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Bellevue, WA - July 30,
2008 - Ascentis Corporation, a market leader in
easy-to-use human resource management systems and
Web-based payroll solutions, announced today that
Joseph J. Melone has joined the Board of Directors
and become an investor in the company.
"I am pleased to have the opportunity to invest
in Ascentis and serve on the Board of Directors.
Ascentis plays an important role in addressing the
workforce management needs of medium sized
businesses and I look forward to helping guide the
organization to the next level," said Mr. Melone.
Mr. Melone was formerly the President and CEO
of Equitable Companies, (now part of the AXA Group),
and Chairman and CEO of its principal insurance
subsidiary, the Equitable Life Assurance Society of
the United States. Currently, Mr. Melone serves as
Chairman of Horace Mann Educators Corporation and is
a member of the Board of the Federal Home Loan Bank
of New York. In addition, he is on the Board of
Trustees of the Newark Museum, St. Barnabas
Hospital, and is a director of the Boy Scouts of
America - Greater New York Council.
A recognized authority on pension planning, Mr.
Melone has written numerous books and articles in
professional journals on the subject. He is a former
Huebner Foundation Fellow and was an Associate
Professor of Insurance at The Wharton School of the
University of Pennsylvania. He also served as
Research Director at The American College before
joining The Prudential.
"We are excited that Mr. Melone has joined our
board, as he brings strong experience and ideas to
the table. With his advice we plan to expand
Ascentis offerings and further anchor our status as
a market leader in the workforce management space,"
says Les Goldstein, CEO of Ascentis Corporation.
About Ascentis
Since 1980, Ascentis Corporation has been providing
medium sized businesses with fully integrated HR and
payroll solutions. Known for user-friendly systems
and exceptional customer service, Ascentis makes HR
and payroll easy. For more information about
Ascentis or Ascentis products, visit
www.ascentis.com.
Ascentis media contact: Jennifer
Owens
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jennifero@ascentis.com | 800.229.2713 x 170
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