CBIZ Acquires Gallery Asset Management

October 18, 2004

CLEVELAND, Oct. 18 /PRNewswire-FirstCall/ -- CBIZ (Century Business Services, Inc.) (Nasdaq: CBIZ) today announced that CBIZ Financial Solutions, Inc., member NASD and registered investment advisor has entered into an agreement to acquire Gallery Asset Management, Inc. (Gallery), an Ohio-based registered investment advisor to become effective January 1, 2005, subject to certain conditions.

Gallery, founded in 1998, provides retirement plan consulting services to corporate clients and wealth management services to high net-worth individuals. Aggregate corporate retirement plan assets on which Gallery provides consulting services exceed $1 billion. Gallery's credentialed staff of nine will be part of CBIZ Financial Solutions and operate out of the CBIZ Benefits & Insurance of Ohio Division in Cleveland.

"The addition of the Gallery team enhances our retirement plan consulting and wealth management business and provides CBIZ the opportunity to leverage Gallery's research capabilities to compliment our existing process," stated Steven L. Gerard, Chairman and Chief Executive Officer.

Brian Dean, president of Gallery, stated: "It's a 'win-win' and we look forward to joining the CBIZ family. The resources available to us as a CBIZ company will enhance the investment consulting services we can provide to both existing and new clients. Further, we will deliver to CBIZ the additional expertise needed to grow their national retirement plan and wealth management practices."

CBIZ is a provider of outsourced business services to small and medium- sized companies throughout the United States. As the largest benefits specialist and one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides integrated services in the following areas: accounting and tax; employee benefits; wealth management; property and casualty insurance; payroll; IS consulting; and HR consulting. CBIZ also provides valuation; litigation advisory; government relations; commercial real estate advisory; wholesale life and group insurance; healthcare consulting; medical practice management; property tax solutions; and capital advisory services. These services are provided throughout a network of more than 160 Company offices in 34 states and the District of Columbia.

For further information regarding CBIZ visit http://www.cbiz.com .

SOURCE Century Business Services

CONTACT: Lori Novickis, Corporate Relations of Century Business Services, Inc., +1-216-447-9000
Web site: http://www.cbiz.com