401kExchange.com Celebrates 5th Anniversary With Gold.Business Editors WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Jan. 22, 2001 In the traditional world of anniversaries, the 5th is celebrated with gifts of wood...but as 401kExchange.com salutes its 5th, the Company is striking pure Gold. Acknowledged by the financial media and industry alike as a "clicks and mortar Also called "bricks and clicks," it refers to businesses that offer online services via the Web as well as the traditional retail outlets (offline) staffed by people. Coined in 1999 by David Pottruck, co-CEO of the Charles Schwab brokerage firm, it refers to running the two divisions in a " success story, the Company is processing Billions in 401(k) plan assets as it heads into 2001 with an ongoing revenue stream from a growing list of 401(k) Service Providers. In October 2000, 401kExchange.com was acknowledged by INFOWORLD Magazine as one of the "Top 100 E-Business Innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. " in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . This innovative expertise continued into this year with such industry benchmarks as the introduction of its 401kX Portal Services platform supporting Broker-Dealer intranets, Service Provider Web sites, Private Exchanges, and other co-branded sites, and the recently-launched "Smart Compare" instant online 401(k) plan and Service Provider search, comparison and analysis tool. "When BUSINESS WEEK described us as the J.D. Power & Associates of the 401(k) industry, we took the distinction as both a compliment Not to be confused with Complement. Compliment may be
A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals. and Service Providers alike remains unchanged as we continue to grow." 401kExchange.com, Inc. uses its technology, with the Internet, to create time and cost-saving efficiencies for both buyers and sellers of 401(k) plans by combining powerful software with industry-specific business strategies to deliver its deep domain experience, expert customer service and proprietary market research efficiently to the desktops of customers. "Even in this down market there is ever increasing demand for our powerful online services as 401(k) buyers examine the performance of their plans and providers," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Chris Lynch, President, "and we expect our business to double in 2001!" 401kExchange.com is headquartered in West Palm Beach, FL. For more information, visit the Web site at www.401kExchange.com, e-mail DLanman@401kExchange.com or phone 561-434-7735, ext. 226. |
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