RCM Technologies' Enterprise HR Solutions Business Unit Develops Oracle Accelerate Solution

• Press Release
• Source: RCM Technologies, Inc.
• On 1:39 pm EST, Wednesday November 19, 2008

PENNSAUKEN, N.J., Nov. 19, 2008 (GLOBE NEWSWIRE) -- RCM Technologies' (NasdaqGM:RCMT - News) Enterprise HR Solutions business unit today announced the release of their Oracle Accelerate Solution, the first Oracle Accelerate solution for the rapid, cost-efficient implementation of the PeopleSoft Enterprise Human Capital Management (HCM) product suite. The solution features key Human Resources, Benefits and Payroll functionality modules.

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The development of this solution is in response to the growing demand for a comprehensive application which addresses the needs of HR practitioners of small to mid-sized companies with limited budgets. Customers require applications at an attractive cost and low-risk, combined with rapid implementations and reduced maintenance responsibilities. RCM's Oracle Accelerate Solution leverages the application's built-in best practices as well as RCM's 20+ years of implementation methodology and application expertise.

Key benefits of the solution are (1) its industry-leading HR PeopleSoft Enterprise Version 9 Software, (2) industry-specific functionality and defined set of business processes implemented to meet business critical HR, Benefits and Payroll needs, (3) integration with banks, general ledger and benefit providers, and (4) conversion of employee level master data, benefit enrollment elections, payroll balances, W-4 elections and direct deposit data.

``Our solution was created as a direct result of collaborating with Oracle colleagues and evaluating the needs of clients in the mid-market space. Combining one of Oracle's world class HCM Solutions with our extensive implementation experience, we have designed a cost-effective bundled solution that ensures implementation success for our clients,'' said Fran Cardaci, Vice President and General Manager of RCM Technologies -- Enterprise HR Solutions.

RCM Technologies is an Oracle Accelerate Partner and a Certified Advantage Partner in the Oracle PartnerNetwork.

About RCM

RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services. RCM has been an innovative leader in the design, development and delivery of these solutions to commercial and government sectors for more than 35 years. RCM's offices are located in major metropolitan centers throughout North America. Additional information can be found at http://www.rcmt.com.

About Oracle Accelerate

Oracle Accelerate is Oracle's strategy for helping Certified Partner and Certified Advantage Partners in the Oracle PartnerNetwork to rapidly deploy complete, easy to own, industry-focused solutions for businesses and government entities. Oracle Accelerate solutions are application bundles that can be quickly implemented by partners and provide a wide range of industry-specific functionality. Partners who participate in the Oracle Accelerate program are provided with Oracle Business Accelerators, rapid implementation tools, templates and process flows to enable customers to realize immediate benefit from Oracle Applications.

About Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. http://oraclepartnernetwork.oracle.com

The Statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward looking statements include, but are not limited to, those relating to demand for the Company's services, expected demand for our services and expectations regarding our revenues, the Company's ability to continue to utilize goodwill, to continue to increase gross margins, to achieve and manage growth, to develop and market new applications and services, risks relating to the acquisition and integration of acquired businesses, the ability of the Company to consummate acquisitions as to which it executes non-binding letters of intent, demand for new services and applications, timing of demand for services, industry strength and competition and general economic factors. Investors are directed to consider such risks, uncertainties and other factors described in documents filed by the Company with the Securities and Exchange Commission.

          RCM Technologies, Inc.
          Corporate Contacts:
          Leon Kopyt, Chairman, President & CEO
            (856) 356-4545
          Fran Cardaci, VP & GM Enterprise HR Solutions
            (201) 287-0901