Benefit Software Provides Personalized Employee Benefit Statement Service for TK Holdings Inc.

SANTA BARBARA, Calif. -- Benefit Software Inc. (www.bsiweb.com), a leading provider of employee benefit communications, provides TK Holdings with personalized benefit statements to communicate the high cost of benefits to the company's 2,700 plus United States employees.

Michelle DuFour, Director of Benefits for TK Holdings, said, "We chose personalized employee benefit statements as the best way to help our employees understand the soft dollar compensation they receive from our benefit programs in addition to their salary. The expense to provide our benefit program is growing and the employees now know what these programs cost the company in relation to the employees' cost to participate. The statements are reinforcement to our employees that we offer a great benefit package. We show the value of the health and welfare benefits, highlight the generous 401(k) match, and the expense to provide paid time off."

Ms. DuFour commented, "We chose Benefit Software to handle this project because the fee was competitive and the process was compatible with the way we store information internally. The value of the statements definitely outweighed the fee to produce them. The statements were attractive, received positive feedback and the BSI project manager was great."

Benefit Software Inc. is a leading provider of employee benefit communications products and services. For more than 25 years, U.S. organizations have come to rely on BSI when they want affordable communication solutions. According to William Smith, V.P of Sales and Marketing at Benefit Software, "We are finding that more and more small to mid-size employers don't have the time or expertise to produce personalized benefit statements in-house. Our Professional Services team can step in at any point in the benefit communications process and help organizations affordably execute their strategic communications goals."

Mr. Smith also commented, "The Professional Services team works with clients throughout the process, from strategy and statement design to data gathering and final production. We also help clients evaluate whether traditional paper statements or hosted, Internet enabled statements are best suited to their communications goals. In other words, we provide total outsourcing of the benefit statement process."

Benefit statements show employees their employer paid benefits in easy to understand tables and graphs and what these benefits are worth. This helps employees understand and appreciate the total value of their total compensation package. Employers who provide their employees with personalized benefit statements find that employee morale goes up, turnover is reduced, and productivity increases.

Benefit Software clients have three options when it comes to producing personalized benefit statements. They can purchase Fringe Facts Communicator software to create statements in-house or, depending on their requirements, they can engage BSI to design and produce printed employee statements or host a 24/7 employee benefit communications portal.

About TK Holdings Inc. (TAKATA Global Group)

Takata Inc., a global manufacturer of automotive safety systems, is one of the largest suppliers of complete safety systems in the world. Takata produces a full line of seat belt systems and components, airbag modules and inflators, electronic sensor units and modules, steering wheels and clocksprings, as well as a broad range of interior trim components. For more information, visit www.takata.com.

About Benefit Software Inc.

Benefit Software Inc. (BSI) enables companies to offer employee self-service benefit enrollment, information, and employer administration including billing, reconciliation and communication between HRIS, payroll and insurance carriers. Fringe Facts Online services are delivered as hosted applications, comprehensive to the benefit package of the employer, including core and voluntary benefits. BSI delivers advanced software solutions that manage benefit communications and workers' compensation claims. For more information, visit www.bsiweb.com.