CBIZ Acquires Full-Service Insurance Agency MeyersDining, LLC

CLEVELAND, Oct. 1  /PRNewswire-FirstCall/ -- CBIZ, Inc. (NYSE:CBZ) today announced it has acquired MeyersDining, LLC, an insurance agency located in Boulder, Colorado, effective September 30, 2009.

Founded in 2005 with the merger of firms owned by Gary Meyers and Elizabeth Dining, MeyersDining is a full-service insurance agency which serves the insurance and benefits needs of group and individual clients as well as providing property and casualty solutions for commercial clients. MeyersDining has 14 employees and recorded $2.3 million in revenue during the past twelve months.

Steven L. Gerard, CBIZ Chairman and CEO, stated, "We have worked with Gary and Elizabeth for over ten years servicing their clients in the areas of Flex Administration, COBRA, 5500 preparation and 401K actuarial consulting and their culture is very similar to ours. We look forward to welcoming them and their talented team while further expanding the CBIZ footprint in Boulder and Denver, Colorado."

Commenting on becoming part of the CBIZ organization, MeyersDining's Elizabeth Dining stated, "By joining CBIZ, MeyersDining is able to expand the benefits available to our clients. While we are already known for our integrated approach to running our agency, which includes superior customer service and hands-on risk management, MeyersDining's clients will now have greater access to an even broader range of services and technical skills."

CBIZ, Inc. provides professional business services that help clients better manage their finances, employees and technology.  As one of the largest benefits specialists and one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides its clients with financial services including accounting and tax, internal audit, merger and acquisition advisory, and valuation. Employee services include group benefits, property and casualty insurance, payroll, HR consulting and wealth management.  CBIZ also provides information technology, hardware and software solutions, healthcare consulting and medical practice management. These services are provided through more than 140 Company offices in 36 states.

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected.  Such risks and uncertainties include, but are not limited to, the Company's ability to adequately manage its growth; the Company's dependence on the current trend of outsourcing business services; the Company's dependence on the services of its CEO and other key employees; competitive pricing pressures; general business and economic conditions; and changes in governmental regulation and tax laws affecting its insurance business or its business services operations.  A more detailed description of such risks and uncertainties may be found in the Company's filings with the Securities and Exchange Commission.

For further information regarding CBIZ, call our Investor Relations Office at [phone] or visit our web site at http://www.cbiz.com/. 

DATASOURCE: CBIZ, Inc.



CONTACT:  Lori Novickis, Director, Corporate Relations of CBIZ, Inc.,

[phone]



Web Site:  http://www.cbiz.com/ 

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