Fast-Growing Tech Company Paycom Opens Salt Lake City Sales Office

Paycom Software, Inc. ("Paycom") PAYC, a leading provider of comprehensive, cloud-based human capital management software, today announced its newest office opening in 2018, Salt Lake City. This addition brings Paycom's total number of sales teams to 46 nationwide.

"Our first office opening in 2018 represents a continuing strategic expansion of our sales force and broadens our position in the state of Utah," said Paycom's founder and CEO, Chad Richison.

Heading Paycom's Salt Lake City office will be an existing Paycom sales manager from a well-established office. This individual also will be responsible for hiring and developing new sales professionals in order to grow and mature Paycom's newest office.

"Salt Lake City has a great spirit and we are excited for the opportunity to serve strong and innovative companies and their employees," said Paycom's chief sales officer, Jeff York.

Ranked second on Fortune magazine's 100 Fastest-Growing Companies list for 2017 and fourth on Forbes' Fast Tech 25 list the same year, Paycom now has sales offices located in Atlanta, Austin, Baltimore, Boston, Brooklyn, Charlotte, Chicago, Cincinnati, Cleveland, Dallas, Denver, Detroit, Fort Worth, Houston, Indianapolis, Kansas City, Long Island, Los Angeles, Miami, Milwaukee, Minneapolis, Nashville, New York City, Oklahoma City, Orange County, Parsippany, Pasadena, Philadelphia, Phoenix, Pittsburgh, Portland, Richmond, Sacramento, Salt Lake City, San Antonio, San Francisco, Seattle, Silicon Valley, St. Louis, Stamford, Tampa, Tulsa and Washington, D.C.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are any statements that look to future events and include, but are not limited to, statements regarding our business strategy; trends, opportunities and risks affecting our business, industry and financial results; future expansion or growth plans and potential for future growth; and our plan to open additional sales offices and our ability to effectively execute such plan. In addition, forward-looking statements also consist of statements involving trend analyses and statements including such words as "anticipate," "believe," "could," "expect," "may," "might," "plan," "possible," "potential," "project," "should," "would," and similar expressions or the negative of such terms or other comparable terminology. These forward-looking statements speak only as of the date hereof and are subject to business and economic risks. As such, our actual results may differ materially from those set forth in the forward-looking statements as a result of the factors discussed in our filings with the Securities and Exchange Commission, including but not limited to those discussed in our Annual Report on Form 10-K for the year ended Dec. 31, 2016. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

About Paycom

As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment life cycle, from recruitment to retirement. Paycom has the ability to serve businesses of all sizes and in every industry. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country.

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