PYXiS Software Group Announces the Purchase of eFit Financial

PYXiS Software Group announces EZFacility's purchase of all shares of eFit Financial, management software and full-service billing services.

Woodbury, New York, May 11, 2010 – EZFacility, a division of PYXiS Software Group ("PYXiS") and parent company Jonas Software, is pleased to announce the purchase of all the shares of eFit Financial. With headquarters in Denver, eFit Financial is a leading provider of SaaS-based, full-service billing, collections and finance management for mid-market health clubs, personal training centres and fitness studios.

“We are very pleased to announce the acquisition of eFit Financial, and happily welcome eFit’s employees and customers to the EZFacility family”, comments Eric Willin, President of EZFacility. “eFit has developed a robust, full-service billing and financial services platform, along with a stellar reputation throughout the fitness industry. We will look to leverage their technical, financial, and customer support expertise to strengthen our competitive position across the fitness, sports and recreation segments. This acquisition truly bolsters our position in these markets and provides us with a valuable foundation for which to accelerate our future growth.”

“I am very pleased to find a company that shares our outlook of providing valuable services to the health and fitness industry with a high level of integrity”, comments John Chalk, Founder, President and CEO of eFit Financial. “We have always strived to create a powerful suite of products that the health club owner can access inexpensively, yet offers unlimited growth potential through a service that they can rely on. As a part of EZFacility, our goal is to continue assisting the industry with top-notch service provided by feature-rich software solutions and dedicated customer service professionals.”

EZFacility will continue to promote and build the eFit brand and is fully committed to the future investment and development of its products and financial services. The entire eFit team in their Denver office will remain with the company and help contribute to its future growth. John Chalk will continue providing his founding vision to eFit and will assist in the integration of the software, billing and service offerings of both companies.

About EZFacility

EZFacility, a division of PYXiS Software Group, is a global leader in SaaS-based scheduling, management, membership, billing and financial solutions for health and fitness clubs, sports & recreation facilities, personal training studios, martial arts studios, colleges and universities, and numerous other fitness and sports-based businesses. The company is headquartered in Woodbury, New York, and supports thousands of customer facilities and hundreds of thousands of users in over a dozen countries around the globe.

About eFit Financial

eFit Financial is a leading provider of SaaS-based, full-service billing, collections and finance management for mid-market health clubs, personal training centres and fitness studios.  eFit streamlines gym and studio management by simplifying business processes into one system . With easy-to-use software and premium customer service, eFit delivers more on-time payments, happier members, and higher profits.

About PYXiS Software Group

PYXiS Software Group, a division of Jonas Software, is a buy-and-hold forever acquirer of vertical market software businesses. PYXiS operates independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets.

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