CompuPay Completes Priority Payroll Acquisition

MIRAMAR, Fla., May 11 /PRNewswire/ -- CompuPay, Inc. (www.compupay.com), one of the leading payroll service companies in the United States, today announced the acquisition of Priority Payroll, a Henderson, Nevada-based payroll services company founded in 2003. Located just outside of Las Vegas, Priority Payroll offers payroll, time-keeping and human resource services to medium-sized businesses across the country.

"This transaction is reflective of our overall growth strategy and enables us to add a new and vibrant market to our organization," stated Charlie Lathrop, chairman, president and CEO of CompuPay. "Moreover, Priority Payroll's commitment to service excellence is closely aligned with CompuPay and our vision of being the best, one payroll at a time."

"CompuPay is a good cultural fit for our organization and for our clients," said Kirsten Arredondo, president, Priority Payroll.

CompuPay will continue to operate the Priority Payroll Henderson, Nevada, office and will retain many of its operations personnel. Priority Payroll clients will continue to work with the same payroll specialists with whom they are familiar and will continue to utilize the same payroll platform.  In addition, they will have access to CompuPay's much broader selection of payroll products and related services including 401(k) retirement plans, workers compensation insurance, COBRA administration services and section 125 plans.

"Similar to CompuPay, Priority Payroll has a very strong network of business partners," remarked Kathey Palmer, senior vice president of business development for CompuPay. "We look forward to building relationships with those partners and welcoming them into the CompuPay channel partner program."

About CompuPay

CompuPay, Inc. (www.compupay.com) was founded in 1980 and today is among the largest payroll companies in the United States. CompuPay offers a wide variety of payroll services including online products XpressPayroll (www.xpresspayroll.com) for businesses with one to five employees, PowerPayroll (www.powerpayroll.net) for companies with up to 150 employees and PayrollOnline (www.payrollonline.com) for larger companies with up to 1000 employees. The company provides payroll software and traditional phone-in and fax-in payroll options; full national, state and local tax filing and compliance; and employer-related services such as workers' compensation insurance, health benefits, retirement plans and section 125 plans.

SOURCE CompuPay, Inc.

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