Dallas, Texas April 17, 2008 -- Lookout Software, LLC, a global leader in business productivity software application development, announced today that it will be offering 10 free licenses of its web-based employee time tracking and timesheet management software, Office Timesheets, to promote its usage within companies around the world. At a regular price of $99.95 per license, this promotion represents a $1,000 USD value for those organizations that take advantage of it.

The Office Timesheets web-based employee time tracking software application offers innovative features like a web-based Microsoft-Office style user interface; multi-step timesheet approval processes; multiple rates for costing, billing, budgeting, etc.; detailed security policies by user type; two-way integration with QuickBooks® Professional and Microsoft® Project™; and the ability to customize the application for practically any organization's time tracking needs and workflow.

"We developed Office Timesheets so that it can be used by practically any project-driven company that has a need for employee time tracking and reporting," said James Bone, Vice President of Marketing for Lookout Software. "For international or multi-national organizations, Office Timesheets can be easily localized to support one or more languages and or currencies. Our goal with this promotion is to entice businesses to try our time tracking productivity software application at no cost of entry for their first 10 users. Once Office Timesheets is up and running, we know the productivity, profitability and costing insight gained from its use will be looked upon favorably, and that a certain percentage of companies will grow beyond the need for 10 licenses. So in the end, it's a win-win scenario for both us and the organizations that take advantage of this promotion."

Additional licenses Office Timesheets self-install version, after the first 10 users, may be obtained from Lookout Software for $99.95 USD, with additional price breaks available based on the quantity purchased.

Any size company may register to receive 10 free licenses of Office Timesheets. The promotion is available to all legally registered companies worldwide with few restrictions. Only one 10 free user license code will be issued per company and the promotion is not available to the home or personal user demographic.

To install and use Office Timesheets in your environment, you must have Microsoft Internet Information Server (IIS) installed with ASP.NET 2.0 or higher. Organizations that do not meet these requirements but do have a high-speed internet connection are encouraged to try the Office Timesheet On Demand Version 30 days for free, without credit card information required. The cost of the Office Timesheets On Demand Service after the 30-day trial period is $9.95 per user per month, and requires no installation.

To try Office Timesheets and register for 10 free users, visit the Office Timesheets website at www.officetimesheets.com.

About Lookout Software

Lookout Software was established in 2003 and since that time has acquired a licensed user base of over 10,000 companies, and over 100,000 end-users using its software products worldwide. Lookout Software also develops the award-winning Microsoft Outlook add-in, OfficeCalendar, an easy-to-use productivity application that allows users to share Outlook calendar, contact and tasks information with colleagues without Microsoft Exchange Server. For more information on OfficeCalendar, please visit www.officecalendar.com.