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Press release:

Former Merrill Lynch CTO John Barbano Joins ExpertPlan's Advisory Board

Issued by: ExpertPlan

Date: Feb. 15, 2002

John Barbano, recently retired Chief Technology Officer of Merrill Lynch’s Private Client Business, has joined the Business Advisory Board of ExpertPlan, the leading Internet-based provider of retirement plan administration to financial institutions, announced ExpertPlan President Win Cody.

While at Merrill Lynch, Barbano managed over 2,000 technology professionals and a diverse financial application portfolio that included the award winning Merrill Lynch OnlineSM and Merrill Lynch DirectSM websites, the Trusted Global Advisor Financial Advisor platform, 401K and retirement systems, and numerous back office, banking and financial planning systems. Prior to Merrill Lynch, Barbano was the Senior Vice President of Information and Telecommunication Systems at Prudential Securities and was for many years at IBM in various senior technology positions.

Barbano, who lives in Cranbury, NJ, holds a bachelors degree in computer science from Rochester Institute of Technology and an MBA from the University of Connecticut.

“I am very impressed with the sophistication of the technology developed by ExpertPlan, it will revolutionize the way the 401(k) plans are administered and distributed by providing value through it’s cost efficient, flexible, scaleable platform.” said Barbano.

“John is a recognized innovator and leader in technology applications in the financial services arena,” said Cody. “We’re delighted to have someone of his caliber providing us guidance and helping us to ensure that ExpertPlan is the online retirement plan administrator of choice by financial professionals.”

ExpertPlan’s Advisory Board is comprised of technology, financial services, and business veterans, and works in tandem with the Board of Directors.

ExpertPlan www.expertplan.com is a leading Internet-based provider of retirement plan solutions, which enables financial professionals to offer high-quality, low-cost retirement plans to meet the needs of their clients. ExpertPlan's web-based "self service'' model empowers plan participants to manage their own accounts, which eliminates third-party errors, and reduces costs and the administrative burdens on the financial professional and the employer. The company has alliances with over 50 fund families, and provides services to leading financial companies across the U.S. ExpertPlan was founded in 1999 by core members of the information systems management team from one of the world's largest financial services corporations, and is located at 50 Millstone Road, Building 400, Suite 100, East Windsor, NJ 08510, 609/918-2500.

For more information: http://www.expertplan.com

View More Press Releases by ExpertPlan

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