Media Releases - 2002 - SurePayroll Announces New CEO

SurePayroll Announces New CEO

Former eFunds Executive Joins SurePayroll as Chief Executive Officer

CHICAGO — May 21, 2002 — SurePayroll, a national leader in the online payroll marketplace, today announced the appointment of Debra A. Janssen as its new CEO.

Janssen brings a strong track record of financial company leadership to SurePayroll. Previously, Janssen served as president and CEO of Deluxe Electronic Payment Systems, a provider of electronic funds transfer processing and software services. During her tenure at Deluxe, Janssen was appointed president and CEO of eFunds, a Deluxe spin-off that went public in 1999.

In addition to her broad financial experience, Janssen also has extensive experience managing companies that leverage the Internet and has a strong operations background. She served as CEO of Mix Inc., an online B2B marketplace owned by Hallmark Cards, built to serve Hallmark’s network of 5000 Gold Crown retailers. Previously, she worked for 14 years with Metavante Corporation (formerly M&I Data Services), a $600 Million financial services provider in Milwaukee, WI.At Metavante Corporation, Janssen held management roles in the customer service and network services areas before being named Chief Information Officer for the organization.

Janssen succeeds Scott Wald, the original founder of SurePayroll, who has served as its part-time CEO since the company’s inception in 1999. Wald will continue in his role as Chairman of the Board of Directors, and, in this capacity, will continue to provide advice and strategic counsel to SurePayroll.

Commenting on the new CEO, Wald said, "The Board of Directors is thrilled to attract an individual of such proven talents as Debra Janssen to SurePayroll. She is one of the most respected individuals in the financial industry. We have great confidence that Debra will continue to build on the strong track record that SurePayroll has established and will help us to achieve our ambitious strategic objectives in the years to come."

"SurePayroll has established itself as a leading provider of payroll services in America with a simple and easy-to-use online payroll solution that overcomes many of the disadvantages of traditional payroll services and is far superior to processing payroll in-house." said Janssen. “This company is poised to truly transform the extent to which small businesses leverage and take advantage of technology in their day-to-day financial operations. When Scott Wald presented the opportunity to assume the lead in taking SurePayroll to the next level, it was an opportunity that I could not pass up."

About SurePayroll:
Founded in 1999, SurePayroll provides a simple, reliable and economical way for small businesses to process and distribute payroll and taxes in minutes via the Internet. The Company's Internet-based payroll service automates the entire payroll process, completely eliminating the traditional processing steps that conventional payroll services providers use. Using Surepayroll, small businesses and their employees can initiate and access their payroll from anywhere, at any time. By leveraging the Internet, payroll is completed in a fraction of the time, at a fraction of the cost.

SurePayroll is a privately held company based in Skokie, IL. SurePayroll’s customer base number in the thousands and includes payroll customers in all 50 states. In addition to providing payroll services directly to small business, SurePayroll also provides a private label payroll service that is used by numerous accounting firms and community banks. SurePayroll’s business partners include Wells Fargo and ABN AMRO. For more information, visit www.surepayroll.com.

For More Information About SurePayroll:
Michael Alter
Senior Vice President
SurePayroll
847-676-8420, ext 7229
michael.alter@surepayroll.com

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