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Major Payroll & HR services provider Cintra (UK) joins the Payroll Services Alliance Payroll Services Alliance links Trianon to a European network generating 5.7 million payslips per month

Brussels (SD Worx), Lausanne (Trianon), Madrid (Seresco), Newcastle (Cintra), Prague (Elanor), Stockholm (Aditro), May 29, 2012 ­ The Payroll Services Alliance announces the accession of Cintra as its member. Cintra is a major Payroll & HR services provider in the United Kingdom, generating 150,000 payslips per month. Thanks to the accession of Cintra, the Payroll Services Alliances now significantly strengthens its position on the UK market. The Payroll Services Alliance now covers Central, Northern, Southern, Western and Eastern Europe, Russia and Turkey, generating each month 5.7 million payslips for over 63,000 customers throughout Europe. In all regions local expertise and best-of-breed solutions are combined with European multinational expertise, services and solutions. This makes of the Payroll Services Alliance a solid European provider. "Core to Cintra HR & Payroll Services is to create a company that is the best in our industry judged by our customers. This is the backbone of everything we do as a company", explains Carsten Staehr, CEO of Cintra. "Becoming a member of the Payroll Services Alliance fits our strategy extremely well. Our existing customers require payroll services in continental Europe. Now we can service them via a formal network of leading payroll companies across Europe." The accession of Cintra to the Payroll Services Alliance is a major step in the evolution of the payroll landscape in Europe. "6 strategic partners combine their expertise and provide payroll services and solutions in 27 European countries", states Steven Van Hoorebeke, CEO of SD Worx International. "Each partner is a leading provider in his region, while all partners together constitute a solid block of European payroll expertise and solutions. We are confident to state that the Payroll Services Alliance is one of the few providers with such a strong offering in Europe." For more information please contact: Payroll Services Alliance: Philip Swinnen (Grayling), +32 2 713 07 33 or [email protected] (press only) Trianon: Brigitte Staub, Partner and International Alliance Manager +41 (0)44 355 60 02, [email protected]

About Cintra Cintra HR & Payroll Services Ltd offers bespoke, fully integrated Payroll and HR solutions which can be tailored to each individual client's needs. Established for over 30 years, Cintra employs 55 people at its headquarters in Newcastle upon Tyne and services in excess of 500 customers, including international clients such as Foot Locker, Hiscox, Mitsubishi, Saxo Bank and Momentum Pictures. 150,000 people are paid every month using a Cintra solution. About the Payroll Services Alliance The Payroll Services Alliance bundles the offering of its members into a genuine pan-European payroll solution. The Payroll Services Alliance was founded in 2010 by Aditro and SD Worx. Elanor, Seresco and Trianon joined in 2011. Cintra joined in 2012. The Payroll Services Alliance covers 27 European countries in Central, Northern, Southern, Western and Eastern Europe, Russia and Turkey. The Payroll Services Alliance stands for over 490 M combined revenues. For over 63,000 customers throughout Europe each month 5,7 mio payslips are generated. About Trianon Trianon is a leading Swiss HR services company offering payroll, pension fund, personnel insurance and absence management services via integrated HR Business Process Outsourcing as well as HR Consultancy and HR Software. The group has offices in both, the French and the German speaking area, to deal with the complexity of the 26 different cantons and the multilingual diversity in Switzerland. Since 1997, Trianon has continuously increased its market share by offering high quality single or multiple services ­ tailored to the customer's specific needs - to clients in all industries.


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