium sized organisations in the transport, logistics, airport services, hospitality, and retail sectors. Clients include Compass Group, P&O Ports, Securicor, ASIG and Australian Air Express.

Today, Rostima is defining the way organisations approach labour scheduling. For more information, call +44 (0)1628 581 630 or email sales@rostima.com

Note to editors:
Rostima, Rostima Scheduler, RetailPlanner, DutyManager and DutyPlanner are trademarks or registered trademarks of Rostima Ltd. All other product and company names mentioned herein may be trademarks of their respective holders.