Magellan, Inc., an administrative services organization (ASO), today officially opened its doors to provide small business owners with a wide range of affordable outsourced administrative services, including payroll, employee benefits, human resources, and insurance services. Founded by insurance industry veteran Lucien Morin, Magellan focuses on providing value-added services and solutions to small businesses, and helping small business owners focus on what they do best - growing their businesses.

Magellan, Inc., an administrative services organization (ASO), today officially opened its doors to provide small business owners with a wide range of affordable outsourced administrative services, including payroll, employee benefits, human resources, and insurance services. Founded by insurance industry veteran Lucien Morin, Magellan focuses on providing value-added services and solutions to small businesses, and helping small business owners focus on what they do best - growing their businesses.

"Small business owners jump into business for themselves because they have a unique product or a better way of doing business than the next company,"

said Morin. "What many don't realize is the administrative side of their businesses can be overwhelming and distract them from doing what they started their business to do. That is where Magellan comes in. We are a full-service ASO that aims to be the right arm of the small business owner; to be among other things, their payroll processor, their human resource manager, and their benefits advisor."

Many small business owners simply don't have the peoplepower, time or expertise to manage all of the administrative functions needed to run a business today. Magellan specializes in providing custom-built administrative service packages for businesses with 2-50 employees with the main focus being on payroll outsourcing and effective employee benefit administration.

"Our approach to administrative services is focused on providing small business owners with the greatest amount of value and benefits, above and beyond just payroll processing," added Morin. "Our objective is to build relationships with organizations to help them achieve their goals and grow their business by giving them back their focus on business. Whether it is payroll or payroll taxes, retirement plans, structured health plans or other non-medical benefits, or outsourcing all of the administrative functions, Magellan is prepared to be the answer for small business owners in Utah."

Magellan's small business services include:

*     Pay period, quarterly and annual payroll services;

*     Human Resource assistance and compliance, as needed;

*     Health Insurance (Including HRA and HSA plan design and implementation);

*     Non-Medial Benefits (Dental, Disability, Life, AD&D, Long-Term Care); and

*     Retirement Plan implementation and management.

Outsourcing administrative functions is becoming an increasingly popular way for small business owners to operate their businesses more affordably while providing their employees with better benefits. A 2002 study by the Society for Human Resource Management reported that companies with fewer than 10 employees that outsourced their admin functions saved nearly $5,000 per year in time and labor costs, companies with 10 to 19 employees saved more than $10,000 per year, and companies with 20 to 49 employees saved $18,700 annually.[1

For more information about Magellan's outsourced administrative services, please call 801-224-8486 or email admin@magellaninc.net.

About Magellan
Founded in 2003, Magellan is an administrative services organization with headquarters in Provo, Utah. The company specializes in providing outsourced administrative functions, including payroll, employee benefits, human resources, and customized insurance plans. The company's unique approach to administrative functions is focused on providing value-added services and benefits to small businesses, allowing small business owners and operators to do what they do best - grow their businesses.


Magellan Company Contact: Lucien Morin, 801-224-8486, lou@magellaninc.com

Media Contact: Kevin Wilson, 801-898-5520, kwilson@kevinwilsonpr.com

[1 Pentilla, Chris, "Got It Covered." Entrepreneur Magazine, Feb. 2004, http://www.entrepreneur.com/article/0,4621,312774,00.html