Transamerica Retirement Services Implements WMSI's Automated IRA Account Opening Solution

Bedminster, NJ - 26 February 2007

Wealth Management Systems Supports Asset Retention Initiatives and Real Time Account Openings

Wealth Management Systems Inc., a leading provider of rollover services for the financial services industry, announced today that Transamerica Retirement Services1 is implementing WMSI's Rollover Solutions Network on behalf of one of its primary alliance partners to automate IRA account openings and further asset retention initiatives.

WMSI's Rollover Solutions Network will be accessible to participants serviced by Transamerica Retirement Services on behalf of its alliance partner. Through the Transamerica Retirement Services Web site, participants can gain direct access to the alliance partner's IRA services. Functioning as an electronic interface between Transamerica Retirement Services and its alliance partner, the WMSI platform facilitates real-time IRA account openings by exchanging participant plan account data with retail account opening systems.

According to Barbara Cantello, of Transamerica Retirement Services, "We expect the Rollover Solutions Network will enhance the participant experience by providing direct access to IRA services and further empower participants to make informed decisions about their distribution options. Our investment management clients continually look for innovative solutions to help them retain assets, and the Rollover Solutions Network will support this goal."

John Geli, Chief Operating Officer at WMSI added, "Our ability to facilitate retail IRA account openings enables providers of recordkeeping services like Transamerica Retirement Services to integrate with multiple financial institutions, to further internal rollover initiatives and to support the asset retention goals of their key alliance partners."

Transamerica Retirement Services currently uses WMSI's Mandatory Rollover Program for terminated participant accounts under $5,000, and has completed the implementation of the Rollover Solutions Network in support of retirement services clients.

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