News Item

Envisage Information Systems, the largest independent software development company exclusively focused in the retirement plan industry and Enterprise Iron, a leading provider of integrated financial services solutions, have formalized an agreement to deliver Envisage’s Enveritus™, RSA, TPAPayroll and RDC products. The Envisage products provide comprehensive recordkeeping system web interface, automated workflow processing solutions, a census and remittance data processing portal and seamless, bi-directional communication of information between retirement plan provider’s systems and the internet.

“We believe that client satisfaction and operating efficiencies go hand in hand, and that the fastest route to both is by automating information delivery internally within an organization and externally with its clients. Succeeding in the retirement plan services space is dependent on how completely an organization can enable its back office systems to talk to each other, and how effectively it can deliver actionable information to its distribution channels and clients. Envisage is passionate about driving down the cost of retirement plan administration and we see our collaboration with Enterprise Iron as a natural fit, enabling us both to help our client bases maximize client satisfaction and operating efficiency using the latest technology”, said Steff McGonagle, principal at Envisage.

“Coming across Envisage’s solutions at several of our clients and being actively engaged with them on a mutual client project, we recognized they were a company we wanted to be associated with,” noted John Polito, CEO of Enterprise Iron. “We understood immediately how their unique product suite could add considerable value and efficiencies to some of the strategic solutions our architects are called upon to create for our clients. We believe that the combination of Enterprise Iron’s strategic and operational expertise, combined with the powerful technical capabilities of the Envisage software will allow us to jointly add tremendous value to clients.”

Additional product and service features will be announced in the coming months.

About Enterprise Iron: www.eifis.com

Enterprise is a privately held company headquartered in Iselin, NJ. It is a management and technology consulting firm, servicing companies from the largest of the Fortune 1000 to middle-tier firms, specializing in the retirement industry, and delivering customized, cost-effective solutions. The company focuses particular attention on optimizing the use of technology to meet concrete business goals. It integrates thorough business and operations knowledge with technical expertise, provides analytics and project management.

About Envisage Systems: www.envisagesystems.com

Located in Central New York, Envisage Information Systems is the largest independent software development company exclusively focused on providing record keeping system and other web interfaces, data connection, and workflow automation products to America’s retirement plan industry. Since 1995, Envisage has been at the forefront of web technology, developing solutions for data-driven applications. The Enveritus suite of web products utilizes highly optimized Remote Data Connectors to provide seamless, high speed integration into recordkeeping systems.

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