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Slavic Investment Corporation Launches Wealth Management Systems Mandatory Rollover Solution

Holgate, NJ (July 5, 2005) - Slavic Investment Corporation, an independent service provider combining cutting-edge investment products with premiere program administration and participant service, today announced that they will adopt the Wealth Management Systems Inc. ("WMSI") Automatic EGTRRA Rollover Solution to process mandatory rollovers for their retirement plan business clients. Within the program, Slavic will provide WMSI with participant indicative data files and WMSI will automate IRA account openings with E*TRADE Securities LLC, the designated IRA provider, and provide a reconciled report of all account activity.

"WMSI offers a no-fee program solution for our clients that significantly streamlines the administrative and enrollment processes for Slavic," said Alan Moore, Chief Operating Officer. "The program is designed to address the fiduciary concerns of our plan sponsors while enabling sponsors to reduce the plan administrative costs and burdens associated with servicing smaller account balances and locating former employees."

Leveraging the technology platform of WMSI, Slavic will batch process mandatory rollovers in a completely paperless environment. Additionally, WMSI and E*TRADE Securities LLC will process all new accounts within 24 hours of receiving a file, so participants' assets are reinvested as quickly as possible.

"We recognize that within the IRA marketplace it is increasingly important for our clients to enhance service offerings to address various rollover opportunities", said Tom Loch, President of WMSI. "Leveraging our technology platform, Slavic can address the specific needs of their clients and process all mandatory rollovers within a cost-effective service configuration that minimizes administrative burdens."

About Wealth Management Systems Inc.
Wealth Management Systems Inc. (WMSI) is the leading provider of technology based rollover products and services within the retirement industry. WMSI's Rollover Solutions Network® integrates the processing platforms of Third Party Administrators and IRA providers, enabling exiting employees to effect their distributions and open IRA accounts in a single, real time transaction. Financial institutions participating in the network are able to further asset retention initiatives and gain access to a volume distribution network. TPAs and Plan Sponsors are provided with comprehensive distribution and rollover processing services that can significantly reduce administrative burdens and operating costs. And participants gain access to the comprehensive IRA and annuity services they are seeking as they make distribution decisions that will effect their long term financial well being. The Rollover Solutions Network is quickly becoming the industry standard for rollover processing and currently services over 1 million participants through its Call Center and Participant Website applications.

Additional information about WMSI and all rollover product solutions is available at www.wealthmsi.com.

About Slavic Investment Corporation
The Slavic companies (DBA: Planright) provide a bundled 401(k) product consisting of plan administration, investment advice and mutual fund trading. Their low cost, open architecture platform features crediting 12b-1 fees and all fund revenue back to participants. In the new full-disclosure environment, Slavic provides compliant solutions, low fees and a plan design for the future. Toward that goal, utilizing the WMSI rollover product makes the backdoor as easy as the front door for plan participants and sponsors.

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