The Online 401(k) Partners With MPAY To Provide An Integrated Solution For Small Businesses.

Waltham, Mass. – November 18, 2006 – MPAY (www.mpay.com) and The Online 401(k) ™ (www.theonline401k.com ) today announced their partnership to bring payroll bureaus and their small business clients an easy-to-use, fully integrated, comprehensive 401(k) and payroll solution.

With an integrated payroll and 401(k) solution, small businesses can implement a 401(k) plan that is easy to run and eliminates repetitive tasks each pay period.  Small businesses realize the value of a 401(k) plan and see it as a tool to boost employee morale and retention. However some small businesses are still concerned about how much time and effort it takes to manage a 401(k) plan. A 401(k) plan that is integrated with payroll can help alleviate these concerns.

“Payroll and 401(k) really go hand in hand. Having both of these key functions integrated is a great proposition for small businesses who need convenience and flexibility,” said Chad Parks, CFP®, President & CEO of The Online 401(k).  “We are very pleased to partner with a payroll software leader like MPAY; we are confident that our integration will help both our companies better compete in a market where convenience and time savings drive the majority of decisions for small businesses.”

Traditional time-consuming tasks are performed in an efficient manner using these time-saving procedures:

*        Payroll files are seamlessly sent by the client’s payroll provider to The Online 401(k)   
*        Census files are seamlessly sent by the client’s payroll provider to The Online 401(k)  
*        401(k) funds are sent directly by their payroll provider via ACH  

Small businesses interested in learning more about The Online 401(k) can request a quote at www.theonline401k.com/go/mpay and automatically receive a customized proposal via e-mail. Companies can easily establish their 401(k) plan, thanks to a streamlined plan adoption process. Once the 401(k) plan is set up, employees access 401(k) and investment education, select their investments and manage their individual 401(k) accounts, all from the convenience of their desktop.

About MPAY Inc.:

MPAY Inc. (www.mpay.com) is a payroll software and services company that has been able to combine superior technology with simplicity, allowing their clients to get the most out of their workday.  Millennium, the PC product, and Payentry.com™, web-based payroll product, are MPAY's proprietary products.  The combination of superior service and products provide all the functionality of the most expensive in-house payroll systems, while still providing an outsourced payroll solution.  Our products provide supervisors and employees with convenient and secure access to payroll information.  MPAY Inc. is determined to satisfy all of your needs by also offering workers compensation, human resources, time and attendance, employee self service, and much more.   

These are just some of our many products that are available through MPAY.  To find out more about these products and others that MPAY offers, contact MPAY at 781.810.9000.

About The Online 401(k):

The Online 401(k) is a Web-based retirement plan solution built to address the 401(k) needs of small businesses.  Small businesses interested in learning more about The Online 401k™ can request a quote at www.theonline401k.com and automatically receive a customized proposal via e-mail. Small businesses can easily establish their 401k plan, thanks to a streamlined plan adoption process. The Online 401k offers a wide variety of investments to choose from on multiple platforms. Once the 401k plan is set up, employees can access 401k and investment education, select their investments and manage their individual 401k accounts – all from the convenience of their desktop. The Online 401(k) has been featured in USA Today, The Wall Street Journal, CNN Money, Bloomberg, LA Times, Kiplingers and many more media outlets.  For more information on The Online 401k, please visit www.theonline401k.com.