AdvanTech Solutions Announces New Carrier for Workers' Compensation Policy.

Business Editors

TAMPA, Fla.--(BUSINESS WIRE)--April 1, 2002

AdvanTech Solutions(SM), a leading innovative professional employer organization (PEO) specializing in technologically advanced human resource services, today announced that it has obtained a new workers' compensation program, effective April 1, 2002. The new program is with American International Group, Inc. (NYSE:AIG), an AM Best "A++" rated carrier.

"AIG is the leading U.S.-based international insurance and financial services organization and the largest underwriter of commercial and industrial insurance in the United States," Chuck Davis, chairman and CEO of AdvanTech Solutions(SM), said. "Our steadfast commitment to underwriting and loss control has allowed us to secure a favorable renewal in a very difficult insurance environment. When we couple this with our rich human resource offering, it creates a valuable proposition for our customers," Davis continued. "We are thankful that by partnering with us, AIG not only shares this vision but will be a large part of our future success."

Through its member companies, AIG writes a wide range of commercial, personal and life insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. AIG's global businesses also include financial services and asset management, including aircraft leasing, financial products, trading and market making, consumer finance, institutional, retail and direct investment fund asset management, real estate investment management, and retirement savings products. American International Group, Inc.'s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

As a PEO, AdvanTech uses the co-employment model to provide a technology-rich employment system, focused on human capital management. By partnering with AdvanTech, clients receive one-stop outsourcing of many business processes including human resource management, employee benefits, workers' compensation and payroll administration.

AdvanTech Solutions(SM) currently distributes its services through a unique network of 31 independent insurance agency partners operating in 54 markets in Florida, Georgia, Texas, and North Carolina.

The company's headquarters are located at 1410 N. Westshore Blvd., Suite 600, Tampa, Fla. 33607. For more information, please visit the company's web site at http://www.advantechsolutions.com.

Note: The statements contained in this press release that are not historical facts are forward-looking statements that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are (i) regulatory and tax developments; (ii) changes in our operating cost structure; (iii) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure; (iv) our ability to effectively implement our agency expansion strategy; and (v) changes in the competitive environment in the PEO industry, and (vi) changes in general economic conditions and business environment.