Archimedes Systems, Inc.

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Archimedes Systems Announces Launch of 529 Compare Tool

FOR IMMEDIATE RELEASE

Waltham, MA - January 3, 2008 - Archimedes Systems has announced the launch of its 529 Compare Tool, a web-based tool that allows for the simultaneous comparison of the plan features and  benefits of up to five 529 Savings plans at a time. The 529 Compare Tool contains information about all of the 529 college savings plans available to investors and provides financial services companies with an increased ability to:

  • Build trust with clients and prospects
  • Educate people about the features and benefits of 529 plans
  • Provide information about the key tax incentives and other benefits associated with the client's or prospect’s home-state plan
  • Motivate clients and prospects to make 529-related decisions with greater confidence

“This tool will greatly assist investors in determining which 529 Plan is right for them,” said Mary Nickeson, Director, College Planning Solutions at Archimedes Systems. “It's a powerful tool that increases awareness and transparency about 529 plans while helping financial services companies and advisors communicate the key state tax benefits and other material features and benefits of 529 plans.”

The 529 Compare Tool is one of more than 20 on-line web tools offered as part of Archimedes’ College Planning Solutions.

About Archimedes

Archimedes is a leading provider of web-based college and retirement planning decision support tools and personalized communications tools that inform, educate, and motivate employees, individuals, participants, advisors and individuals.  Since 1991, we have specialized in designing and building customized applications for retirement, personal finance, education funding, and employee communications.

For more information, visit www.archimedes.com or call 781-647-1110.