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Phoenix, AZ, June 10, 2015 – Contractor Management Services (“CMS” or the “Company) today announced that it has partnered with Riverside Partners, LLC, a Boston-based private equity firm, to capitalize on its success and fuel its continued growth. Financial terms of the transaction were not disclosed.

CMS is the leading provider of compliance software and payment settlement services for independent contractors. CMS offers its services through Cloud-based solutions that enable contracting companies to settle and contract with independent contractors as well as track, document and facilitate compliance with the complex regulatory, legal and tax requirements associated with the use of independent contractors. The Company is based in Phoenix, Arizona.

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Addition of Patrick LaVoie enhances CMS’ drive of product and company growth.

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CMS’ SVP of Partner Development to address IC misclassification at educational session

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Sponsorship to fund operations of Grand Canyon Chapter store, most successful in the nation

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TLPA membership adds networks and opportunities for CMS

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Transtar becomes CMS Referral Partner; company to assist in targeting potential client businesses for CMS

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CMS Chief Strategy Officer to address issues relating to employee vs. IC classification at educational session

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Addition of Richard Bren furthers CMS’ commitment to strengthening the IC model

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Membership in New Jersey-based NLA provides CMS with expanded presence in transportation industry

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Partnership with Ontario-based NAL Insurance marks the first time CMS’ ICM Power™ technology to be utilized outside of the U.S.

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Partnership to provide Independent Contractors with increased benefits and solutions

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New proprietary software to mitigate risk and save money for carriers, while providing increased benefits for Independent Contractors

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