FLS Partners with USB for Electronic Payroll Tax Payments

Agreement Gives Corporate America a Single Source for Payments to Government Agencies Nationwide

DALLAS, TEXAS - 12/21/99 - Federal Liaison Services, Inc. (FLS) announced today that Universal Savings Bank, F.A. (USB) will be added as a new channel partner to enable FLS customers to electronically process payroll tax payments.

"USB gives us a single resource to provide electronic solutions for all payroll tax payments required to be paid electronically to government," said Fran Bartlett, founder and president of FLS. "USB is a proven leader in processing and presenting tax payments to the automated clearing house (ACH) network. USB has been a customer of FLS in its payroll processing operation, so they are familiar with the requirements of other FLS customers. This new partnership strengthens our position as the only vendor offering a complete spectrum of tax compliance solutions, with both insourcing and outsourcing options." U.S. businesses make payroll tax payments to about 7,000 federal, state and local taxing agencies.

"The USB-FLS partnership provides businesses with one-stop shopping for seamless execution, high reliability and security in electronic payment processing through the ACH network," said Kenneth W. Biel, chief executive officer of USB. "This strategic alliance makes sense for two leaders in their industry segments."

Universal Savings Bank, F.A. is a federally-chartered savings bank located in downtown Milwaukee, WI. USB is a vertically integrated electronic transaction processor, providing transaction authorization, data capture, settlement and funds transfer services to over 45,000 business clients nationwide. USB offers credit and debit card processing, electronic check processing, time/attendance and payroll processing, pre-paid phone products, electronic gift cards, and e-commerce solutions. Visit USB online at www.usb.com.

FLS payroll tax systems are the most comprehensive and sophisticated in the marketplace today. Only FLS offers both payroll tax software and tax filing services. Companies can use the same database for either option.

About Federal Liaison Services, Inc. (FLS)

Federal Liaison Services, Inc. is the leading provider of software solutions and services to employers for government reporting and compliance. FLS solutions automate payroll tax payments and filings, wage garnishment processing, and year-end W-2 and 1099 processing. Clients include 400 members of the Fortune 1000, and major government agencies. Visit FLS online at www.flsinc.com or call 972/239-8881. The company's headquarters are located at 12001 N. Central Expressway, Suite 700, Dallas, TX 75243-3715.