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PenChecks Taps Ray Zittlow as Midwest Regional Sales Director

Zittlow brings 17 years of qualified retirement plan experience to PenChecks' business development initiatives

LA MESA, Calif., Aug. 2, 2012 /PRNewswire/ -- PenChecks, Inc., the nation's leading independent provider of outsourced distribution processing services, welcomes industry veteran Ray Zittlow, AIF, as its Midwest Regional Sales Director. Ray draws on 17 years of experience with First Mercantile and MassMutual Retirement Services where he worked closely with third party administrators to develop alliances with recordkeepers and advisors. At PenChecks his efforts will focus on establishing strategic partnerships with national and regional retirement plan recordkeepers and administrators.

"Ray has a keen understanding of the relationships between plan sponsors, advisors, recordkeepers and administrators and knows how to help them demonstrate value," says Peter Preovolos, President of PenChecks. "We are confident he will make a significant contribution to PenChecks' growth as he helps others establish better and more cost-effective distribution solutions."

Ray Zittlow may be reached at (763) 691-3478 or rzittlow@penchecks.com.

About PenChecks, Inc.

Established in 1994, PenChecks (http://www.penchecks.com) is the largest and most trusted independent provider of outsourced benefit distribution services in the U.S. Since its inception, PenChecks' commitment to marketplace innovation and ever-increasing service standards has made it an industry leader. The company provides institutional solutions for retirement plan distributions, class action settlement payments, and other arrangements that require compliance management and high-volume processing efficiencies. In 2010, PenChecks processed nearly half a billion dollars in distribution payments.

Contact: Heike Fischer
Executive Asst. to Peter Preovolos
hfischer@penchecks.com
Phone: (619) 462-9433
8580 La Mesa Blvd, Suite 101
La Mesa, CA 91942

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE PenChecks, Inc.