AMBROSE DONATES $30,000 TO SEPTEMBER 11th RELIEF FUND

NEW YORK, N.Y., November 26, 2001 - Ambrose Employer Group, LLC, today announced a contribution of $30,000 to support disaster relief efforts in New York City.

As announced this morning by John Iorillo and Greg Slamowitz, Co-CEOs of the Ambrose Employer Group, $30,000 has been donated to the September 11th Fund on behalf of Ambrose's corporate and serviced employees. This donation is in memory of our three close friends at Aon and our seven serviced employees who tragically lost their lives in the attack on the World Trade Center.

About the September 11th Fund

The September 11th Fund, which was established by the United Way and the New York Community Trust, makes grants to established relief agencies that provide support and services to victims, their families, and others affected by the September 11th tragedy. Eighty grants totaling over $50 million have been awarded to front line agencies actively engaged in providing cash assistance, legal counseling, grief therapy, job training and placement, and other services for victims, families, and others directly affected. Included among recipient agencies are Safe Horizon, the Legal Aid Society, and the Disaster Psychiatry Outreach. For more information about the September 11th Fund, please visit www.uwnyc.org/sep11.

About Ambrose Employer Group, LLC
Ambrose Employer Group, LLC is a professional employer organization ("PEO") providing human resources, payroll, benefits services, and hr information systems to small and mid-size companies. Ambrose provides health and dental coverage, 401(k) plans, payroll processing, workers' compensation coverage, flex 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, and business service firms. Ambrose has offices in New York City, Mountain View, California, and Boston, Massachusetts. Additional information about Ambrose is available by visiting www.ambrosegroup.com or contacting Jonathan Goldin at (212) 847-2409 or jgoldin@ambrosegroup.com



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