Archimedes Systems, Inc.

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Archimedes Systems Announces New Director of Sales

FOR IMMEDIATE RELEASE

Waltham, MA – September 30, 2008 - Archimedes Systems has announced the appointment of Michael Book as Director of Sales.  Archimedes is a leading provider of web-based college and retirement planning decision support tools and personalized communications that inform, educate, and motivate.

Warren Hadley, President of Archimedes Systems, says, “Mike brings considerable sales, marketing and industry experience to Archimedes, and the timing is perfect.  Our business is on an upswing and we’re expanding our capabilities.  We have had a solid year of innovation, including new products such as our 529 compare tool, on-line total rewards statements, and health care, retirement plan and stock option modeling and election tools.  Mike is the perfect addition to Archimedes to help fuel our growth goals by expanding our relationships within the financial services industry."

In his new role, Mr. Book will have direct responsibility for all of Archimedes' marketing and business development initiatives.  “Over the years, I have come to appreciate Archimedes' tremendous talent and its ability to use that talent to develop truly innovative solutions within the financial services industry." said Mr. Book.  “I’m impressed with the team of veterans Archimedes has assembled and I believe Archimedes' value proposition is perfectly aligned with the evolving needs of the financial services marketplace.  I am extremely excited to be joining Archimedes' executive management team." 

Prior to joining Archimedes, Mr. Book held a senior-level executive management position with Convergent Retirement Plan Solutions and held senior-level sales positions with two of the nation’s leading retirement service outsource providers, BISYS Retirement Services and Universal Pensions, Inc. (UPI).

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.