Westlake Village, CA, Jan 15, 2002 – CitiStreet, an industry-leading employee benefits outsourcing provider, has recently selected P+W Software’s POWERPLUS FSA Administration System for the administration of their clients’ flexible spending account (FSA) plans. The POWERPLUS system includes numerous advanced capabilities that will be a superb fit with CitiStreet’s dedication to providing comprehensive employee benefit administration services for some of the country’s largest companies.

CitiStreet has over ten years of experience offering creative, responsive, and cost-effective plan administration solutions and is one of the largest global benefits delivery firms in the US.  With corporate headquarters in Quincy, MA, CitiStreet has 3,000 employees, with offices in Jacksonville, FL, East Brunswick, NJ, Minneapolis, MN and Boston, MA, as well as 35 field offices around the nation. CitiStreet serves about 6.5 million participants and administers approximately $200 billion in assets for defined contribution, defined benefit and health and welfare plans of corporate, government, health care, Taft-Hartley and not-for-profit organizations. CitiStreet is a 50/50 joint venture between State Street Corp. (NYSE:STT) and Citigroup (NYSE:C).

P+W Software is a privately held benefits software firm located in Westlake Village, CA. Their POWERPLUS Flexible Benefits Administration System has been the industry leader since 1988 for both professional administrators and plan sponsors responsible for the management of flexible spending accounts, traditional health and welfare benefit plans, and full-choice cafeteria plans. You can visit their website at .