Innovest provides fulfillment services for over 10,000,000 documents annually.

Every year, Innovest processes over 6,000,000 payments.

Innovest has converted clients off virtually every legacy trust platform--Charlotte, AddVantage, Global Plus, FIS Metavante, SEI--and most of the smaller providers, as well. Any Innovest client will tell you how much better life is on a modern-era platform.

Like the U.S. Supreme Court, Innovest leverages the expertise and resources of CenturyLink Technology Solutions, a recognized leader in hosting. Innovest relies on CenturyLink Technology Solutions to deliver its state-of-the-art Software as a Service solution.

InnoVue, used by Innovest's clients to provide end-customers with account information such as holdings, recent activity, statements and investment performance, can be accessed by PC, Mac, iPhone, iPad, Kindle, Android phones and tablets, and all major web browsers.

FinTech, a wholly owned subsidiary of Innovest, executed over 93 million equity shares last year.

All of Innovest's customer support and information technology staff are based in the US.

When implementing new clients, Innovest converts history from legacy systems and makes it "live and searchable" allowing clients to embrace their future without losing their past.

>$500,000,
000,000

Market value of all assets administered on InnoTrust's platform, making it one of the largest trust and wealth management systems.

Administrative Systems Partners with FPS Trust Company to Launch Paying Agent Service

Sacramento, CA, June 27, 2013 – Administrative Systems (ASI), a leading provider of retirement benefits payments processing, and FPS Trust Company, a Colorado based trust company, today announced that they have partnered to launch a new Paying Agent service. Paying Agent Services will provide customers with the ability to fully outsource the payments process, including reconciliation and movement of cash, remittance of tax withholding to both federal and state agencies, OFAC processing, stale dated check monitoring, and escheatment.

Paying Agent Services are a natural extension to ASI's current disbursement services offering, ASIPay. ASIPay is an online payment and workflow system providing clients with the ability to fully streamline payments by automatically calculating withholding & deductions, maintaining up?to?date information on state and federal withholding requirements, aggregating deduction payments, and calculating cost of living adjustments (COLA).

Rob Hickman, president of Administrative Systems, said, "We are excited to be working with FPS Trust Company to bring Paying Agent Services to market. By combining ASI's 40 plus years of expertise in the payments business with FPS Trust's operations background and system capabilities we can better serve our clients and offer a true end?to?end payment processing solution."

Scott Pearson, chief executive officer of FPS Trust Company, said, "In order to maintain a competitive advantage given the high volume of baby boomers seeking distributions, having a streamlined and cost? effective solution for distribution processing in the retirement and wealth management space is crucial for our clients' business efficiency. We are delighted to be working with ASI to offer clients a solution that will put them at the forefront of this market shift."

About ASI

For over 40 years, Administrative Systems (ASI) has been the leading provider of retirement plan benefit disbursements, tax reporting, and related services for some of the world's largest banks, trusts, and pension funds. ASI's solutions feature superior functionality, cost efficiency, and unrivaled customer service. For more information about ASI, visit www.asipay.com.

About FPS Trust Company

FPS Trust Company is a non?depository Colorado State chartered trust company that is dedicated to the effective utilization of sophisticated, industry?leading technology that streamlines processing and eliminates paperwork. FPS serves the custodial market in Paying Agent services, Automatic IRA Rollovers and other related activities. For more information about FPS Trust Company, visit http://www.fpstrustco.com.

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