ADP Joins the Strategic Partnership Program of Financial Executives International.

Business/High Tech Editors

NEW YORK--(BUSINESS WIRE)--Jan. 14, 2003

Financial Executives International (FEI), the leading professional association for CFOs and other senior financial executives, today announced that ADP Employer Services, a division of ADP, Inc. (NYSE:ADP), the leading provider of comprehensive integrated outsourced payroll and human resource services, has joined the FEI Strategic Partners Program.

"This strategic relationship further demonstrates our commitment to working with industry leaders in order to provide the resources and expertise to support the needs (or business decisions) of financial executives," said Phil Livingston, President and CEO of Financial Executives International. "We are very excited to have ADP as a Strategic Partner."

As a Strategic Partner, ADP has exclusive access to FEI members through FEI conferences, publications, educational seminars, web forums, chapter-level meetings and custom survey and co-branding opportunities.

"This strategic partnership with FEI presents ADP with an excellent opportunity to reach out to financial executives and better understand their business needs," stated Russ Fradin, president, ADP Employer Services, North America. "Through our partnership, FEI members can leverage ADP's 50 years of experience to make more informed business decisions, and develop a better understanding of how ADP's solutions can help improve their back-office business operations."

Other members of FEI's Associate and Strategic Partners Program include, American Express Corporate Services, Active International, Deloitte & Touche, Dun & Bradstreet, Ernst & Young, Grant Thornton, Hyperion, KPMG LLP, PricewaterhouseCoopers LLP, Marsh Inc., The Nasdaq Stock Market, The New York Stock Exchange, Robert Half Management Resources, Stern Stewart and Watson Wyatt Worldwide.

About FEI

Financial Executives International (FEI) is the leading advocate for the views of corporate financial management. Its 15,000 members hold policy-making positions as chief financial officers, treasurers, and controllers. FEI enhances member professional development through peer networking, career planning services, conferences, publications, and special reports and research. Members participate in the activities of 86 chapters, 75 of which are in the United States and 11 in Canada. For more information about FEI, visit www.fei.org.

About ADP

Automatic Data Processing, Inc. (ADP) is one of the largest independent computing services firms in the world, with $7 billion in revenue and 500,000 clients. ADP's Employer Services (ES) Division, and now strategic partner of FEI, is a leading provider of integrated business administrative solutions that help its over 450,000 clients efficiently manage their internal processes, allowing them to focus on core competencies. ES Services include: payroll, tax regulatory management, HRMS, benefits administration, time and labor management, retirement plan services, online recruiting, PEO services, and employment screening and selection. For more information, please visit www.adp.com.