Compensation Solutions Announces
Thomas Spies Named As Controller

OAKLAND, NEW JERSEY – November 2003 - Compensation Solutions, Inc. (“Compensation Solutions”), one of the tri-state area’s leading Professional Employer Organizations, announced that it has selected Thomas Spies for the position of Controller. Thomas J. Cioffe, President and CEO of Compensation Solutions said of Mr. Spies, “We are pleased to welcome Tom to our staff. By attracting the highest caliber talent, Compensation Solutions’ will be well prepared to face the many challenges of growth in a very competitive market. Tom’s expertise also verifies our firm commitment to our clients that our service provides the highest level of compliance with the many regulations imposed by federal, state and local governments.”

Mr. Spies has worked in the field of Accounting for more than twenty years. He has an extensive background in private industry where he was the Finance Manager for the northeastern distribution division of Carrier Air Conditioning. His experience in public accounting encompasses accounting, tax and business consulting for small to mid-sized businesses. Mr. Spies is a Certified Public Accountant licensed in New Jersey and Virginia. He graduated from Rutgers University with a degree in Economics with a concentration in Accounting.

Compensation Solutions is a leading professional employer organization (PEO) that serves as a full-time human resource company for small to mid-sized businesses throughout the United States and its territories. Compensation Solutions’ headquarters is located in Oakland, New Jersey with offices in Manhattan. For additional information, visit our website at www.Compensation Solutionsinc.com