Synygy, Inc. to Offer Innovative New Employee Benefit CLEAR to Help Employees Better Manage Personal Finances

9/16/03

BLUE BELL, PA, September 16, 2003 — E-Duction, the provider of CLEAR, a financial program that improves the work/life balance of America's employees, announced today that Synygy, Inc., provider of software and services for creating performance-driven organizations, will offer CLEAR as a benefit to its employees. CLEAR is a payroll deduction card that allows employees to purchase products and services worldwide and pay for them via payroll deduction. Even better, all purchases are paid back over a two- to six-month period, interest-free. Because payments are made automatically through payroll deduction, there are never any late fees or interest.

"As a business leader in providing performance management and incentive compensation solutions, Synygy understands the value of automated payroll deduction," states Kirk Watkins, CEO of E-Duction. "The convenience and savings provided by CLEAR, with automatic bill payment and interest-free purchasing, improves work/life balance. Progressive employers such as Synygy are eager to pass this benefit to their employees to help reduce financial stress and strengthen employee relations."

Worldwide, a difficult economy has caused many organizations to draw back on employee benefits as they work to restructure their organizations according to new market realities. New, no-cost, voluntary benefits such as CLEAR, which are good for both the employer and the employee, are quickly becoming mainstream offerings in today's workplace.

"Our employees appreciate the quality-of-life services we offer-such as eat-in lunch deliveries, dry cleaning, and postage-that can be deducted from an employee's paycheck. Offering CLEAR makes sense for Synygy," commented Ed Steinberg, vice president of Human Resources at Synygy. "Our business is focused on improving performance, so helping employees handle their personal finances in a no-hassle and interest-free environment is a natural fit."

About E-Duction
E-Duction, a leading provider of payroll deduction technology, enables employers to offer employees interest-free purchasing at more than 29 million MasterCard acceptance locations worldwide. By paying for these purchases through payroll deduction, employees can better manage their personal finances, avoid interest and late fees and extend the buying power of their paychecks. CLEAR, the company's patented payment card, makes buying goods and services as easy as using a credit card, at lower costs, with better control and greater payment ease.

CLEAR is currently in use by major corporations nationwide, and has been widely accepted by employees eager to improve and control their personal finances-while saving money.

About
Synygy, Inc. provides software and services for creating performance-driven organizations. Synygy solutions enable companies to better execute their strategies by "operationalizing" how they define performance, reward success, and deliver results. Synygy's award-winning Enterprise Incentive Management (EIM) solutions have been proven by independent study to pay for themselves in eight to nine months. Synygy EIM was also recently picked as the top-ranked EIM product in HR.com's 2003 Buyer's Guide to EIM. Based in suburban Philadelphia, Synygy's success and sustained growth were recognized when Synygy was named to the Inc. 500 Hall of Fame, reflecting Synygy's fifth consecutive inclusion on the Inc. 500.

For more information on E-Duction, please contact:
Theresa Wabler at Gregory FCA Communications at 610-642-8253
E-mail: theresa@gregoryfca.com
- or -
Susan Jefferson at E-Duction at 215-542-2121
E-mail: sjefferson@E-Duction.com

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