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FOR IMMEDIATE RELEASE:

Contact:
Craig Abramson
Online Marketing Manager
(973) 287-1357
cabramson@archivesystems.com
Archive Systems, Inc.
39 Plymouth Street
Fairfield, NJ 07004
(973) 808-2885 - Phone
www.archivesystems.com

Archive Systems’ Co-Founder and CEO, Named to “Top 40 Under 40” by NJ Biz
Rick Kushel Acknowledged For Making a Significant Impact in Business in New Jersey

Fairfield, NJ (March 11, 2004) - Archive Systems, Inc., a leading provider of web-based hosted document imaging and records storage services, is proud to announce that Rick Kushel, Co-Founder and CEO, has been named one of NJ's "40 under 40" by NJBiz. NJBiz is a weekly periodical that promotes business innovations in New Jersey. The men and women who received the awards were selected due to "their solid records of achievement" says the editors of NJBiz. They further commented that "these people have one trait in common - leadership. Their success at an early age shows how much talent, grit and initiative can accomplish."

"I am proud to be amongst the other talented New Jersey business professionals who have received this award. I am definitely in good company. However, I must acknowledge that at the foundation of my success is the support of my family, the staff at Archive Systems, and our customers and business partners," says Rick Kushel.

The "40 Under 40" award honors and recognizes forty people under the age of forty that have made a significant impact in business in New Jersey. These decision-makers were nominated and selected as the best of the best. An award ceremony and formal reception will be held in honor of the recipients on March the 16th in Morristown, NJ at the Madison Hotel.

About Archive Systems, Inc.
Archive Systems, Inc. flagship solution, ASPEN 360 Accounts Payable Edition, combines best practices AP Automation with ZeroTouch AP imaging and workflow. The product increases efficiencies and reduces costs with features such as straight through processing, which uses automated three-way matching to auto match invoices to PO and receipt line items without AP processor intervention. It includes the ASPEN 360 Invoice Virtualization Center, which removes from the client all tasks associated with document imaging, data capture, document classification, indexing, and OCR. The company also provides physical records management services such as business records storage, document shredding, and offsite data storage, through a number of Record Center locations. For more information, please visit www.archivesystems.com.

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