News Release

MPAY Services launches new COBRA administration service

Waltham, Mass. – December 04, 2007 – MPAY Services, a division of MPAY, Inc. is proud to announce its newest service offering: COBRA@payentry.com™. Outsourcing COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) administration alleviates the risk of incurring potential fines and penalties as a result of non-compliance with COBRA regulations.

MPAY Services has partnered with Travis software to facilitate COBRA administrative services. The software platform is intuitive, “wizard-based” and uses real-time access by employers and beneficiaries to update qualifying events. Travis software was founded in 1986, but re-invented the system in 2005 to be 100% web-based.

Robbie Willard, Senior Vice President for MPAY Inc. commented, "We are excited to introduce Cobra Services into our family of products. This product will allow our clients to keep pace with today's growing industry pressures to add additional services around the payroll component." The process for the employer is easy to use, secure, and hassle-free. To learn more information about this new service, please email: cobra@mpay.com.

About MPAY Inc. Products:

MPAY Inc. 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™, the web-based solution, 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.

payentry.com™ is a web-based payroll and human resource management interface that makes payroll and HR as easy as 1-2-3. The new employee self service (ESS) page allows greater and easier navigation capabilities. The new ESS also allows the user to customize his/her homepage to meet their preferences. Security is never a problem because payentry.com™ uses a 128 bit SSL encryption and no additional software is needed. The best feature of payentry.com™ is that it is available anytime and anywhere for your use.

TimeForce@payentry.com™ is a web-based time and attendance program that is equally effective for both hourly and salaried employees. It replaces punch clocks and timecards with an innovative time-keeping software program. With TimeForce@payentry.com™, users can utilize such features as: meal and break reporting, error checking, scheduling, accrual tracking, and job-costing modules. TimeForce@payentry.com™ also features an employee self-service feature allowing employees to see such information as pay advice, benefit information, absence requests/approvals and accruals. Like Payentry.com™, TimeForce@payentry.com™ is available anytime, anywhere.

Millennium is an integrated payroll and human resource software program that is designed to be the most flexible on the market. Millennium provides all the functionality of the most expensive in-house payroll and human resource system at a fraction of the cost. The benefits are endless, but here are just some of Millennium’s unique features and benefits: Easy to use and navigate, full audit log, fully integrated service bureau general ledger, universal time import, paycheck setup, customization, secure any piece of data in any way, use crystal reports to design and build custom reports, report configuration, and automated new hire reporting, etc…

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 781.810.9010.