May 16, 2007
PAI GROUP, INC. PROMOTES CURT RAFFI - BECOMES EVP OF COPORATE DEVELOPMENT
May 16, 2007 (Moorestown, New Jersey) - PAI Group, Inc. today announced the promotion of Curt Raffi to Executive Vice President of Corporate Development. Mr. Raffi has provided PAI Group, Inc. with alliance product and marketing leadership in the role of Vice President, since 2005. A graduate of Harvard University, Mr. Raffi had previously served as the Manager of Payroll Channel Sales, Service & Delivery for Fleet Bank and later Bank of America. Prior to his work at Fleet Bank, Mr. Raffi served as the Marketing Director at InterPay, Inc., the nation’s fifth largest payroll company.

“Over the past two years, Curt has helped us unite our 13 payroll acquisitions into one company, as well as build out new payroll product and service offerings. I am pleased to welcome him to the senior management team.” said Bill Scott, CEO of the Moorestown, New Jersey based firm, a leader in the payroll industry. “Curt has extensive experience in managing distribution channel partnerships, as well as expertise in small business sales, marketing and productization. He is currently building out several new flexibly branded, online service offerings for us. His expertise is unique in the industry, and with it he brings a valuable strategic planning focus to the firm.”

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.