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Technological Vision Background & Philosophy Our Team Client & Partners Press Room Contact Us ExpertPlan Inc. Automates Distribution and IRA Rollover Processing with the Rollover Solutions Network Rollover Solutions Network is an automated distribution and processing platform developed by Wealth Management Systems Inc. East Windsor, New Jersey - February 04, 2004 - ExpertPlan Inc., a leading provider of web enabled retirement plan administrative services, today announced the adoption of a new platform to facilitate paperless distributions and automate IRA Rollover account openings for partners seeking this capability. Wealth Management Systems Inc. (WMSI), a leading provider of technology services in the financial industry, developed the Network. The Rollover Solutions Network functions as an electronic interface between ExpertPlan's recordkeeping platforms and brokerage account opening applications. The proprietary Network electronically processes participant distributions, and upon participant election, facilitates real time IRA Rollover account openings by routing retirement plan account data to retail account opening systems. "The Rollover Solutions Network enables us to streamline distribution processing, virtually eliminating paperwork and check processing while increasing productivity and reducing costs. Integrating distribution processes and IRA Rollover services enables our clients to market a self-service rollover product directly to participants, "said Win Cody, Founder of ExpertPlan. Inc. Through the ExpertPlan participant website, the WMSI Rollover Solutions Network provides additional automation to the distribution processes used today. The Network provides connectivity between multiple systems and enhances the participant experience by making IRA Rollovers an extension of plan level services, complete with educational information on various distribution options. "In many ways, the financial services industry had overlooked the distribution decision process until very recently" said Tom Loch, President and CTO of Wealth Management Systems Inc. " We saw the opportunity for recordkeeping service providers to streamline processing and integrate distribution services so participants could evaluate their options and choose their IRA provider in a single integrated process ". About ExpertPlan, Inc. Founded in 1999, ExpertPlan, Inc. (www.expertplan.com) leverages the Internet to provide retirement plan recordkeeping and administration for financial services firms seeking a strategic advantage in the 401(k) marketplace. ExpertPlan employs an Application Service Provider (ASP) model to provide robust and scalable recordkeeping and transaction management services online, enabling fund managers, broker-dealers, TPA's, and RIA's to provide web-enabled, retirement plan solution to employers and plan sponsors. About Wealth Management Systems Inc. Wealth Management Systems Inc. (WMSI) is an expert technology consulting company that provides business analysis, design, development, and deployment of Internet applications supporting financial service organization initiatives for the employee benefits industry. Founded in 2000, WMSI developed technology solutions for institutional employee benefit practices. WMSI's Web sites currently service more than 25,000 plan sponsors and 8.5 million participants, and coordinate the processing of more than 45,000 transactions on a daily basis. The company's Rollover Solutions Network is currently being implemented across multiple systems-of-record and is quickly becoming the industry standard for automated distribution and IRA Rollover processing. Wealth Management Systems Inc. is a privately held technology company headquartered in Princeton, N.J. Additional information about the company is available at www.wealthmsi.com. Back to Press Room Press Release Archives Looking for a press release? Please select from the archives below: Press Room 2006/2007 Press Room 2005 Press Room 2004 Press Room 2003

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