Oakland NJ – Summer 2004 — Compensation Solutions, one of the tri-state area’s leading Professional Employer Organizations (PEO), today announced that it has been nominated for the prestigious "New Jersey's Family Business of the Year Award”. The annual program recognizes the significant role that family businesses play in the nation’s economy and their importance and vital contribution to the state and local business community. Sponsors include the Rothman Institute for Entrepreneurial Studies at Fairleigh Dickinson University, PNC Financial Services Group, and PriceWaterhouseCoopers, among others. At the awards luncheon in October two winners will be announced - one in the category of revenues up to $10 million and the other with revenues of over $10 million. Winners are eligible for the National Family Business of the Year competition and are featured in New Jersey Monthly.

"It is truly an honor to be chosen from among the many excellent companies nominated for this program," said Thomas J Cioffe, Compensation Solutions's Chairman and CEO. "We as a company believe heavily in family and teamwork. What was once a team of family members has now grown to almost fifty – and while we are not all family in the true sense, each person is an integral part of the success of our business. We believe in the power of people and their ability to achieve the extraordinary through teamwork.” Compensation Solutions has claimed several other awards, including being selected as a finalist three years in a row Ernst & Young Entrepreneur of the Year® (“EOY”) awards. The EOY program recognizes a select group of entrepreneurs whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures; entrepreneurs who represent the dynamic, resilient and innovative spirit of New Jersey’s diverse business community.

About Compensation Solutions

Compensation Solutions is a leading professional employer organization (PEO) that serves as a full-time outsourced human resource partner for small and mid-sized businesses throughout the tri-State area and the United States. Compensation Solutions’ headquarters is located in Oakland, NJ with offices in Manhattan. By managing employee benefits, human resources, payroll and workers’ compensation administration, Compensation Solutions allows its clients to focus on their core competencies to maintain and grow their bottom line. For additional information, please visit our website at www.Compensation Solutionsinc.com.

About the “Family Business of the Year Award”

The Rothman Institute of Entrepreneurial Studies established the Family Business Forum in 1992 to support family businesses. The Forum is designed around outcome-oriented educational programs and seminars, and provides family businesses in the metropolitan area with the opportunity to learn from leading experts on issues related to owning and operating a family business. The Forum also provides members with the opportunity to exchange ideas and learn from one another’s shared experiences. Programs are designed to foster maximum interaction and participation by addressing issues of specific concern to those in attendance. The members-only environment results in long-term relationships based on mutual trust and understanding, which fosters open communication among members regarding both family and business issues.