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KENTUCKY REVENUE CABINET SELECTS CBSI TO DEVELOP TAX DECISION SUPPORT SYSTEM

FARMINGTON HILLS, Mich.- May 30, 2000, Complete Business Solutions, Inc., (NASDAQ:CBSI) announced today that the Kentucky Revenue Cabinet has selected the company to develop and implement their Revenue Evaluation and Decision Support (READS) System.

When complete, the READS System will help increase efficiency of the tax collection function, including support, analysis and revenue generation. CBSI has already started the analysis and design phase for the project, which should be completed in the fourth quarter of this year.

"The new system will use tax-specific decision support applications, data warehousing and web- enabled technologies to access information quickly and easily," said Bryce Haws, CBSI Regional Vice President. "It will provide tremendous cost advantages and efficient reporting and strategic decision support systems for the Kentucky Revenue Cabinet."

"This win strategically positions CBSI in the Revenue space," said Shelley Mills-Brinkley CBSI Vice President in CBSI's Health and Human Services Practice. "Revenue agencies for other states have begun to understand and analyze decision support systems like this to help them generate more revenue."

"We are pleased to announce our partnership with CBSI on the READS project," said Mike Haydon, Kentucky Revenue Cabinet Secretary. "It is directly in line with our 'Empower Kentucky' initiative that streamlines business procedures to more efficiently serve our taxpayers."

In May of 1999, the Commonwealth of Kentucky selected CBSI as one of its Strategic Alliance Service (SAS) Partners, a program established to increase the efficiency and delivery of information technology project life cycle services. Most recently, CBSI was awarded a major project from Kentucky's Transportation Cabinet to develop a comprehensive web-based vehicle registration and titling system.

For over ten years, CBSI has provided public sector solutions for more than 20 states in the areas of health and human services, transportation, public retirement systems and now tax and revenue systems.

About CBSI

CBSI is a worldwide provider of information technology (IT) services and business consulting in e-business solutions, technology and support services. The Company posted revenues of $462 million last year and offers a broad range of IT services, from advising customers on strategic technology plans to developing and implementing appropriate IT applications solutions. CBSI achieved Level 5 quality ratings at development centers in India in December 1999, one of very few companies worldwide to achieve this designation as set by the Software Engineering Institute's Capability Maturity Model.
 

Contacts
At the Company Phone Email Address:
Kris Liebold 248-848-2284 kliebold@covansys.com
Kentucky Project Contact:
Jesse Jordan Sr. 502-564-0129  





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