Paychex and CPA2Biz Extend AICPA Partner Program for Additional Five Years

The success of the Paychex Partner Program from AICPA BusinessSolutions has resulted in the extension of the relationship for fiveadditional years. The contract will now run through September 2011.The value-add program for CPAs was initially launched in late 2003when Paychex was named the preferred provider of payroll services forCPAs' clients by CPA2Biz, the marketing and technology subsidiary ofthe American Institute of Certified Public Accountants (AICPA).

With the extension of the partnership, the program will beexpanded to also designate Paychex, a leading provider of payroll andhuman resource services, as the preferred provider of retirement planservices for CPAs' clients. Paychex 401(k) Recordkeeping services wereadded to the program offerings in May 2005; the preferred providerdesignation affirms for CPAs the confidence CPA2Biz has in Paychex'scommitment to serving the accounting profession in the area ofretirement plan services.

"The great success of the program is a testament to the dedicationof both organizations to providing CPAs with the best tools to buildtheir practices and serve their clients," said Walter Turek, seniorvice president of sales and marketing for Paychex. "The combinedcredibility of Paychex, CPA2Biz and the AICPA provides valuableconfirmation of the quality and service CPAs can expect from thisprogram."

Beyond advising clients on payroll-related services, CPAs havelong been known for the critical guidance they provide clients at eachstage of the financial lifecycle, i.e. home ownership, collegesavings, estate planning, etc. However, as today it is widely held theaverage person is living longer and saving less, Erik Asgeirsson,president and chief executive officer, CPA2Biz, notes, "there's now acall to action for CPAs to play an even more active role."

"CPAs are well suited to help millions of Americans secure abetter financial future," Asgeirsson continued, "whether it'semphasizing to a small business owner the benefits of establishing anemployee retirement plan or educating clients on when it makes goodfinancial sense to set up a health savings account, CPAs need to beout in front on these discussions, and we believe we have the rightpartner and the right program to help them do just that."

Paychex's new designation as preferred provider of retirement planservices for the partner program provides an expanded opportunity tobring the company's growing portfolio of retirement plan products tothe CPA community.

"Through this partnership, Paychex is uniquely positioned to helpCPAs provide the best retirement plan solution for their clients - onethat is truly integrated with payroll," said Tony Tortorella, vicepresident of Human Resource Services sales for Paychex. "With thecombination of our organizations, we can better present Paychex'scontinually evolving retirement plan services, including the latestflexible, open plan design."

Enrollment Update

Nearly 24,000 CPAs nationwide are now enrolled in the PaychexPartner Program from AICPA Business Solutions. Program membership isexclusive to CPAs, providing them with unique benefits to strengthentheir client relationships. CPAs may enroll with the help of theirPaychex sales representative; by calling 1-877-264-2615; or byvisiting www.cpa2biz.com/BusinessSolutions.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll,human resource, and benefits outsourcing solutions for small- tomedium-sized businesses. The company offers comprehensive payrollservices, including payroll processing, payroll tax administration,time and attendance solutions and employee pay services, includingdirect deposit, check signing, and Readychex(R). Human ResourceServices include 401(k) plan recordkeeping, workers' compensationadministration, section 125 plans, a professional employerorganization, and other administrative services for business. Paychexwas founded in 1971. With headquarters in Rochester, New York, thecompany has more than 100 offices and serves approximately 522,000payroll clients nationwide. For more information about Paychex and ourproducts, visit www.paychex.com.

About CPA2Biz, Inc.

CPA2Biz is the marketing and technology subsidiary of the AmericanInstitute of Certified Public Accountants (AICPA). CPA2Biz markets awide array of AICPA products and services, such as continuingeducation, conferences and professional literature. CPA2Biz alsodevelops and manages client-focused business solutions programs (e.g.payroll, banking) that enable CPAs to build stronger relationshipswith their business clients or employers. For more information, visitwww.cpa2biz.com.

About the American Institute of CPAs

The American Institute of Certified Public Accountants(www.aicpa.org) is the national, professional association of CPAs,with approximately 350,000 members, including CPAs in business andindustry, public practice, government, and education; studentaffiliates; and international associates. It sets ethical standardsfor the profession and U.S. auditing standards for audits of privatecompanies; federal, state and local governments; and non-profitorganizations. It also develops and grades the Uniform CPAExamination.