E-Duction Launches Clear Alliance Channel Sales Program
E-Duction expands sales channel due to overwhelming demand for Clear voluntary benefit

08/15/02

BLUE BELL, PA, August 15, 2002— E-Duction introduced today Clear Alliance, a channel reseller program designed to provide insurance brokerages, employee benefit brokers, consultants and payroll processors with an array of strategic tools for marketing and implementing Clear, an innovative voluntary benefit that allows employees to buy products and services interest-free via payroll deduction.

E-Duction offers a unique solution that provides brokers with the ability to increase revenues while offering a powerful employee benefit at no direct cost to the corporation. Our strategy moving forward is to support our broker partners and provide them with the tools they need to present and deploy Clear throughout their client base.

Under the program, which is designed to optimize the income potential for Alliance members, E-Duction has established an in-house team of channel account managers dedicated to "providing critical support services throughout the entire lifecycle of Clear, from marketing and sales support, to employee enrollment, implementation, technology deployment and ongoing program support," according to Robert Zimmerman, E-Duction’s Vice President of Channel Sales.

E-Duction offers companies an innovative voluntary employee benefit, Clear, which allows employees to purchase products and services from more than 24 million locations worldwide and pay for them interest-free through payroll deduction. The company is currently working with several of the leading employee benefit brokerage firms in the country.

About E-Duction, Inc. — E-Duction was launched to capitalize on a growing trend that has emerged in payment technology - payroll deduction. In July of 2002, E-Duction introduced the first payroll deduction card, Clear, that gives employees interest-free purchasing power, 365 days per year. Clear is an innovative voluntary benefit that allows employees to make purchases at over 24 million MasterCard acceptance locations worldwide and spread payments out over future paychecks. E-Duction has teamed with some of the world's largest consumer financial services companies including MasterCard International.

For further information on E-Duction, Inc., contact:
Tom McCormick
Fax: 215.542.7090
E-mail: tmccormick@E-Duction.com

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