KnowledgePoint Introduces Performance Now! for Windows

Employee Performance Review Software Automates Appraisals, Saves Time

Petaluma, Calif., -- May 16, 1994--KnowledgePoint, the award-winning
developer of business management software, today announced the
introduction of Performance Now! for Windows, an interactive software
program, using built-in intelligence that allows managers to write
effective employee performance reviews in minutes.

Using KnowledgePoint's exclusive Intelli-Text technology, Performance Now!
simplifies the dreaded task of writing performance reviews, cutting in
half the time it takes to complete them. Performance Now! also includes an
Employee Log for tracking an employee's performance between appraisals; a
Human Resources (HR) Advice feature that provides comprehensive;
broad-based HR expertise, and a Language Checker to warn of inappropriate
wording.

"More than 28 million managers in the United States now have an easy way to
produce quality performance reviews and boost employee morale and
productivity using expert HR advice," said Michael Troy, founder and CEO
of KnowledgePoint. "Quality feedback regarding employee performance is a
critical element in creating highly motivated employees."

"Most managers look at performance reviews as a 'triple-threat,' said Troy.
They don't like to do them; often they don't know how to do them; usually
they don't have the time to do them correctly. Performance Now! transforms
performance reviews from a necessary evil to a useful tool in managing an
organization's most important asset."

Intelli-Text Automatically Writes Evaluation Text

Performance Now! guides managers through an interactive process of rating
an employee in each performance factor. Intelli-Text then generates clear,
logical sentences and modifies them to work together as if written by the
manager, reordering the text to place the most positive comments first.

Built-in Flexibility for Wide Range of Appraisal Formats

Performance Now! uses a standard ratings/essay process currently in use by
over 70 percent of U.S. businesses. Managers can choose from the five
standard forms provided or use the form design tools to tailor a form that
conforms to their specific requirements.

The program includes 26 performance elements that cover the most commonly
used performance area including quality, quantity, teamwork, initiative,
judgment, communications skills, innovation, and problem solving.

HR Advice Provides On Line Expertise

Performance Now!s on line HR Advice feature provides expert human resources
advice at the click of a button, including practical examples. The program
even helps managers develop plans for employee performance improvement.
The user can link directly to an employee's job description for reference
when KnowledgePoint's Descriptions Now! job description program is also
installed.

Employee Log Documents Performance

The most effective performance reviews specifically document problems and
accomplishments in support of the performance ratings. To make this
process easier, Performance Now! includes an Employee Log that stores
actions and results during the entire review period so managers do not
have to rely on their memory. The manager can use the Employee Log entries
as supportive examples when evaluating the employee's performance.

Local Area Network (LAN) Version by Q4 1994

KnowledgePoint also announced it will ship a LAN version in the fourth
quarter of 1994. Performance Now! HR Pro will include additional features
designed to meet the needs of corporate human resources departments that
implement and monitor performance appraisal standards across their
organizations.

System Requirements

Performance Now! for Windows runs on IBM or compatible personal computers
with Windows 3.1 or later. It requires 8 MB of hard disk capacity.
Suggested retail price (SRP) is $169. KnowledgePoint also announced a
special one-time discounted price of $219 for its suite of management
software applications. The suite package of Performance Now!, Descriptions
Now! and Policies Now! $269 less than the combined suggested retail price
of $487. For further information regarding Performance Now!, contact
KnowledgePoint, Inc., 1129 Industrial Avenue, Petaluma, CA 94952-1141;
telephone: 1-800-727-1133; fax: 707-762-0802.

Founded in 1987, KnowledgePoint is a developer and publisher of HR-focused
business management software for individual, departmental and
corporate-wide applications. In addition to Performance Now! the company
developed and published two award-winning human resources applications:
Policies Now!, interactive software that writes customized employee
handbooks; and Descriptions Now! interactive software that writes
customized job descriptions. KnowledgePoint is a founding member of the
Management Software Association. The company was named to the 1993 INC 500
that ranks the fastest-growing, privately held U.S. companies.

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