Newport News, Virginia – May 24, 2006

PenSoft, a prominent developer of payroll software, has released the latest update of PenSoft Payroll Plus including the feature to generate the recently released IRS Form 944, Employer’s Annual Payroll Report.

PenSoft continually strives to provide clients the ability to streamline their payroll processing and this enhancement further benefits customers by allowing them to generate and fill in the IRS Form 944. All clients using PenSoft Payroll Plus now will have this capability. PenSoft Payroll also offers the generation of the following IRS Forms: 945, 943, 941, 940, and 940-EZ.

The IRS Form 944 has been programmed according to IRS specifications and will be accepted by the IRS.

For more information about PenSoft Payroll Plus, call 888-PENSOFT (888-736-7638) or e-mail info@pensoft.com.

About PenSoft

Founded in 1983, Peninsula Software of Virginia, PenSoft, develops PenSoft Payroll; payroll software designed for small to mid-sized U.S. businesses with 1 to 2,000 employees per company. With many payroll experts and Certified Payroll Professionals (CPP) on staff, PenSoft monitors state and federal tax laws for changes to ensure PenSoft Payroll is always current and up-to-date, and is backed up by unsurpassed program support for users and an online Knowledge Database. Corporate headquarters are located in Newport News, Virginia. For additional information, visit PenSoft on the web at www.pensoft.com