Multi-process HRSourcing

Savista CEO Jeff Bizzack Honored for Major Achievements and Contributions to Fast-growing, $55 Billion HR Outsourcing Industry

Credited with Helping Shape Industry Direction and Setting Standards through Product Innovation and Client Service Excellence in Providing HR Outsourcing Services

WICHITA, KS, January 20, 2005 Jeff Bizzack, one of the most successful industry executives in the HR outsourcing (HRO) community, has been selected as a 2005 HRO Superstar by HRO Today magazine, which serves the global HR community. Each year, HRO Today recognizes the individuals who have played an extraordinary role in the development and evolution of the HR outsourcing industry, which is estimated at $55 billion. The prestigious list includes the most influential and respected corporate buyers, service providers, strategy consultants and thought leaders in the HRO marketplace.

In the world of HR outsourcing service providers, Jeff is a stand-out, involved in some of the most important transactions of the year and setting new trends in the industry, said Harry Feinberg, Chairman and CEO of Outsourcing Today, LLC, which publishes HRO Today magazine. Jeff is helping shape the future of the industry, by playing a lead role in bridging the HR and finance/accounting outsourcing sectors to provide innovative products and services that help companies achieve even greater processing efficiencies, performance improvements and cost savings.

Bizzack is currently CEO of Savista, LLC, and formerly co-founder and Executive Vice President of ProBusiness Services Inc. Under his leadership, Bizzack built ProBusiness into one of the largest providers of payroll, employee benefits and HR business process outsourcing (BPO) services to large corporations, achieving the highest client satisfaction and retention levels in the outsourcing services industry. ADP acquired ProBusiness in 2003.

In his new role at Savista, Bizzack is also helping the company achieve a record level of client satisfaction, investing significantly in the people, processes, products and technology as the cornerstones of client service excellence. Savista is the leading provider of technology and BPO solutions to the restaurant and hospitality industries, and is majority owned by Accel-KKR, a private investment firm founded by venture capital firm Accel Partners and private equity investment firm Kohlberg Kravis Roberts & Co.

It is such a privilege to be recognized in this way by a leading industry organization, and I am really proud to be associated with such a distinguished group of honorees, said Bizzack. I have been very fortunate to work with some of the most dedicated and qualified professionals in the business. These are exciting times for the industry, with unprecedented opportunities for companies to use outsourcing to achieve their strategic business goals.

About Outsourcing Today
Outsourcing Today, LLC is the leading provider of integrated marketing services bringing buyers and providers of outsourcing services together. The company holds a major equity position in HRO World, a high-level events company in the HR outsourcing sector. Outsourcing Today is also the founder of the Human Resources Outsourcing Association (HROA) and publishes HRO Today and FAO Today magazines.

About Savista
Savista is the leading outsourcing firm that focuses exclusively on delivering technology solutions for the world’s largest restaurant chains, as well as finance/accounting, human resources, and technology solutions for fast-growing mid-market companies. The firm delivers these solutions to 40 leading restaurant brands in over 50 countries and 6,000 locations. Major clients include McDonald’s, Pizza Hut, Applebee’s, Domino’s, Ruby’s Diners, Hardee’s, Houlihan’s, KFC, Taco Bell, Church’s, Mazzio’s, and other well-known multi-unit restaurant companies.

Savista is recognized in the hospitality and restaurant industry for its high levels of service excellence and client satisfaction. FAO Today, the leading publication serving the finance/accounting sector, selected Savista as a Tier 1 provider in its annual Resource Guide. As a Tier One firm, Savista is among the top ten percent of all outsourcing services providers serving the finance/accounting sector globally.

Savista has locations in Wichita, KS, Rosemont, IL, and Sao Paulo, Brazil. It is owned by Accel-KKR, a private investment firm founded by venture capital firm Accel Partners and private equity investment firm Kohlberg Kravis Roberts & Co., and Savista management. Please visit www.savistacorp.com.

About Accel-KKR
Accel-KKR is a technology focused private investment firm founded by venture capital firm Accel Partners and private equity investment firm Kohlberg Kravis Roberts & Co. Accel-KKR invests primarily in technology companies with between $25 million and $150 million in revenue. Accel-KKR prefers majority ownership positions and investment opportunities in which it can contribute to the creation of long-term shareholder value. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies. Accel-KKR is based in Menlo Park, California.

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Tags: Multi-process HR, Sourcing

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