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Century Business Services, Inc. (Nasdaq: CBIZ) ("Century"), the nation's fastest emerging outsourced business services company, today announced that it has completed the acquisition of General Business Services, Inc. (GBS) and E. K. Williams & Co., franchisors of accounting, tax and business consulting services. Century also announced that it will combine the newly acquired Waco, Texas-based companies with its currently owned Comprehensive Business Services franchise network of Mission Viejo, California into a separate division, Century Small Business Solutions, Inc., which will focus specifically on the company's 54,000 smaller business clients (5 to 25 employees). The new identity will immediately apply to corporate operations and will be phased in throughout the franchise network.General Business Services, and its wholly owned subsidiary General Tax Services, provides business management services including general corporate and tax counseling, accounting services, tax preparation, financial counseling and personnel services. E.K. Williams & Co. specializes in information systems, accounting services, tax preparation and financial management services specifically designed to meet the needs of small businesses.By combining GBS and E.K. Williams with Comprehensive, Century gains the ability to market its existing business services, such as payroll administration, small group health programs, workers' compensation and other insurance products, human resources, valuation services and benefits administration, to a broader small business client base. The consolidation creates a franchisee network, consisting of more than 650 franchise units and serving in excess of 54,000 smaller corporate enterprises. Century currently provides business management, tax and accounting services to smaller business customers through its Comprehensive Business Services subsidiary ("Comprehensive"). Comprehensive serves more than 24,000 small business clients through 240 franchisees across the nation. General Business Services and E.K. Williams serve more than 30,000 small business customers through more than 400 franchisee offices in 47 states. By instituting it as a separate division, Century establishes Century Small Business Solutions as a significant player in the franchised accounting, tax, business services and financial management consulting industry.