vWise Introduces Tiered Pricing Model for SmartPlan Enterprise; ExpertPlan First Provider to Deploy Under New Pricing

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March 2, 2010
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vWise Introduces Tiered Pricing Model for SmartPlan Enterprise; ExpertPlan First Provider to Deploy Under New Pricing

ALISO VIEJO, Calif., March 2 -- vWise Inc. today announced that it has introduced a tiered pricing model for its award-winning SmartPlan Enterprise solution. The new pricing model - developed in consultation with ExpertPlan, which is the first provider to deploy plans using it - offers increased flexibility to providers and helps them bring SmartPlan Enterprise to even the smallest plans.

"We believe SmartPlan is the future of plan communication, and is especially important for smaller plans that don't have a large communications budget. We wanted SmartPlan for all our clients, not just our larger ones. vWise listened, and came up with a pricing model that makes sense for us," commented ExpertPlan Chief Executive Officer Julian Onorato.

"We have been searching for a way to provide SmartPlan at a price any plan can afford, and with help from ExpertPlan we have been able to create a tiered pricing model that makes that a reality," remarked vWise President Tony Mingo.

About SmartPlan Enterprise

Designed to help average investors better understand their retirement plans, SmartPlan Enterprise provides the benefits of a personal financial professional, in a website available 24/7/365. By combining a video-based presentation of detailed financial information with an interactive application that prompts users to make informed investment decisions, SmartPlan Enterprise can help increase plan enrollment, raise participant contribution levels, and reduce support costs.

The SmartPlan Enterprise participant environment features a familiar interface that makes it easy to navigate, even for novice users, and allows a participant to go at his or her own pace. Our video hosts offer a brief video overview of 401(k) basics, followed by a discussion of selected features, such as auto-enrollment, matching contributions, and loans. Then, using simple interactive forms, our video hosts then guide participants through a short process, including individual retirement needs and risk profile surveys, and selection of investment types and contribution amounts, that generates a personalized investor profile. The SmartPlan Enterprise system is integrated with a provider's participant database, to deliver a custom experience and allow upload of participant choices.

About ExpertPlan

ExpertPlan Inc., headquartered outside of Princeton, NJ, is the premier provider of private-labeled recordkeeping solutions to asset management firms, TPAs, RIAs, broker dealers, insurance companies, CPAs, payroll companies and banks that serve 401(k) and other defined contribution plans. The firm's scalable recordkeeping solution can be customized to fully integrate with a client's business and distribution models.

ExpertPlan is recognized as a leading provider of retirement plan services by PLANSPONSOR, PLANADVISER, and CFO.com and is continually ranked as one of the most rapidly growing private companies in the U.S. by Inc. 5000. ExpertPlan was one of the first U.S. recordkeepers to receive the CEFEX (Centre for Fiduciary Excellence) certification and is one of the thirteen original members of CIKR, the Council of Independent 401(k) Recordkeepers. CIKR is sister organization of ASPPA, the American Society of Pension Professionals and Actuaries.

Several representatives from ExpertPlan, including Julian Onorato, CEO and Chairman of the Board, and John Farmakis, Senior Vice President, Sales and Business Development, will be attending the ASPPA 401(k) Summit conference in Orlando, FL on March 14-16, 2010 (booth 505).

About vWise

vWise is a leading developer of rich-media Internet applications based upon its E3 (that's E-Cubed) architecture. Its SmartPlan Enterprise solution, which serves the defined contribution markets, uses a proprietary mix of video and interactive technologies to help people better understand complex information and make personalized choices. For more information, visit http://www.vwise.com/.

  For more information, contact:

  Gregory Newman
  (949) 716-1277
  gnewman@vwise.com

This release was issued through eReleases(TM).  For more information, visit http://www.ereleases.com/.

Source: vWise Inc.
   

CONTACT:  Gregory Newman of vWise, +1-949-716-1277, gnewman@vwise.com

Web Site:  http://www.vwise.com/

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