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TALX Introduces UC eXpress, a Comprehensive Suite of Unemployment Cost Management Services
ST. LOUIS, Jul 23, 2002 (BUSINESS WIRE) -- TALX Corporation (NASDAQ: TALX) a leading business process outsourcer of human resource, benefits and payroll services, announces the availability of UC eXpress(SM)--a complete suite of services designed to reduce the cost of processing unemployment claims and better manage the tax rates that employers are assessed for employment taxes. UC eXpress services feature advanced systems, document imaging and Internet access to speed the processing of new unemployment claims while immediately uncovering inaccuracies in filed claims. UC eXpress also includes valuable tax planning services that assist employers in the strategic planning for all employment taxes. More information is available on the UC eXpress website at www.ucexpress.com.

UC eXpress represents the best-in-class services for managing each component of unemployment costs. "When it comes to unemployment cost management, companies are looking to develop relationships with outsourcing firms that tackle every facet of employment tax minimization," said Bill Canfield, president and CEO of TALX Corporation. "UC eXpress is the direct result of our recent acquisitions of the two leading unemployment cost management businesses, The Frick Company and the unemployment cost management business of GatesMcDonald. We are excited to bring this best-in-class service to market."

"The formation of UC eXpress combines an industry leading employment tax service with an extensive client relationship management organization. The service offering is completed by the application of advanced technology to the unemployment claim management process," said Laura Browder, manager of corporate development for TALX Corporation. "Employers familiar with outsourcing their unemployment claims processing will notice the enhanced access to UC eXpress through both an informative website and a knowledgeable client support team."

The Department of Labor recently estimated that $2.4 billion in overpayments was included in the $30 billion in unemployment benefits paid in calendar year 2001, including $560 million attributable to fraud or abuse. "With UC eXpress, we can limit our customers' exposure to these overpayments through aggressive monitoring of the entire claims process," said Browder.

In addition, many customers are already benefiting from UC eXpress Employer Tax Services, which recover unemployment tax overpayments as well as provide strategic employment tax planning. "With the current financial environment and proposed regulations that would restrict accountants from providing consulting services to companies whose books they audit, many organizations are working to separate their financial accounting from their various tax consulting programs. As a result, the comprehensive UC eXpress tax services are in demand to provide the highest level of expertise in the employment tax arena," said Browder. "Fast-growing organizations, companies that have been involved in mergers, acquisitions, reorganizations and restructurings and businesses planning any of these events in the future likely benefit the most from these comprehensive services."

By combining UC eXpress with its other HR services, TALX offers an even larger suite of payroll-centric services to its customers, potentially through a single payroll data interface. TALX services, which include The Work Number(R), The Work Number ePayroll Services and W2 eXpress(SM), enable customers to save money while empowering employees to manage routine payroll-related activities in a secure, convenient online environment.

    About UC eXpress
UC eXpress offers complete unemployment cost management services, from unemployment claims processing to unemployment tax rate assessment and tax consulting. Using advanced in-house systems, document imaging and web access, UC eXpress speeds the processing of unemployment claims for its clients. By protesting invalid and improper charges to an employer's tax accounts, UC eXpress saves clients' tax dollars. In addition, UC eXpress offers expert hearing consultation using its in-house staff of hearing consultants and attorneys. Since UC eXpress offers a choice of Employer Tax Services, clients can utilize any or all of the services that are designed to reduce their employment tax costs. UC eXpress professional staff offers short or long-term support for the burdens and complexities facing clients' payroll tax departments. More information is available on the UC eXpress website at www.ucexpress.com.

    About TALX Corporation
TALX Corporation is a leading outsourced service provider for the human resource, benefits and payroll markets. TALX holds a leadership position in two key employment-related services - automated employment and income verification services via The Work Number(R) and unemployment cost management services through UC eXpress. TALX is also a leading provider of automated benefits enrollment services and a provider of automated time entry services. Based in St. Louis, Missouri, TALX empowers users to complete transactions independently utilizing available multimedia including Web, interactive voice response, speech recognition, fax and e-mail. TALX Corporation common stock trades on the NASDAQ Stock Market(R) under the symbol TALX. For more information about TALX Corporation call 314/214-7000 or access the company's Web site at www.talx.com.

Statements in this press release expressing the expectations of management may be forward-looking and involve uncertainties. TALX risk factors are detailed in documents filed with the Securities and Exchange Commission.

CONTACT:          TALX Corporation, St. Louis
                  Laura Browder, 314/214-7224
                  lbrowder@talx.com

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