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Press Release

RolloverSystems Names Zerrick Bynum Chief Financial Officer

Industry veteran appointed to pivotal management role with leading provider of automated 401(k) rollover solutions

CHARLOTTE, N.C. (July 11, 2006) -- RolloverSystems, the company that pioneered the independent, automated 401(k) rollover platform, announced it has appointed Zerrick Bynum as the company's chief financial officer, effective immediately. Bynum brings over 15 years of finance and entrepreneurial management experience to the company.

In his new role, Bynum will be responsible for spearheading RolloverSystems' financial strategies. The appointment comes at a time of significant growth for the company, as it continues to forge new partnerships with a diverse set of clients in the rollover and retirement industry.

"As we expand our solutions, it's vital we have a strong financial leader at the helm," said RolloverSystems CEO Reginald Bowser. "Zerrick brings the extraordinary management skills that will give us a competitive edge during this important point in the company's expansion."

Prior to joining RolloverSystems, Bynum was the founding principal of Charlotte Franchise Partners, LLC, a private investment firm where he lead the finance, legal and business development / acquisition efforts. In addition, Bynum worked as an investment banker at Donaldson Lufkin & Jenrette and Bowles Hollowell Conner & Company (now part of Wachovia Securities), where he conducted numerous mergers and acquisitions, debt financings, equity offerings and restructurings. Bynum has a BS in Electrical Engineering from Stanford University and an MBA from Harvard Business School.

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