Infinisource Acquires Priority Pay

June 10 , 2008

Infinisource, Inc., a nationally recognized expert in compliance and benefit solutions, has announced the acquisition of Priority Pay of Laguna Hills, CA, a real time Internet payroll processing company.

Priority Pay, powered by Infinisource, offers employers a secure, internet-based payroll solution utilizing an “Application Service Provider” (ASP) service model which frees employers from installing and supporting payroll software. Access to the Priority Pay system is protected using state-of-the-art security and privacy technology. Employers receive a private Priority Pay Vault™ and secure Smart Browser through which all aspects of payroll processing can be managed online.

Priority Pay, founded by Anwar Elmarhek in 1998, pioneered and developed the technology to securely authenticate, transmit and manage all payroll functions through the Internet. Employers can easily process payroll without worrying about managing software, servers, upgrades or data backups. In addition, Priority Pay offers tax reporting services for a variety of jurisdictions.

"As a pioneering developer of innovative Internet payroll technologies, Priority Pay fits nicely with the strengths available at Infinisource,” commented Elmarhek. “There’s a common goal to provide clients with unsurpassed customer service that is an integral key for both companies. The technology capabilities will augment each other and as a part of Infinisource, we now will be able to bring a broader range of solutions to help our customers be even more successful."

"The acquisition is part of Infinisource's strategy to provide a comprehensive payroll and time/attendance product that addresses the needs of our current 15,000-employer base,” stated Infinisource President and CEO Gary Hart. “Infinisource looks forward to integrating the payroll services available with Priority Pay with our other services, particularly our eligibility and enrollment product, Infinisolved®. Anwar will continue to play a vital role in developing our payroll service and ensuring high customer satisfaction."