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May 09, 2007
PAI GROUP, INC. PROMOTES JIM COSTELLO - BECOMES PRESIDENT OF SOFTWARE DIVISION
May 9, 2007 (Moorestown, New Jersey) - PAI Group, Inc. today announced the promotion of Jim Costello to the position of President of Payroll Associates, LLC, the payroll software unit of PAI Group.Mr. Costello has provided Payroll Associates with software and support leadership in the role of Executive Vice President since 2003. Mr. Costello has over 25 years of experience in the payroll and human resources outsourcing industry. He has held senior management positions at Bank of America, ADP, Genesys Software Systems and EmployeeMatters.com.

“I am extremely pleased to promote Jim to the level of President. Over the past few years, he has greatly enhanced our software business with the introduction of the Encore payroll platform. It’s truly becoming a transformative event in the marketplace” said Bill Scott, CEO of the Moorestown, New Jersey based firm, a leader in the payroll industry. “Jim has also built out a complete suite of alliance products and services, enabling any of our software licensee firms to compete with the product and service offerings of the large national players. His drive, experience and market insight set us apart from any of our payroll software competitors. His position of leadership is imperative as we continue our rapid growth.”

PAI Group, Inc. is comprised of two business units:

Payroll Associates, LLC (www.encorepayroll.com) provides integrated payroll, HR, tax filing and time & attendance products for nearly 300 payroll, PEO and accounting organizations and 100,000 employers nationwide.

PAI Services, LLC, operating as PayChoice, (www.paychoice.com) delivers nationwide payroll, tax filing, benefits and HR services directly to 10,000 small and mid-sized businesses.

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