Leveraging technology & personalized communication to create powerful response

Synapses Announces Release of Automated Response Processing Products for 401(k) Providers



CHARLOTTE, N.C. – October 16, 2006 – Synapses, Inc., a leading provider of personalized 401(k) education, products and services, today announced it now offers personalized response cards and a corresponding automated processing for 401(k) participants.

Today, Synapses now offers 401(k) providers personalized response cards that can be sent to 401(k) participants with Retirement Income Reports. The cards detail suggested deferral rate changes tailored to meet the participant's retirement income target. Through a proprietary scanning and imaging system that receives the response cards, Synapses generates recommended follow up correspondence and a transaction file of changes to the 401(k) provider and/or sponsor.

Serving as an effective complement to 401(k) Web sites and telephone support, the response cards stimulates unmatched awareness and diligence among participants while also providing sponsors and providers with a detailed illustration of participation status.

"Synapses continues to offer a powerful combination of data to 401(k) participants, sponsors and providers, greatly enhancing the benefits of a 401(k) plan," said Jim Saunders, President of Synapses. "We pride ourselves on deploying innovative technologies to provide the needed data to maximize the benefits for all. Our release of automated response processing stands the latest illustration of our commitment to the market."



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