AMBROSE SUPPORTS CHARITIES

NEW YORK, NY, October 25, 2002 -
Ambrose Employer Group, LLC announced its continued support for local charities.

As announced this morning by John Iorillo and Greg Slamowitz, the Co-CEOs of Ambrose, Ambrose affirmed its continued support and commitment to local communities by donating a total of $20,000 to the following four charities - StreetWise Partners, The Heart & Soul Charitable Fund, ENACT and The Life Adjustment Center. “We are committed to supporting our communities and strongly believe that these four non-profit organizations provide an invaluable helping hand to people in challenging situations,” says Iorillo.

About StreetWise Partners

StreetWise Partners’ mission is to develop the professional skill set and build the confidence of low-income individuals facing employment barriers through one-on-one mentoring sessions with dedicated corporate volunteers. By building personal relationships where none had existed before, StreetWise Partners bridges the cultural gap that divides corporations and low-income individuals and enables those who seek its assistance to secure and retain employment with a livable wage. If you would like to learn more about this organization, please visit www.streetwisepartners.org/ and/or contact John Iorillo at (212) 847-2330 or john@ambrosegroup.com.

About The Heart & Soul Charitable Fund

The Heart & Soul Charitable Fund, Inc. was established to support and facilitate projects that provide for and meet the needs of marginalized segments of the community. The Fund provides monies for enrichment, building skills necessary for educational and vocational training, feeding programs and services for the elderly, the infirm and the indigent. The Fund engages in co-ventures with other organizations for optimum effectiveness. The majority of its funding goes to projects that directly benefit the New York City area. The Fund has supported the following organizations: the AIDS Task Force, Arts Horizon, Avenues to a Better Education, AIDS Task Force, Arts Horizon, Booker T. Washington Learning Center, Children's Aid Society Project, Children's Task Force, The Doe Fund, Monday Night Hospitality Feeding Program, Friday Soup Feeding Program, Health Advocates, Inwood House, Lenox Hill Neighborhood House, New Amsterdam Boys Choir, New York Coalition for Shelter, Public School 50, Search and Care, Women's Prison Association, Youth Services Opportunity Project, and the Yorkville Common Pantry. If you would like to learn more about this organization, please visit http://pages.ivillage.com/heartandsoulauction/ and/or contact Greg Slamowitz at (212) 847-2323 or greg@ambrosegroup.com.

About ENACT

ENACT is a pioneer in the field of conflict resolution and drama therapy. Its expertise is drawn from the worlds of psychology, education and dramatic arts. Since 1987, ENACT’s programs have helped over 40,000 New York City public school students develop critical life skills, improve their conflict resolution skills, develop positive communication skills, and raise their self-esteem. ENACT’s work has proven effective in teaching children, even the most at-risk, the skills they need to improve their behavior and learn responsibility. ENACT programs pave the way for student success in academic learning and in building relationships with peers, teachers, parents, and siblings. If you would like to learn more about this organization, please visit www.enact.org and/or contact Diana Feldman at (212) 741-6591 or enact@rcn.org.

About The Life Adjustment Center

The Life Adjustment Center addresses the acute need of quality services and programs for an increasing developmentally disabled population. The commitment of the Life Adjustment Center to its "special population" is manifested in its abilities to respond to the changing needs of persons with disabilities and by offering its clients an extensive array of services and technologies. The Life Adjustment Center serves all ages and levels at its Intermediate Care Facilities, Individualized Residential Alternatives, and Day Habilitation Center. If you would like to learn more about this organization, please call the organization directly at (718) 293-9727 or contact Seth Bressman at (212) 847-2326 or sbressman@ambrosegroup.com or Eric Foodim at (212) 847-2416 or efoodim@ambrosegroup.com.

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, and regulatory and administrative services. Founded in 1997, Ambrose serves clients in 36 states, including corporate spinouts, venture backed companies, financial service firms, not-for-profit organizations and business service firms. Ambrose has offices in New York City, Boston, and Mountain View, California. Additional information about Ambrose is vailable by visiting www.ambrosegroup.com or contacting Daniel Solomon at (212) 847-2428 or dsolomon@ambrosegroup.com.