Adaptasoft, Inc.

AdaptaSoft was founded with the first version of FlexPay in 1995. FlexPay was designed to serve payroll that is done in-house. In 1998, AdaptaSoft introduced CyberPay, which serves payroll bureaus. AdaptaSoft has made continual updates to both FlexPay and CyberPay. Many architectural changes have been made, which included a new release of FlexPay in 2000. Additional releases prompted by customer input and general product enhancements occur at least annually. In October of 2000, the original owner of AdaptaSoft expressed interest in leaving the payroll software business. A small group of employees took the initiative to purchase AdaptaSoft and made a new commitment to improved customer servic