New program for plan service providers will help buyers identify the elite providers who have pledged to adhere to high professional standards.

Westlake Village, CA, Oct 19, 2005 – P+W Software, the leading provider of Flexible Benefits Administration systems for professional administrators and corporate plan sponsors, announced today that they have been accepted as a charter member of the ECFC Accreditation Program for plan service providers. This program, managed by the Alliance for Affinity Security, a non-profit organization, is the second phase of ECFC’s certification program. The companies receiving this certification have pledged to adhere to the high professional practice standards developed by the American Society of Association Executives and have been accredited by the Academy for Professional and Ethical Standards of the Alliance for Affinity Security in cooperation with the Employers Council on Flexible Compensation.

Companies and firms have been selected for this certification based on their professional experience and their commitment to high standards, and are a good choice if you are contemplating retaining assistance with the design, implementation and ongoing administration of a Health Savings Account, Health Reimbursement Arrangement or other Defined Contribution or High Deductible Health Plan.

P+W Software’s POWERPLUS system has been the leading administration system for the past 18 years for Flexible Spending Accounts, and offers convenient integration of HRAs and HSAs along with the traditional Section 125 FSA plans.

Tom Philipp, President of P+W, says of the accreditation, “We are obviously proud to have been selected among the charter group of recognized firms. We’ve always believed that if you are going to do something, do it the best you possibly can and do it right. ECFC deserves high marks for setting standards within our industry, through their individual certification program and now the provider program. We hope this program will encourage buyers to focus their attention on providers with a proven record of excellence.”