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Odyssey Welcomes James Mutz as Director of Benefits and 401(k)

New hire bolsters savings and benefits experience for small businesses

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AUSTIN, Texas - September 5th, 2006 - Odyssey OneSource, a Euless, Texas-based professional employer organization, today announced the addition of James Mutz as Director of Benefits and 401(k). Mutz's extensive corporate benefits experience will help Odyssey provide clients enhanced wealth accumulation and benefits options.

"Today, strong benefits plans are critical to attract and retain top talent for our clients. In response, Odyssey has elevated the importance of this segment in the company and created a new director-level position to lead it," said President Carl Kleimann. "Our clients will find the experience Jim brings to benefits and 401(k) invaluable. Even our smallest customers will begin to feel like Fortune 500 companies."

Mutz joins Odyssey from the La Quinta Corporation and previously held positions at Laidlaw and Texas American Banchares. His past successes include a scheduled health plan that resulted in more than $18 million in savings in its first three years and a redesigned 401(k) program that increased employee contributions by 50 percent.

According to Mutz, "I'm excited at the prospect of helping Odyssey's business owner clients develop smart benefits programs that enhance their personal wealth and attract experienced, qualified employees." He added, "Just because a company doesn't have a thousand employees, doesn't mean they can't have a great benefits program.

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Mutz is a business administration and management graduate from Texas Christian University with more than 25 years of industry experience.

ABOUT ODYSSEY ONESOURCE
Odyssey OneSource understands business owners do not go into business to deal with the hassles of becoming an employer. As a pioneer of the professional employer industry, Odyssey OneSource allows business owners to focus more on the growth and profitability of their businesses and less on necessary administrative and HR functions. Providing outsourced services in human resources, risk management, payroll and tax administration, employee benefits and training & development, Odyssey strives to meet the unique needs of every client through its personalized approach and commitment to the best service in the industry. To learn more, visit odysseyonesource.com or call (888) 680-8800.

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