Computing Resources Inc. Forms Alliance With Century Business Services.

RENO, Nev.--(BUSINESS WIRE)--Feb. 11, 1999--Computing Resources Inc. (CRI), the nation's fourth-largest payroll and payroll tax processing service provider, entered into a strategic alliance with Century Business Services Inc. (NASDAQ:CBIZ) ("Century"), one of the nation's emerging outsourcing business services companies this week.

Under the terms of the agreement, CRI will provide national payroll processing, tax services and customer service under a private label to Century's national client base as well as establish a customer service and print/distribution center to support payroll customers in Century's major markets. The private label programs, CenturyPAY and CenturyPAY Plus, will expand Century's payroll services nationwide starting in April.

"We are very pleased that Century, a leader in the business services industry, has chosen CRI to help implement its growth strategy," said Ranson Webster, chairman and CEO of CRI. "Because CRI's payroll processing system is designed for small to mid-sized business clients, we feel that we are the ideal partner for Century's large customer base."

The partnership is expected to expand CRI's market share significantly. CRI is a privately held company that employs 330 and garners $32 million in annual revenue.

"An advantage of this alliance is that it utilizes a technology link and adds a key national payroll component to the full array of services provided by Century to its clients," said Michael G. DeGroote, Century's president and CEO. "Implementing a nationwide, private label payroll product reinforces the Century brand name with an established product, cutting-edge information system and quality support."

About CRI

Computing Resources Inc. is headquartered in Reno, Nev., with 10 branch offices throughout the West and Midwest. CRI was founded in 1978 after purchasing a small service bureau from Control Data Corp. and then it evolved to provide payroll and payroll tax processing services for small to middle market companies. Through strategic alliances with more than 25 banks and partners, CRI serves over 22,000 businesses. The company has pioneered on-demand phone-in payroll services and 24-hour, 7-day-a-week availability.

About Century

Century Business Services Inc. is a leading provider of outsourced business services to small and medium-sized companies throughout the United States. The company provides integrated services in the following areas: accounting systems, advisory and tax; benefits design and administration; human resources; information technology systems; payroll administration; specialty insurance; valuation; and workers' compensation. These services are provided throughout a network of more than 200 company offices in 36 states, as well as through its subsidiary, Century Small Business Solutions, a franchisor of accounting services with 650 franchise offices in 47 states.

NOTE: Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, the company's ability to integrate its newly acquired operations effectively with its existing businesses; the company's ability to locate and acquire other businesses in furtherance of its aggressive growth strategy; the company's ability to adequately estimate its liability reserves for its insurance businesses; the possibility of market reverses in its investment portfolios; competitive pricing pressures; general business and economic conditions; and changes in governmental regulation affecting its insurance business or tax law changes affecting its business services operations, which are described in further detail in the company's filings with the Securities and Exchange Commission.