Press Release, August 2007 KeyNet Resources Announces Support for 20 Contribution Sources          KeyNet Resources announces the immediate release their enhanced eDataGate software. TPAs can now process up to 20 contribution sources.  All 20 sources can be entered, imported and used in all of eDataGate's automation such as match, profit sharing and Safe Harbor calculation and verification.     eDataGate is designed to make 401k record keeping data collection, scrubbing, validation and transmittal easier than ever. It is a productivity enhancing tool for both plan sponsors and pension record keepers.  The application supports payroll and compliance data collection, and enrollment processing.     eDataGate is currently in use by hundreds of plan sponsors and is being used to process thousands of individual plan sponsors data files.  The product supports both small and medium size plans of 10-100 employees as well as large plans of 5,000 – 10,000 employees. eDataGate has been in use by both TPAs and plan sponsors for over six years. The most current release has dozens of new features and enhancements that support both TPA and plan sponsor requirements for ease of processing and functionality.     New Features  eDataGate now supports up to 20 contribution sources which can also be used with their automated Match, PSP and SHNE calculations.     Variance reporting has been added for Match, PSP and SHNE automated calculations. This enables the TPA or plan sponsor to quickly determine any variance in deposits and contribution calculations.      Eligibility features have been added to track set and test contributions against eligibility.    Key Benefits of eDataGate All too often, record keepers receive plan sponsor data in many different formats (multiple spreadsheet formats and software versions, paper reports or fax formats, word processing formats) and on many different types of media (diskettes, paper, fax, tapes, bulletin board, e-mail). eDataGate provides a cost effective means of collecting data from plan sponsors to better address the small and medium size plan market.  This software improves plan sponsor data collection and participant services and can be used to automate payroll data processing.  Reduces errors and thereby financial exposure by eliminating TPA key entry of hand written documents including faxes.  Improves productivity of both the record keeper and the plan sponsor. Enhances participant services through computer assisted enrollment and administration. Provides secure data transmission through encryption. eDataGate Functionality eDataGate provides fully integrated functions to support remote plan administration: payroll and compliance data collection and enrollment processing. Payroll (and Compliance) Data Collection Transaction generation by pay period. Payroll data validation by individually customized selection of which e.g. 60+ distinct edits to set as a error, warning or ignore. Data mapping of sponsor spreadsheets and vendor payroll and compliance data files. Reports both detailed and summary financial information by payroll period and combined payroll periods by plan or by employee. Utilities to combine two SSNs, combine and or copy payroll periods, delete terminated employees. Census data reporting by name, address, dates, memo entries, eligibility. Financial data reporting by period, location, loans, contributions, compensation, payroll totals, sum by selected periods, etc. Customize forms for data collection uniquely for each plan sponsor including dates to collect number of compensation fields and contribution types, compliance information etc. 415 and 402(g) testing based on current law. Spreadsheet like payroll grid entry forms customized uniquely for each plan sponsor. General Features Automated data mapping and import of census and financial data from any source (fixed position payroll vendor tapes, delimited input such as spreadsheets etc.). Automated initial database setup for each plan sponsor from existing record keeping data including plan, sponsor, employee, source and funds information. Dozens of customization features to select which features within the product will be made available to the plan sponsor. Dozens of data customization features to select what information to collect. eDataGate System Interfaces eDataGate has import and export and export formats that can directly interface with the following vendor record keeping software:     ASC Valuation System, Datair Pension System., Schwab Retirement Technology Record Keeping.      Standard format for access to any other record keeping system. eDataGate Technology eDataGate is a Microsoft Visual Basic 32 bit application the utilizes Microsoft’s Access database facilities to maintain plan specific data, customization rules and employee census and financial data. The product provides: Password security – plan sponsor enabled/disabled. Data encryption of passwords and export data. Runs on all Windows platforms, including Windows NT, XP. Standalone or network version. Context sensitive help.