SharedHR and ABD Insurance & Financial Services Collaborate to Deliver Innovative HR Solutions to Employers

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SharedHR, a fast-growing supplier of Web-based services to HR professionals nationwide announced today that ABD Insurance and Financial Services (ABD), a leading provider of global risk management and employee benefits solutions will make available SharedHR services to its clients.

SharedHR, a fast-growing supplier of Web-based services to HR professionals nationwide announced today that ABD Insurance and Financial Services (ABD), a leading provider of global risk management and employee benefits solutions will make available SharedHR services to its clients. SharedHR provides employers with a self-service, online employee benefits and HR communications tool that enables employers to deliver vital information and functionality to their workers.

“We’re very excited about working with ABD, one of the nation’s most respected, client-focused broker. This new relationship will provide sharedHR with a broad opportunity to increase its visibility under the aegis of a top-tier broker,” said Malcolm Whyte, Co-Founder of sharedHR.

“We're impressed with the high level of performance in sharedHR’s management system,” said Jim Settles, Senior Vice President of ABD. “The system has the sophistication of a large corporate HR department yet it’s simple enough for office managers to use. Our clients will find sharedHR to be a very valuable product.”

Mr. Settles said SharedHR is a unique system because it offers customers a library of several hundred online forms and documents plus checklists, guidelines, procedures and tutorials in HR department best practices that are legally compliant.

About sharedHR (http://www.sharedhr.com)

SharedHR is a Web-based Human Resources Management System (HRMS) that lightens the workload for human resource professionals. The San Rafael, Calif., company offers the only HRMS solution that can help reduce both employment liability risks and manage the intricacies of running today's complex HR function. SharedHR provides a robust employee data tracking and reporting system. In addition, sharedHR provides an employee communications portal and a complete library of HR forms, documents and policies, all supported by a secure Internet-based technology. Visit sharedHR at http://www.sharedhr.com.

About ABD Insurance & Financial Services (http://www.cybersure.com)

ABD provides insurance brokerage, employee benefits consulting and risk management solutions to their clients across the United States and around the world. An industry leader and innovator, ABD is widely recognized for its collaborative, client focused culture and leading edge customer support – accessible 24 /7 via ABD’s award winning Web site, http://www.CyberSure.com. Now the 14th largest broker of U.S. business and the nation's number one broker of D&O Liability insurance, ABD has more than 780 employees, 19 major offices in strategic regional business centers across the western United States and annual revenues of approximately $150 million. ABD is a subsidiary of Greater Bay Bancorp (Nasdaq: GBBK), a financial services holding company.

Media Contacts:

David Siskin, sharedHR, dsiskin@sharedhr.com, 800-886-9478.

Jim Settles, ABD Insurance and Financial Services, jes@abdi.com, 707-773-1848.

Tom York, Thomas York Public Relations, tom@yorkpr.com, 415-552-3281

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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David Siskin
sharedHR
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