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Upromise Investments Receives Integrated Solutions I3 Award

Unique back-office record keeping platform recognized

June 17, 2005

Needham, MASS - Upromise Investments, Inc., a wholly owned subsidiary of Upromise, Inc., today announced that they recently won an Integrated Solutions I³ Award. The honor was presented to Upromise Investments, Inc. at the AIIM 2005 conference held in Philadelphia.  Co-sponsored by Advanstar’s AIIM 2005 and Integrated Solutions magazine, the I3 Award recognizes end users for innovative content management technology installation. Upromise Investments provides 529 plan management and administration services to college savers and state partners. The company successfully deployed information capture technology from Kofax to streamline their back office record keeping operations.

             “Upromise Investments is proud to be recognized by industry experts as an innovator in leveraging technology to better serve State partners and college savers,” said Jim Fadule, president of Upromise Investments.

              Upromise, Inc., the parent company of Upromise Investments, is the country's largest non-governmental service helping families save for college.  Members who join the Upromise® service earn college savings through qualified purchases at participating companies nationwide. Through Upromise Investments, families can invest in tax-advantaged 529 college savings plans.

              “Nearly fifty leading companies were competing for this award, making the selection of Upromise Investments particularly noteworthy,” said Ken Congdon, content management editor for Integrated Solutions, a leading technology magazine. “We were particularly impressed with how Upromise Investments used technology in a creative manner to increase transaction volumes while simultaneously lowering costs.”

               The Upromise Investments 529 platform enables families to go online, open a 529 account, and enroll in the Upromise rewards service. College savings earned through Upromise may be automatically transferred to their linked 529 account on a periodic basis.

About Upromise Upromise is the country's largest non-governmental service helping families save for college. Membership is free and allows families to automatically save money for college while making everyday purchases at more than 20,000 grocery and drug stores, 14,000 gas stations, 8,000 restaurants, 10,000 hotel locations nationwide, thousands of retail stores and over 350 online shopping sites. Upromise's partners include America Online, Citi®, Coca-Cola®, ExxonMobil Corporation, Kellogg Company, Kimberly-Clark, McDonald's®, SBC Communications, JCPenney.com, LandsEnd.com, sears.com, and hundreds of others. Upromise also makes it easy for families to invest in tax-advantaged college savings plans and to use contributions to pay off student loans. The 529 college savings plans are offered through Upromise Investments, Inc. (member NASD/SIPC). Upromise is headquartered in Needham, Mass. For additional information, visit www.upromise.com or call 781.707.8400.

About Integrated Solutions Integrated Solutions magazine covers front end and back end enterprise integrations and shows growing organizations hot to capture, generate, and retrieve data at all points of work and service.  The monthly publication educates IT decision makers about leading-edge technologies and applications that drive business performance-and revenue-by eliminating the boundaries of time, distance, and scale.