3/20/06

CBIZ Inc. (CBIZ) 

"CBIZ is he nation’s #1 benefits specialist in addition to being one of the largest accounting service providers, business insurance firms, valuation and medical practice management companies in the U.S."

Website: www.cbiz.com

CBIZ Investor Highlights

• The most recent quarterly earnings report was much higher than analysts’ consensus forecast.
• CBIZ announced that its Board of Directors has authorized the purchase of up to 5,000,000 shares of its outstanding common stock to be obtained in open market or privately negotiated purchases through March 31, 2007.
• CBIZ has closed significantly above its 50-day moving average.
• Acquired Valley Global Insurance Brokers of San Jose, California effective January 1, 2006.
• Acquired The TriMed Group of Flint, Michigan..
• Announced that it expects to achieve full year 2006 revenue growth in a range of 8% to 10%, and expects to continue to improve earnings per share from continuing operations by 20% to 25%.

Overview

CBIZ, Inc. is a provider of professional business services to companies throughout the United States. As the largest benefits specialist, 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 internal audit; Sarbanes-Oxley 404 compliance; valuation; litigation advisory; government relations; commercial real estate advisory; wholesale life and group insurance; healthcare consulting; medical practice management; and capital advisory services. These services are provided throughout a network of more than 140 Company offices in 34 states and the District of Columbia.

CBIZ reported revenue of $132.1 million for the fourth quarter ended December 31, 2005, an increase of $12.2 million over $119.9 million reported for the fourth quarter of 2004. Same-unit revenue for the quarter increased by 5.8%, or $7.0 million. Revenue from newly acquired businesses contributed $5.2 million to revenue growth in the fourth quarter of 2005. The Company reported net income from continuing operations of $3.7 million, or $0.05 per diluted share, compared with $3.2 million reported for the fourth quarter a year ago, or $0.04 per diluted share.

Recent News and Press Releases

Cramer's 'Mad Money Lightning Round'

CBIZ 4Q Net Income Rises to $5.18 Million

CBIZ to Buy Back Up to 5 Million Shares

CBIZ Acquires Valley Global Insurance

CBIZ Acquires Premier Regional Medical Management Firm The TriMed Group

For the latest Quote and News on CBIZ Click Here.

Three Month Chart

Management

Steven L. Gerard: CEO/Director

Mr. Gerard was appointed as Chief Executive Officer and a Director of the Company in October of 2000 and Chairman in November 2002. Immediately prior to joining CBIZ, Mr. Gerard served for three years as Chairman and CEO of Great Point Capital, Inc., a provider of operational and financial advisory services to business clients. Before that, Mr. Gerard served as Chairman and Chief Executive Officer of Triangle Wire & Cable, Inc. Prior to commencing the turnaround of Triangle, Mr. Gerard spent 16 years at Citibank, N.A., where he ultimately served as Senior Managing Director, responsible for the risk management of $80 billion of Citibank's commercial and investment banking activities in the United States, Europe, Australia and Japan. Mr. Gerard began his career at the American Stock Exchange, where he last served as Vice President of AMEX's Securities Division. Mr. Gerard currently serves on the Board of Directors for Lennar Corporation (NYSE: LEN), Fairchild Corporation (NYSE: FA), TIMCO Aviation Services, Inc. (OTC BB: TMASE.OB) and Joy Global (NASDAQ: JOYG).

Mr. Dufourwas was appointed as Chief Technology Officer of CBIZ in August of 2001. As Chief Technology Officer, Mr. Dufour is responsible for all internal corporate technology and MIS activities and initiatives, including software development, hardware procurement and rationalization, systems security, Internet and intranet activities, and communications networks.

Mr. Dufour brings an extensive technology background to CBIZ, with experience in the healthcare, insurance, retail, distribution, and manufacturing industries. Most recently, Mr. Dufour served as Corporate Director of Information Access Services for University Hospitals Health Systems (UHHS), where he achieved substantial cost savings by consolidating IS resources throughout the health system.

Mr. Gleespen has served as CBIZ's General Counsel and Corporate Secretary since 2001.  He also has served as Vice President of Regulatory Compliance and Accountancy Compliance Officer and Technical Director since February 1998. Prior to joining CBIZ, Mr. Gleespen was an Assistant Ohio Attorney General in the Business & Government Regulation Section and the Court of Claims Defense Section from 1988 until 1998. Mr. Gleespen is a member of the Board of Directors of the Cancer Hope Foundation, and is a member of the American Society of Corporate Secretaries.

Contacts

CBIZ Inc.

6050 Oak Tree Boulevard South
Suite 500
Cleveland, OH 44131
Phone: 216-447-9000
Fax: 216-447-4809

SEC Filings

CBIZ filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.