PayMaxx Inks Partnership Agreements to Market Internet Payroll to Small Businesses.

Business Editors & Technology Writers

FRANKLIN, Tenn.--(BUSINESS WIRE)--Dec. 4, 2000

PayMaxx, Inc. (www.paymaxx.com), a national leader in payroll processing and Internet payroll pioneer, today announces the signing of partnership agreements with several key companies to market its Internet-based payroll service, POWERPayroll(TM), to small businesses nationwide. PayMaxx's newest partners include Contractor Online, Upright Systems, PlanetWe.com, Association Solutions, and California Association of Childcare Providers.

"Internet partnerships continue to be a significant component of PayMaxx's business-to-business marketing strategy. By targeting small businesses through a broad network of small business and vertical portals we've been able to achieve greater brand awareness," said Farsheed Ferdowsi, PayMaxx CEO and president. "In the past year, we've experienced a 600 percent growth in our partnership program, and we expect to continue this growth in 2001 with key strategic partnerships."

"The success of our partnership program is attributable to exceptional service and product quality as well as the user friendliness of our Internet product," remarked Kathey Palmer, PayMaxx vice president of business development. "Since its inception, POWERPayroll has received tremendous accolades in numerous publications including Smart Business Magazine's 'A-List of Best Products and Services for Every Business' in which POWERPayroll has been recognized for eleven consecutive months."

POWERPayroll is a browser-based payroll service designed specifically for companies with 100 or fewer employees or for larger companies with multiple work sites. With POWERPayroll, companies anywhere in the United States can submit their payroll via the Internet to PayMaxx's central production site where payroll checks and reports are processed for next-day delivery. In addition to basic payroll processing, POWERPayroll offers nationwide tax filing, electronic new hire reporting and direct deposit. Customers also have 24-hour access to their personal data, which they can view and modify through the Internet.

PayMaxx is proud to announce partnership agreements with the following small business solutions:

Contractor Online.com is a membership organization of certified professionals that has assisted thousands of property owners and real estate professionals find qualified, pre-screened contractors and trades-people for remodeling, maintenance and repair projects since 1989. The company currently handles thousands of referrals a month. The company provides consumers and property managers with the ability to securely and discreetly identify and contact members via its web site using their proprietary Intellifind(c) technology. More information about Contractor Online.com and its services can be found on its web site http://www.ContractorOnline.com, or by calling them at (888) Refer-EZ.

Upright Systems, an ASP Infrastructure Provider, delivers turnkey, branded hosting solutions which enable application publishers and resellers to immediately become Application Service Providers (ASPs). Founded in 1999 and building on proprietary technology developed and refined with the benefit of years of experience, Upright Systems is strategically positioned to capitalize on the huge opportunities presented by the emerging ASP market. For more information on Upright Systems, please visit our web site at http://www.uprightsystems.com/.

PlanetWE is the premier services procurement and management agency. planetWE helps small and medium-sized companies research, purchase and manage all their services in one place, through local consultants and the planetWE web site. planetWE provides the small business owner with convenience, high quality, fair prices and focused information for their basic business services needs. The categories of planetWE's business support services are financial, human resources, telecommunications, Internet, information technology, logistics, business planning, and strategy. More information can be found by visting http://www.planetwe.com or sending an email to [e-mail].

Association Solutions was founded on the premise of finding solutions for organizations that must meet specific needs. They have a system for every aspect of management. Whether it be special projects, services or inclusive management, systems are in place to achieve results. Association Solutions recognizes that key leaders, as well as active members of an organization have business and personal lives. Volunteers are subject to a "point of no return" and that is exactly what Association Solutions can avoid. Association Solutions enables organizations to stay focused on the purpose and goals of the association eliminating many of the tasks and responsibilities board members are often burdened and many times overwhelmed with.

The California Association of Childcare Providers (CACP) provides business and professional services for the licensed childcare providers of California. CACP is an Internet-based association dedicated to supporting providers and helping them achieve security and success in their businesses. The organization seeks to represent the 50,000 licensed childcare providers in the state of California that until now have had no representation in the legislature. CACP is associated with "The Wilson Group LLC" the largest lobbying firm in California and is working toward securing licensee's rights. CACP also works with Community Care Licensing to help provide good working relationships between licensees and the licensing agency.

About PayMaxx

Founded in 1991, PayMaxx offers state-of-the-art products and services to meet a variety of employer needs including Windows and Internet-based payroll processing, nationwide tax filing, 401(k) Administration, Abra HR Management Systems, pay-as-you-go workers' compensation, employee self-service, manager self-service, employee communications, Internet-accessible W-2s, and paycards. PayMaxx processes payroll for employers in all 50 states, for companies with 1-20,000 employees.

Named to Inc. Magazine's prestigious Inc. 500 list of America's fastest-growing private companies for three consecutive years, PayMaxx is also the recipient of the Inc./Cisco Growing with Technology Award.