CompuPay and Blue Ocean Ink Agreement To Provide Combined


Payroll and Workers' Compensation Insurance for Small Businesses

November 2006

MIRAMAR, Fla., Nov. 16 - CompuPay, Inc., a Miramar, Florida- based national payroll provider, and Blue Ocean Brokers, LLC (Blue Ocean) today announced an agreement to join forces to offer a combined payroll and workers' compensation product to small businesses in the states of Florida, Georgia and Alabama.

The product will feature workers' compensation insurance provided by CyberComp, a _Swiss Re_company, and CompuPay's payroll services. "Small businesses today are seeking a simple, combined payroll and workers' compensation solution," said Scott Pruitt, E-Commerce Development Manager of Blue Ocean. The CyberComp product combined with CompuPay will provide these businesses with the ability to spread out their workers' compensation premiums to pay smaller more accurate amounts each payroll period, thereby maximizing their cash flow. We are very pleased to be partnered with CompuPay, one of the nation's leading payroll providers.

"We have seen an increasing demand among small business owners to have a payroll and workers' compensation combined product," responded Charlie Lathrop, Chairman, CEO and President of CompuPay, Inc. "We are excited about the opportunities to partner with Blue Ocean to offer this type of product to their agents and small businesses clients."

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More press releases from Compupay:
First Tennessee Partners With CompuPay to Offer Payroll Services to Business Clients

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