ProMana Solutions Enters 'Branded Partner' Agreement with Nassau Benefits Consulting.

Business Editors

PARSIPPANY, N.J.--(BUSINESS WIRE)--May 26, 2004

ProMana Solutions (Pink Sheets: PSLU), a provider of end-to-end solutions for human resource management and business process outsourcing, announced today that it has entered into a "Branded Partner" license

The agreement will provide Nassau with the opportunity to extend its current suite of products and services by offering ProMana's turnkey payroll, benefits and HR outsourcing solution to its clients under the Nassau label.

"Our previous experience in the PEO industry helped us realized that the ProMana Solutions approach offered a turnkey solution to instant profitability," said Marc Pindus, president of Nassau Benefits Consulting. "When we decided to resurrect our PEO, we were faced with the dilemma of paying for all of the normal startup expenses including back office systems, building an infrastructure to support our clients, and incurring a number of other expenses involved in creating a new business. The ProMana solution was a much more practical alternative."

Founded in 2000, Nassau Benefits Consulting is an innovative benefits consulting firm that has developed a number of specialty programs for small to medium-sized businesses.

"Nassau Benefits has always been a pioneer in developing unique programs that transcend the traditional small group marketplace," said Lawrence J. Kass, president and CEO of ProMana Solutions. "We look forward to working with Nassau to implement its newest solution."

About ProMana Solutions

ProMana Solutions has developed a web-based, end-to-end solution for managing the entire spectrum of payroll, benefits, human resource management and business processing outsourcing. Its target market includes any business looking to start or grow its own Professional Employment Organization (PEO) or handle HR outsourcing as either a primary business or as an adjunct to its current business. ProMana's clients include PEO's, accounting firms, insurance agents and brokers, payroll processors, software integration partners, national franchise operations, community banks, business to business consulting firms, and independent end users. Shareholders are encouraged to visit www.promanasolutions.com for more information and to register on the "Investor Relations" page to receive ongoing ProMana news updates.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. PSLU disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and changes in our business strategies.