Rochester, N.Y. (Oct. 17, 2003) -- Payroll and benefits outsourcing provider Paychex Inc. acquired the Time in a Box product line from time and attendance concern Stromberg of Lake Mary, Fla.

Terms were not disclosed.

Time in a Box is a Windows-based time and attendance solution for small- to medium-sized businesses.

Paychex said Time in a Box interfaces with its Paylink, a desktop payroll solution for small- to medium-sized businesses, and its Major Market Services Preview, a PC-based option for larger-sized businesses with more complex payroll and benefits requirements.

-- WebCPA staff

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