Small Business Resources, Business Advice and Forms from AllBusiness.com

ProMana Solutions and PowerPlace to Release Back Office Solution for Staffing Industry.

Publication: Business Wire
Date: Monday, October 4 2004

PARSIPPANY, N.J. -- ProMana Solutions (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, announced today that it has signed a strategic partnership agreement with PowerPlace Software, Inc. to jointly release an end-to-end solution for managing all aspects of running, managing, and administrative processing for the temporary, temp-to-perm, and permanent staffing industry.

The solution provides applicant tracking, customer relationship management, payroll processing, benefits administration, human resource (HR) management and compliance, accounting and all back-office processing, including invoicing and accountants receivable management - all on one single platform.

"This alliance will give PowerPlace customers the opportunity to move to a fully-integrated, web-native back-office solution," said ProMana CEO Larry Kass. "We believe that our new solution will revolutionize the staffing industry by allowing companies to concentrate on sales and marketing while the labor intensive back office can be outsourced to ProMana and automated through the joint efforts of ProMana and PowerPlace."

About ProMana Solutions

ProMana Solutions (Pink Sheets: PSLU) offers a web-based software solution to small and medium sized companies worldwide. Its flagship product manages the entire spectrum of administration, accounting, payroll, benefits, human resources and a host of other functions for clients. The company's open architecture utilizes only Web server applications that integrate easily into existing client operating platforms.

PSLU sells its software through "branded partner" agreements with insurance companies, accounting firms, payroll processors, banks, franchise operators, B2B consulting firms, professional employment organizations, and others. The company earns revenues from licensing fees paid by branded partners and recurring monthly usage fees from end users. The PSLU solution provides a strong value proposition of cost savings for end users and adjunct revenue opportunities for its branded partners.

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.

About PowerPlace

For 15 years, PowerPlace has been modernizing staffing firms and HR departments with high-performance tools that are intuitive and user-friendly. PowerPlace offers seamless end-to-end recruiting solutions from the front-office to the back-office to the web and is considered by many to be the leading choice for temporary, permanent, temp-to-hire, executive staffing and HR recruiting. Visit www.powerplacesoftware.com for more information.

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.

In addition, make sure to read these articles:

  • WorldTeq Adds Legal Staffing Firm to...
  • Business Editors ROCKVILLE, Md.--(BUSINESS WIRE)--Feb. 4, 2004 WorldTeq Group International Inc. (OTCBB:WTEQ), a full-service solutions provider of Affinity Services including Long Distance, Toll Free services, ......
  • ATC Announces New License Location in West...
  • LAKE SUCCESS, N.Y. -- ATC Healthcare, Inc., (AMEX:AHN) a leader in medical staffing, today announced that it has signed a License Agreement with SONS Nursing, ......
  • Global eXchange Services Completes Acquisition of...
  • Business Editors/High-Tech Writers GAITHERSBURG, Md.--(BUSINESS WIRE)--Feb. 13, 2004 Global eXchange Services, Inc., a leading provider of B2B integration solutions, today announced that it has completed ......
  • SkyPoint chooses PicoPoint to deliver...
  • EUROPEMEDIA-(C)2003 Van Dusseldorp & Partners - http://www.vandusseldorp.com/ SkyPoint, a Dutch wireless internet service provider (WISP) has selected PicoPoint to deliver the fully managed and centralised ......
  • ProMana Solutions Reports Revenue &...
  • PARSIPPANY, N.J. -- ProMana Solutions (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for human resource management and business process outsourcing, announced ......
  • ProMana Solutions Signs Reseller Agreement with G.
  • PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource ......
  • eEmpACT Continues to Transform Industry...
  • Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--Oct. 27, 2003 Strategy of New Products, New Pricing & Acquisitions is Accelerating Last Year's Shakeup Perennial leader eEmpACT is a ......
  • ProMana Solutions Enters 'Branded...
  • 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, ......
  • ProMana Solutions Announces New Software Release.
  • PARSIPPANY, N.J. -- ProMana Solutions (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for human resource management and business process outsourcing, announced ......
  • ProMana Solutions Adds Armand Tazza as Director...
  • PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, ......
  • Volt Implements PeopleSoft's...
  • Business Editors/Hi-Tech Writers PLEASANTON, Calif.--(BUSINESS WIRE)--Dec. 19, 2000 Volt Information Sciences, Inc. (NYSE:VOL) is the first company to implement PeopleSoft Inc.'s (Nasdaq:PSFT) groundbreaking staffing solution ......
  • Nassau Benefits Consulting Offers ProMana Solution...
  • PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource ......
  • ProMana Solutions Signs JBL Trinity Group, Ltd.
  • Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--June 2, 2004 ProMana Solutions (Pink Sheets:PSLU), a provider of end-to-end solutions for human resource management and business process outsourcing, announced ......
  • ProMana Solutions Announces Second Specialty...
  • PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, ......
  • ProMana Solutions Announces Specialty...
  • PARSIPPANY, N.J. -- ProMana Solutions, Inc. (Pink Sheets: PSLU), a provider of end-to-end Intranet based software solutions for business work flow and human resource management, ......
Sponsored by: