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Genesys Announces New Payroll Tax Filing Service

Offering Meets Growing Demand for Comprehensive Human Resources Outsourcing Services

METHUEN, Mass. — September 5, 2002 — Genesys, a provider of software and outsourcing services for, human resource (HR) management, payroll, benefits, and learning management, today announced the introduction of the Genesys Tax Filing Service, a comprehensive payroll tax filing service for all employers. The service is available immediately. All tax filing services will be processed at the Genesys data processing center, located in Methuen, MA, which features extensive security, backup and redundant systems.

The Genesys Tax Filing Service supports all local, state, and federal tax jurisdictions within the United States and its territories. The service also handles school district taxes, occupational privilege taxes, and special assessments at the city and county levels.

"Many organizations are recognizing that the staffing required to keep up with changing tax regulations just isn't an astute resource investment," said Larry Munini, president of Genesys. "As a result, more and more organizations are looking to outsource tax filing and other non-core business functions. We have a state of the art processing facility designed to efficiently handle large volumes of data, as well as the complexities involved with handling outsourcing for a geographically dispersed employee base."

The Genesys Tax Filing Service includes all facets of payroll tax processing, including:

• Collection and consolidation of tax data from all corporate locations.



• Deposit of federal, state, and local payroll taxes.



• Preparation and filing of all payroll tax returns.



• Ongoing legislative research to monitor changing tax regulations for local, state, and federal jurisdictions.

Costs for the service are determined by the number of tax jurisdictions, size of the payroll, and number of federal employer identification numbers (FEIN) used by the organization. The filing service can be used in conjunction with any payroll package or payroll vendor. To obtain more specific information about the Genesys Tax Filing Service, contact Earle Phillips at ephillips@genesysHCM.com or (978) 685-5400, ext. 3008.

About Genesys

Genesys is a privately held company with headquarters in Methuen, Massachusetts, and offices throughout the United States. Founded in 1981, the company offers an extensive solution suite for comprehensive payroll, human resources, benefits, and learning and competency management. All products and services are based on a high-performance, Web-native architecture that enables users to conduct day-to-day business activities - including complex payroll production, data entry, reporting and inquiries - with a standard Web-browser interface.

For the past eight years, hundreds of clients have depended on Genesys for outsourcing and ASP services for confidential, mission-critical business and employee data. Headquarter facilities include a state-of-the-art data center with extensive security, backup, and redundant systems.

PeopleComeFirst Learning, a Web-based learning and competency management system, is the newest addition to the Genesys portfolio. PeopleComeFirst Learning has recently been adopted by organizations such as Christiana Care, Lands' End and Hillsborough County.

Genesys also recently announced PeopleComeFirst Healthcare Learning Advantage, a comprehensive learning solution for healthcare organizations.

For more information, visit www.genesysHCM.com or call (800) 580-5450.

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