THOMAS J. CIOFFE
PRESIDENT AND CEO OF Compensation Solutions
INDUCTED INTO MANCHESTER
WHO’S WHO EXECUTIVES AND PROFESSIONAL REGISTRY

OAKLAND, NEW JERSEY – January 31, 2005 Compensation Solutions, one of the tri-state area’s leading Professional Employer Organizations, today announced that Thomas J. Cioffe, President and CEO, was inducted into the Manchester Who’s Who Executive and Professional Registry, a private membership that is associated with honor and achievement worldwide. Commenting on his selection for “Who’s Who”, Tom Cioffe said, “This recognition is a privilege and honor that I share with the members of the Manchester Who’s Who, a group of highly accomplished business professionals”. 

Mr. Cioffe is the co-founder and President of Compensation Solutions and the Executive Director of Hospital & Healthcare Compensation Service, Inc. (“HHCS”) He works closely with Compensation Solutions and HHCS clients regarding issues such as personnel management, compensation, employee benefits and compliance with federal and state employment legislation. In his role at HHCS, he oversees the collection and interpretation of research materials used in the support of compensation elements and plan design. The General Accounting Office, Library of Congress, and the Department of Labor reference findings from research conducted by HHCS. Mr. Cioffe has also been quoted in The Wall Street Journal, Newsweek, and The Washington Post.

He is a three-time finalist for the Ernst & Young New Jersey Entrepreneur of the Year award, a program that recognizes a select group of entrepreneurs whose ingenuity, hard work and perseverance have created and sustained successful, growing business ventures. Through his sound financial planning, vision and leadership, Compensation Solutions has been selected by NJBIZ as one of New Jersey’s finest privately held companies for 2003 and 2004. Mr. Cioffe recently completed his second term as president of the New Jersey Chapter of the National Association of Professional Employer Organizations. He was a member of Healthcare Council assembled at the request of Governor McGreevey to find solutions to the financial burdens associated with small employer health insurance. Recently, Mr. Cioffe appeared on Bloomberg’s “Small Business News” discussing the concept and implementation of a Paid Time Off (PTO) policy.

About Manchester Who’s Who Executive and Professional Registry

Manchester Who’s Who Executive and Professional Registry is committed to recognizing the achievements of executives and professionals worldwide. The Manchester Registry is a compilation of member biographies highlighting their company, expertise and achievements. The extensive membership highlights executives and professionals in virtually every profession and industry.

About Compensation Solutions

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