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Technological Vision Background & Philosophy Our Team Client & Partners Press Room Contact Us Wealth Management Systems Inc. Integrates Rollover Solutions Network Within Pyramid Digital Solutions' Web Applications Holgate, NJ (November 3, 2004) - Wealth Management Systems Inc., a leading provider of rollover solutions and technology services within the financial services industry, today announced that it will integrate the Rollover Solutions Network (RSN) application within the Internet Servicing and Web Applications of Pyramid Digital Solutions. This implementation will enable Pyramid's clients to gain access to a fully automated, end-to-end distribution and rollover processing solution that will significantly enhance their asset retention and rollover initiatives. RSN will function as an electronic interface to facilitate the exchange of participant data across multiple record keeping platforms and IRA account opening systems. The Network will electronically process participant distributions and facilitate real time IRA account openings by routing participant retirement account data to retail IRA account opening systems. RSN also provides plan sponsors and administrators with a fully automated mandatory distribution solution to facilitate the bulk transfer of participant accounts under $5,000 into IRA accounts. "Our clients are continually looking for innovative solutions that can help them to retain and increase assets under management, " said Dharmesh Shah, President and CEO of Pyramid Digital Solutions. "The Rollover Solutions Network addresses the connectivity issues between retirement and retail operating platforms enabling our clients to implement strategic rollover initiatives that address the specific needs of participants. RSN makes it easier for our clients to gain access to participants at their point of distribution to attract and retain assets within IRA product offerings." RSN integrates distribution and IRA rollover services at the retirement plan level within participant Web and Call Center service channels significantly streamlining processes for participants. Through the RSN application, participants gain access to a paperless, one-stop solution featuring real time IRA account openings and automated account funding. "At Wealth Management Systems, we have been focused on the connectivity issues between recordkeeping and account opening systems for the past 24 months, " said Tom Loch, President of Wealth Management Systems, Inc. " Integrating RSN within the superior web and internet applications of Pyramid Digital Solutions leverages technology to the fullest and creates a truly automated, paperless processing platform that transforms the level of products and services being made available to participants and plan sponsors today. " RSN provides for the ongoing reporting of distribution and rollover activity and can automate strategic marketing campaigns designed to raise awareness of rollover services and influence participant distribution behavior. About Pyramid Digital Solutions Pyramid Digital Solutions is the leading provider of Web-based servicing and back-office automation software for the retirement plan industry. Offering cost-saving efficiencies through a complete suite of solutions, Pyramid delivers secure, scalable technology, portal solutions, and XML-based systems integration. Founded in 1994, Pyramid is an established technology innovator and a three-time member of the Inc 500. The company maintains a Web presence at www.pyramidonline.com. 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. Through RSN, financial institutions 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 within Call Center and Participant Website applications. WMSI also offers the only complete, fully automated EGTRRA rollover solution that satisfies Safe Harbor Provisions and provides for participant notifications and the administration of Plan Sponsor and IRA Provider automatic rollover agreements. Additional information about WMSI and all rollover product solutions 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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