Paychex, Inc. is a leading national provider of payroll, human resource, and benefits outsourcing solutions for small- to medium sized businesses. The S&P 500 company, which trades on The NASDAQ Stock Market (NASDAQ:PAYX), is headquartered in Rochester, NY and has over 9,400 employees who serve approximately 505,000 clients from more than 100 locations across the country.

Products that Paychex offers include payroll processing, payroll tax administration, workers’ compensation insurance dministration, 401(k) record keeping, section 125 plan administration and employee pay options including direct deposit. Paychex, whose revenues totaled nearly $1.3 billion in fiscal 2004, processes payroll for about 7 million American workers each pay period.