10/09/03
InterPro announces the acquisition of Pay Check Limited and growth plans in The United Kingdom

October 9, 2003, Rockville, Maryland. InterPro Holding, Inc. (“InterPro”) announced today the closing of the acquisition of Pay Check Limited (“Pay Check”), a payroll services company headquartered near London, England. The founders of Pay Check will continue to run the operations of the company and will be minority equity holders.

InterPro, with its worldwide affiliates, will fully support the growth of the historic core business of Pay Check. Moreover, it is expected that additional services will be integrated to provide a full range of human resources services to appeal to customers, large and small, over different business sectors. In combination with InterPro's extensive expertise as one of the largest human resource business process outsource companies, it is expected that Pay Check will be a market leader in the growing trend of complete outsourcing of payroll functions and services of companies in the United Kingdom.

Bala Ramamoorthy, the President and Chief Executive Officer of InterPro stated, “I am delighted to announce the acquisition of Pay Check in the United Kingdom. Pay Check has an experienced management team with a strong reputation and track record for outstanding customer service and value. These qualities will be fundamental to supporting its accelerated growth in the United Kingdom.”

Victoria Baillieu, the Chief Executive Officer of Pay Check further remarked “We feel very excited about the opportunities in the UK for Pay Check following our joining forces with InterPro, one of the fastest growing payroll outsourcing companies in the world. Our success since our foundation seven years ago has been based on our ethos of high customer service, team training, attention to detail and offering competitive pricing. The management team is committed to maintaining these high standards while expanding the range of services and the size of our customer base, which is spread over a diverse range of UK business sectors.”

_____________________________

InterPro Holding, Inc. , is headquartered near Washington, D.C. in Rockville, Maryland, and along with its affiliates, have 16 offices in the United States and 9 countries worldwide. With 2002 revenues of over US$550 million, InterPro is one of the largest human resource BPO companies in the world. For further information regarding InterPro, see www.interprobps.com , or contact Monica Wilson at +1(240) 238-2100.