Florham Park, New Jersey (January 4, 2007) - Unicorn HRO, a premier provider of human resources, benefits and payroll solutions, has completed the acquisition of BMH, Inc., the Dallas-based developer of Open4® human resource information and payroll solutions, according to Frank P. Diassi, Chairman and CEO of Unicorn HRO.

The acquisition will strengthen Unicorn HRO's position as a major provider of hosted and outsourced HR/Payroll services for the middle market and expand its capabilities and resources to better serve an installed base of 800 companies, supporting over three million employees throughout North America.

"The strategic fit between Unicorn HRO and Open4 is a win-win for our clients," explained Mr. Diassi. "The combined resources, knowledge and technical expertise of our expanded staff strengthen our commitment to creating innovative, functional HRIS solutions that meet increased demands in today's marketplace. This deal also establishes a strong cultural fit in terms of merging management teams that pride themselves on delivering superlative customer service."

According to Ed Harrison of BMH', "This is a great development for Open4. Over the years Unicorn HRO has been able to take advantage of its GenevaPlus software to create a highly-functional service bureau environment. Unicorn HRO is uniquely capable to serve companies that need an outsourcing solution that is robust, highly flexible, and tailored to meet their specific needs. Moving Open4 into that environment will make for an exciting period of growth for the combined companies."

About BMH, Inc. and Open4® HRIS
Open4® was developed by BMH (Bonnecaze, McLeroy and Harrison), Inc. as a totally integrated software system offering human resources information, payroll data, self-service, query and report writing, in one database with the same language and toolset. The software system is used by a wide variety of organizations, ranging in size from 100 employees to 30,000. Headquartered in Dallas, Texas, the firm is focused exclusively on developing and supporting the OPEN4 HRIS product suite. For more information on OPEN4, visit its website at www.open4.com.

About Unicorn HRO
Headquartered in Florham Park, New Jersey, Unicorn HRO specializes in fully integrated benefits, payroll, and human resources solutions that can be operated independently by clients or totally outsourced to Unicorn HRO. The company was formed in 1982 by the Unicorn Group. Unicorn HRO currently services the HR needs of more than 800 domestic and international companies representing over three million employees. Unicorn HRO has offices in Raleigh, North Carolina, Seattle, Washington, Houston, Texas and now in Dallas, Texas. For more information visit our website at www.unicornhro.com.

For more information, contact:
Unicorn HRO - Corporate Headquarters
25 B Hanover Rd.
Florham Park, NJ 07932
Phone: 973.360.0688
Fax: 973.360.0699
Email: info@unicornhro.com
Website: www.unicornhro.com