Virtual Management Systems to Offer COBRA Administrative Services via Their Employee Benefit HR Management Solution (HR Support Center)

Bend , OR - December 19, 2006

Virtual Management Systems (VMS), a web-based Employee Benefits HR Management Solution has partnered with Kansas City  based COBRAGUARD, Inc. to add COBRA Administrative Services to it’s (HR Support Center ). Virtual Management System’s subscriber Insurance Agencies can now provide a solution for their clients in need of Cobra Compliance assistance, easily accessible within the (VMS) portal. Due to the value added relationship created, Agencies offering their Group Health Clients the (HR Support Center) portal can enjoy a deeply discounted rate on the cost of COBRA administrative services. Furthermore, Cobra Guard agents and clients can subscribe to (VMS) services at similar savings, while obtaining the most practical cost effective HR Management System available.

“Through extensive conversations we’ve found that the majority of agencies have been asking about Cobra type solutions, at the very least they want to steer their clients in the right direction,” said Bart Piernicki, Business Development Manager for Virtual Managements Systems. “With the addition of this feature our agencies will have the ability to provide the finest web based compliance service to their clients without added cost or responsibility.”

About Virtual Management Systems

Virtual Management Systems (VMS) specializes in cost effective, user friendly Employee Benefits HR Management Solutions. Providing a Value-Added product for Insurance Agencies, our co-branded Employee Benefits Portal enables Group Health Clients to view benefit information online 24/7. Also through the (HR Support Center), a variety of Human Resource and Workers Compensation documents can be stored, created and accessed. VMS is the key to unlocking your agencies hidden potential. The company web site can be found at http://www.virtualmgtsystems.com/

About COBRAGUARD, Inc.

COBRAGUARD, Inc. is a leader in web-based COBRA administration for organizations across the United States  .  COBRAGUARD is focused on COBRA administration services and utilizes its proprietary CobraTrak™ system to efficiently administer COBRA for small and large organizations nation wide.  COBRAGUARD leverages technology, efficiency, and staff to provide unparalleled service and value to clients.   The company web site can be found at www.cobraguard.net