SOURCE: PayCycle, Inc.

July 20, 2006 10:00 ET

PayCycle Announces One-Click Integration With Microsoft® Money 2007 Home & Business

Seamless Data Transfer Between PayCycle and Microsoft Money Accounts Makes Payroll Even Easier for Small Businesses

PALO ALTO, CA -- (MARKET WIRE) -- July 20, 2006 -- PayCycle, Inc. (www.paycycle.com), the leader in on-demand payroll, today announced that its online payroll solution has been selected by Microsoft to be included in Microsoft Money 2007 Home & Business (www.microsoft.com/money). This marks the fifth consecutive year that the PayCycle® Money service has been featured in the popular Microsoft Money product line.

Specifically designed to meet the payroll needs of small businesses, PayCycle's simple, online interface guides employers through every step of the payroll process. New this year, Microsoft Money 2007 Home & Business features "one-click" integration between PayCycle and Microsoft Money accounts. This enhancement was incorporated into the 2007 product as a direct result of customer feedback. Users can now save even more time by transferring their payroll and tax payment information from their PayCycle account to their Microsoft Money account with a single click.

Also new to PayCycle is the "My Setup Wizard," which provides a customized, intuitive setup path that guides new users step-by-step through the account setup process. "My Setup Wizard" makes it easier than ever to get started with PayCycle. Another new feature available with PayCycle's Payroll Plus and Basic services is www.paycheckrecords.com, an individualized employee website which enables employees to access their current and historic paystubs online, via a secure website.

"In the three years that I have used PayCycle's service I have been consistently impressed by its ease of use and accuracy," said John Piersall of LWP Financial Services, based in Leesburg, Florida. "The PayCycle site is very easy to navigate and the online help is fantastic."

"Our customers continue to tell us that making payroll easy is the most important thing we can do for them. New features such as one-click integration between Microsoft Money and PayCycle and My Setup Wizard are excellent examples of PayCycle's commitment to making it easy for our customers and partners," said Jim Heeger, CEO of PayCycle, Inc.

"Throughout our five-year relationship with PayCycle, our customers have remained extremely satisfied with the product's ease of use and outstanding customer service," said Anne Quaranta, senior product manager for Microsoft Money.

Microsoft Money 2007 Home & Business users receive 12 months free of the PayCycle Money service. After the introductory free period, PayCycle Money is $14.99 per month for the first five employees and $1.50 per month for each additional employee over five.

About PayCycle

PayCycle is the leader in on-demand payroll, targeting small businesses and the accountants who serve them. PayCycle's mission is to make paper-based payroll obsolete. PayCycle's unique, "Do-It-With-You(SM)" (DIWY(SM)) technology platform guides customers through the entire payroll process from paychecks to W-2s. By integrating with the leading small business accounting packages such as Microsoft® Money Home and Business, PayCycle eliminates the hassle of data re-entry. PayCycle is committed to providing outstanding customer service and is a proud finalist for the 2006 American Business Association's "Stevie" award for "Best Customer Service Organization."

PayCycle is a registered trademark, and "Do-It-With-You" and "DIWY" are service marks of PayCycle, Inc. All other product names and trademarks are the property of their respective owners.

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