TAMPA, FL Tampa, FL. - Sept 6, 2002 - HealthPlan Services, Inc. (HPS) announced a contract with The American Council of Engineering Companies Life/Health Trust (ACEC) and Trustmark Insurance Company (Trustmark) to provide full administrative and distribution services for the 46,000 association members covered under the ACEC insurance plan.

Since 1965, ACEC has provided engineering firms across the United States access to quality health, life, disability and dental plans.

"We are extremely excited about our new ACEC partnership," said Jeff Bak, HPS President and CEO. "Our experience in delivering fully automated administrative services combined with our sales, marketing and distribution network capabilities offers the right fit for ACEC and its membership. We look forward to putting our niche marketing expertise to work for them."

HPS will use its fully Web-enabled total administrative solutions platform to handle all aspects of billing, enrollment, eligibility, commissions, rating and renewals. In addition, the HPS Web-enabled claims platform with significant auto adjudication capabilities will also serve ACEC members.

"After months of researching the TPA industry, we determined that HPS is the best company to meet the needs of the Trust and the engineering companies we serve," added Derrell Johnson, Chairman ACEC Life/Health Trust. "Their technology will provide excellent service to our existing customer base. We look forward to the growth in membership and participation that will result from our partnership with HPS."

HPS is a division of HealthPlan Holdings, Inc. (HPH), a privately held company owned by Sun Capital Partners and management. HPH is an outsourcing solution for insurance companies, HMO's, large employers and Taft-Hartley trusts. The company provides cost effective administrative solutions by deploying a technology platform and management expertise in each of its market niche segments. HPS offers clients an ability to quickly enter new markets on a variable cost basis while immediately improving their bottom line by reducing processing costs.