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ASC Releases Gemini Participant Web Access

LOS ANGELES, CA – January 2004 –

Today ASC launches a web-based retirement account management system for all defined contribution retirement plan types – whether they are valued daily or balance forward.

Utilizing the latest in software and internet technology, Gemini enables the pension administrator to offer clients the most sophisticated in internet accessibility and functionality – while maintaining control of plan data.

Plan participants log onto a site that has the pension administrator’s logo, corporate colors and other branding elements. Yet the website is hosted off-site, so the plan administrator does not incur the expense and logistical challenges of hosting an in-house website.

However, the administrator never relinquishes control of the plan data – plan data remains safe and secure at the administrator’s location. Microsoft’s .NET technology enables the plan data to be sent to the Gemini site, which is branded to look like the administrators site, for viewing by the participant only. No plan data is ever stored at the remote location.

“Gemini increases the professional image of our company – and provides all the features our clients want participant web access” says Theresa Conti of Sunwest pensions. “And for all its sophistication, it’s surprisingly inexpensive.”

“Effectively we architected an ASP-hybrid solution,” explains ASC President, Alan Gould, “previously administrators had to choose between housing everything in-house or going the less expensive route of outsourcing. Now administrators have the best of both worlds.”

Currently ASC is working on the next addition to the Gemini family – Gemini Plan Sponsor Web Access. This is expected to launch in 2005.

About Actuarial Systems Corporation

For over 20 years ASC has been a leading software development company offering comprehensive single-platform software solutions to the retirement plan industry. ASC’s Compliance System is relied upon by the largest banks, insurance companies and third party administrators in the nation. Additional ASC software solutions include Defined Contribution/401(k), Defined Benefit, DV Direct daily valuation, Single-Step Processing and AIM Case Management. The ASC corporate headquarters is based in California with technical offices around the United States. For more information visit www.asc-net.com.


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