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November 30, 2006

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INTERNAL INVESTIGATION LEADS TO SHAKEUP AT ACS...Affiliated Computer Services, Inc. announced the completion of the company's internal investigation into its historical stock option practices and the actions it is taking in response to the findings of the investigation, including changes in its executive management. The investigation concluded that certain conduct of Mark A. King, the company's Chief Executive Officer, and Warren D. Edwards, the company's Chief Financial Officer, violated the company's Code of Ethics for Senior Financial Officers. King and Edwards have resigned, effective November 26, 2006, and have entered into separation agreements with the company.

The Board of Directors has appointed Lynn Blodgett, who has been serving as Executive Vice President and Chief Operating Officer of the company and as a director since September 2005, as President and Chief Executive Officer, and John Rexford, who has been serving as Executive Vice President - Corporate Development since March 2001, as Executive Vice President and Chief Financial Officer and as a director, in each case effective immediately. Blodgett and Rexford have served in various executive capacities with the Company for over ten years.

KENEXA NAMES NEW CEO/PRESIDENT...Kenexa announced that Troy Kanter, who joined the company in 1997 and currently holds the position of president, Human Capital Management, has been appointed to company president and chief operating officer, effective November 30, 2006. Kanter’s new role will include the responsibilities of Elliot Clark, who resigned from his position as chief operating officer and as a member of the board, effective November 30, 2006.

CERIDIAN ACQUIRES HEALTH COACHING FIRM...Ceridian Corporation has acquired Ann Arbor, Mich.-based Leade Health, a health coaching firm specializing in the areas of weight management, stress management, tobacco cessation, and cardiovascular health. Leade Health is a privately held company with more than 15 years experience in disease prevention within government agencies, health plans and corporations.

Posted by jbowles at November 30, 2006 07:34 PM