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ASCENTIS SOFTWARE AND PAYROLL ONLINE ENTER JOINT MARKETING AGREEMENT

Ascentis Software and Payroll Online announce joint marketing and technology integration agreement. Recognizing the trend and necessity to deliver integrated HR, Benefits, and Payroll services, Ascentis and Payroll Online will combine their best-of-breed HR and Payroll technologies.

For Immediate Release


ASCENTIS SOFTWARE AND PAYROLL ONLINE ENTER JOINT MARKETING AGREEMENT

Deliver integrated outsourced HR, benefits, and payroll service suite for small to mid-sized organizations


BELLEVUE, Wash. - Feb. 24, 2003 - Ascentis Software and Payroll Online announce joint marketing and technology integration agreement.

Recognizing the trend and necessity to deliver integrated HR, Benefits, and Payroll services, Ascentis and Payroll Online will combine their best-of-breed HR and Payroll technologies. Both companies can now offer a complete HR solution to their existing customers and mid-market distribution channels nationwide.

"Ascentis' HROffice solutions automate all HR processes, eradicate paper trails, and prevent costly errors in benefits data. With the addition of hosted online payroll, HROffice users can now outsource their payroll needs via a fully integrated suite of offerings," said Chuck DAmbrosia, CEO of Ascentis Software.

DAmbrosia continues, Payroll Onlines Employer Services Network (ESN) platform is a natural addition to our product line. Our integrated applications efficiently manage an organizations two largest expenses – payroll and benefits – through outsourced services. Connecting employee-related benefits information directly to payroll data is a significant enhancement we are pleased to offer our small and medium-sized customers."

Payroll Onlines Chairman and CEO, Bob McCambridge states, Our new partnership with Ascentis strategically positions us to meet the market demand in the fast growing Human Resource Outsourcing services sector. Our integrated applications via web services across a common Microsoft .Net Framework, provide flexible, secure, and scalable outsource solutions for the middle market."

About Ascentis Software

Founded in 1994 and based in Bellevue Wash., Ascentis Software is a pioneer in state-of-the-art human resources management systems (HRMS). Ascentis Software offers a best-in-class, fully integrated and centralized human resources and benefits management system that promotes connectivity, communication and control for small to mid-sized organizations. The company's flagship product, HROffice, eliminates the paper process and builds on the latest technologies from Microsoft for easy integration with those tools HR departments use on a day-to-day basis. Ascentis Software was named by Deloitte & Touche to the Deloitte & Touche prestigious 2003 Technology Fast 500 list and is ranked one of the 500 fastest growing technology companies in North America -- one of the top 50 in Washington State. For more information on Ascentis Software and the HROffice product line, visit www.ascentis.com or call 800.229.2713.

About Payroll Online Corporation

Payroll Online is a privately held company providing business process outsourcing web-services to small and medium-sized businesses nationwide. Payroll Onlines proprietary Employer Services Network (ESN) technology platform delivers integrated online payroll processing, tax-filing, time and attendance reporting, and human resource services in a secure, hosted environment. ESN self-service features bridge the organizational resource gaps in managing a dynamic workforce. Payroll Onlines ESN web-services increase employee productivity and reduce employer administrative costs with the speed and convenience of the Internet. Payroll Online is a Microsoft .Net Certified Business Solutions Partner. For more information on Payroll Online and ESN, visit www.payrollonline.com or call 800.554.0075.

###

Ascentis Media Contact:   
Courtney McKenzie
Courtney@ascentis.com
425.289.2359

Payroll Online Media Contact:
Michael Miller
mikem@payrollonline.com
425.747.3985 ext. 105
   


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Courtney McKenzie
Ascentis Software
425-289-2359
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