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WMSI "Rolls In" The New Year

Wealth Management Systems Inc. exceeds $43 million in IRA rollovers.

Franklin Lakes, NJ (February 2006) - Wealth Management Systems Inc., the leading provider of technology-based rollover products and services, announced today that over the past year they have processed over $43 million in participant rollovers and are still counting.

WMSI currently provides participants with access to rollover services and a choice of leading IRA Providers including Ameritrade, American Century Investments, E*TRADE Securities, Fidelity Investments, Hueler's Income Solutions, Merrill Lynch and T. Rowe Price. WMSI's average participant directed rollover is $43,000, with a majority of participants electing online services over call center options. In addition, 32 TPAs are currently utilizing WMSI's comprehensive Mandatory Rollover Program to service over 58,000 plan sponsors. This list includes leading providers such as ADP, BISYS and Merrill Lynch.

Redefining Rollover Services
"When participants change jobs or retire, it is only logical to provide rollover options that will enable them to maintain the tax deferred status of their retirement savings," said Jude Metcalfe, CEO of WMSI. "Our Rollover Solutions Network eliminates the processing complexities of rollovers making it feasible for plan sponsors and leading providers like ADP, BISYS, Merrill Lynch and our IRA Partners to truly service the distribution event at the plan level - where participants are seeking information and making critical distribution decisions. RSN enables the industry experts to effectively channel rollover products and services to the millions of participants taking distributions annually - influencing behavior and reducing the likelihood of cashouts. Which is something we should all feel good about," added Metcalfe.

A critical aspect of WMSI's success is their ability to analyze participant data, and working with their partners, to institute marketing campaigns designed to educate participants on their distribution options and raise awareness of the rollover services available to them.

"Getting participants to make the right decision regarding their financial future is really all about changing behavior," commented Tom Loch, President and Founder of WMSI. "To change behavior we need to raise awareness of these rollover services early on in the process and educate participants about their distribution options. So when the time comes, they can make informed investment decisions in support of their long range financial goals."

About Wealth Management Systems Inc.
Additional information about WMSI is available at www.wealthmsi.com. Financial services are provided through WMSI Securities LLC, a wholly owned subsidiary of WMSI and member FINRA/SIPC.

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