Partnership Offers Online Payroll Services to Start-up Companies

CHICAGO - August 12, 2002 - Chicago-based SurePayroll today announced that it has teamed up with the National Business Incubation Association (NBIA) to bring affordable Internet-based payroll services to small business start-ups and the business incubators that nurture them.

Under the agreement, NBIA member incubators and their client companies will receive discounts on the SurePayroll service. SurePayroll offers online payroll processing, direct deposit management, payment reconciliation, and tax filing and reporting.

“One of the benefits of starting a company in an incubator is that it gives entrepreneurs access to the advice and services they need to run their businesses,” said Dinah Adkins, NBIA president and CEO. “Through our partnership with SurePayroll, NBIA member incubators and their clients can now work with one of the finest online payroll companies to save time and money on a necessary cost of doing business.”

SurePayroll’s unique online payroll service gives small business owners many of the benefits of outsourcing their payroll—providing direct deposit to employees, avoiding the hassles of tax filings and reducing errors—while allowing them to maintain control of the process, said Michael Alter, SurePayroll senior vice president.

“Entrepreneurs become entrepreneurs because they love working for themselves,” Alter said. “An online payroll service allows small business owners to maintain control of their payroll without a huge investment of time or money, which frees them up to concentrate on the core tasks of growing their businesses.”

Business incubation programs catalyze the process of starting and growing companies by providing entrepreneurs with the expertise, networks and tools they need to make their ventures successful. These programs diversify economies, commercialize technologies, create jobs and build wealth. More than 900 of these programs now operate in the United States, up from 12 in 1980.

About NBIA:
With about 1,200 members, the National Business Incubation Association is the world’s leading organization advancing business incubation and entrepreneurship. It provides information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies. For more information about business incubation or NBIA, visit http://www.nbia.org.

About SurePayroll:
Founded in 1999, SurePayroll provides a simple, reliable and economical way for small businesses to process and distribute payroll and taxes in minutes. The Company’s Internet-based payroll service automates the entire payroll process, eliminating the traditional processing steps that conventional payroll service providers use. Using SurePayroll, small businesses and their employees can initiate and access their payroll from anywhere, at any time. In addition to providing payroll services directly to small businesses, SurePayroll also provides a private label payroll service that is used by numerous accounting firms and community banks. SurePayroll is a privately held company based in Skokie, IL. For more information, visit http://www.surepayroll.com.

For More Information About SurePayroll:
Michael Alter
Senior Vice President
SurePayroll
847-676-8420, ext 7229
michael.alter@surepayroll.com

For More Information About NBIA:
Linda Knopp
Public Relations Specialist
NBIA
740-593-4331
lknopp@nbia.org

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