SOURCE: Relay Capital Corp.

October 19, 2005 10:21 ET

Relay Capital Corporation Partners With Nassau Benefit Consultants LLC to Provide Payroll and Human Resource Solutions to Businesses

SCOTTSDALE, AZ -- (MARKET WIRE) -- October 19, 2005 -- Relay Capital Corp (OTC: RLYC) (www.relaycorp.com), a developer and marketer of a wide range of financial services, is partnering with Nassau Benefit Consultants, LLC, to provide an outsourced service to businesses to manage the entire gamut of payroll, benefits, human resource management, payroll cards, insurance and other financial services, in a professional and cost effective manner.

"The unique technology solution that Nassau Benefit offers to Relay Capital's customers goes far beyond delivering payroll," said E. Reese Bogle III, CEO of Relay Capital. "It provides them with a state-of-the-art, complete Internet-based customized employee-managed HR information center. For remarkably little cost, a company can now provide benefits and company policy information; federal and state requirements and guidelines; and be Federally and state compliant through an online portal that is continually updated by Nassau Benefits and supported by ProMana Solutions, Inc."

"Typically small to midsize companies -- and even larger ones -- find it difficult to keep up with continual changes in labor management laws and requirements," said Charles J. Ras, CFO of Nassau Benefits. "Our low cost solution takes the headache out of managing an HR department. We have teamed with Relay Capital to combine their financial and insurance offerings with a complete HR package. This will enable their client companies to concentrate on activities that add profit, rather than costs, to their bottom line."

"The partnership with Nassau Benefits gives us a broad range of services we can offer to our customers and helps us stay ahead of our competitors," said Mr. Bogle. "This enables our customers to come to us for solutions for managing the entire spectrum of payroll, benefits, human resource management, payroll cards, insurance and other financial services."

About Relay Capital Corporation:

Relay Capital Corporation (www.relaycorp.com) is a developer and marketer of a wide range of prepaid financial services, including pre-paid stored value cards, reward cards, employee payroll cards, gift, retail and affinity group cards, travel cards and fund transfer cards. Relay Capital Corporation encompasses both the marketing and distribution of pre-paid and pay-transfer cards in concert with the development of loading centers. Loading centers are retail locations, such as convenience stores, check cashing facilities or other types of retail facilities serving to dispense or receive cash facilitating transactions for the stored-value card consumer.

Forward-Looking Statements:

This press release contains "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements include without limitation, statements regarding the timing of an award, if any. These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

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