AMBROSE REPORTS SOLID PERFORMANCE IN 2005; GROSS SALES HIT $711 MILLION; 44% INCREASE FROM 2004

NEW YORK, January 23, 2006  - Ambrose Employer Group, LLC announced gross sales totaling $711 million for calendar year 2005, representing a 44 percent increase in sales over calendar year 2004. This increase follows a 55 percent increase in sales in calendar year 2004 over calendar year 2003, and a 40 percent increase in sales in calendar year 2003 over calendar year 2002. "Demand for our services continues to remain strong across the industry verticals that Ambrose services," said John Iorillo, Co-CEO of Ambrose. Greg Slamowitz, Co-CEO, stated, "because of our strong human capital, excellent technology and long-standing vendor relationships, Ambrose has proven capable of delivering the highest quality service to its clients year after year." By outsourcing payroll, employee benefits and human resources administration to Ambrose, Ambrose's clients focus on their core competencies to maintain and grow bottom line profits.

About Ambrose Employer Group, LLC

Ambrose Employer Group, LLC is a professional employer organization ("PEO") providing human resources, payroll, benefits services, and human resources information systems to small and mid-size companies. Ambrose provides health and dental coverage, 401(k) plans, payroll processing, workers' compensation coverage, flexible spending accounts, a host of other employee benefits, as well as regulatory and administrative services. Founded in 1997, Ambrose serves clients in 45 states, including business services firms, financial service firms, marketing and advertising firms, corporate spinouts, venture backed companies, technology companies, not-for-profit organizations, law firms and other professional service firms. Ambrose is headquartered in New York City. Additional information about Ambrose is available by visiting www.ambrosegroup.com or contacting Greg Slamowitz (gslamowitz@ambrosegroup.com) or John Iorillo (jiorillo@ambrosegroup.com).