For immediate release

July 14,  2009

East Pointe development marks milestone

Lt. Governor Lee Fisher lauds office project, a 2007 recipient of state program to enable shovel ready sites

Completion of 50,000-sf East Pointe building celebrated as first of three-building office development. Principal tenant is Paychex, leading HR outsourcing firm

(MIDDLETOWN, OH)  - Mayor Lawrence Mulligan and City Council members welcomed Ohio Lt. Governor Lee Fisher, city officials and business and economic development leaders to the City’s Renaissance District for a ceremony July 14, marking the official opening of East Pointe, a $35+ million office development in the City’s Renaissance District near its Interstate 75 interchange at State Route 122 in Warren County.  The ceremony also recognized the commitment of Paychex as the project’s largest tenant, as well as the public commitment of the State of Ohio in the form of a $2.16 million Job Ready Sites program grant. City of Middletown also contributed as a development partner, offering tax incentives to help Paychex with its move to East Pointe.

Paychex Branch Manager Marcia Paulick noted, “Our enhanced headquarters help us better serve all of our clients and provide a sustainable environment for our talented staff, which aligns with our mission of environmentally responsible delivery of services.” The Paychex office space is registered with the U.S. Green Building Council for Leadership in Energy and Environmental Design (LEED)-Silver Certification for Commercial Interiors. Paychex is a leading national provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.

The Lieutenant Governor, Mayor Lawrence Mulligan, Warren County Economic Development Director Kimm Coyner, Al. Neyer Vice President Christopher Dobrozsi and Ms. Paulick spoke 12:15 p.m. ceremony outside of East Pointe, Building 200, during which Lt. Gov. Fisher noted East Pointe as a premier success story of the State Job Ready Sites program. Speaking on future development, he referenced a quote from hockey player Wayne Gretzky, on what contributes to his success. Gretzky said, “I skate to where the puck is going to be, not where it has been.”

“In Middletown, with this East Pointe project, you’re skating to where the puck is going to be,” Lt. Governor Fisher said.

“Without the JRS program, we wouldn’t be sitting here today,” said Christopher Dobrozsi, Vice President, Al. Neyer, Inc., East Pointe developer and City of Middletown’s development partner in the Renaissance District.

About 50 attended the ribbon-cutting, at which Lt. Governor Fisher toured the Paychex regional headquarters. Ann Lubbers, LEED AP, Design Associate with Al. Neyer, pointed out attributes of the building and the Paychex space that qualifies it for LEED certification, including showers in the bathrooms, bike racks, and doors made from sustainable materials.

Mayor Mulligan said  partnership is often key to major development projects. 

“This partnership shows that Middletown, Ohio, is a good place for business growth,” he said. “East Pointe represents another tipping point for Middletown’s economy in a positive way. We are becoming defined by the new economy service, technology, research and health care jobs that are pointing us into our future as a regional leader.”

“East Pointe is new and green and a smart option for corporate office users,” according to David F. Neyer, president and CEO of Al. Neyer, Inc. In addition to project develoer, Al. Neyer provided design-build services on the project. Paychex occupied about half of the building in March 2009. East Pointe is registered for LEED-Silver Certification as a Core & Shell project. LEED certification provides independent, third-party verification that a building project meets the highest green building and performance measures.

About Al. Neyer, Inc.

Al. Neyer, Inc. is a 115-year-old commercial real estate development and design-build company, responsible for millions of square feet of office, industrial, health care and mixed-use space that contributes to the economic vitality of cities in which we build. Al. Neyer was among the first contractors in this region to embrace the design-build method of construction that integrates design and construction decisions and promotes collaboration. Al. Neyer continues to enhance our green building design and construction capabilities both for our clients, and our own projects. Six of our staff holds LEED Accredited Professional credentials and the company has been involved in three LEED registered projects. Al. Neyer is consistently ranked among Greater Cincinnati’s largest privately held companies. For more information, visit www.neyer.com.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.  The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, health insurance, workers’ compensation administration, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business.  Paychex was founded in 1971.  With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 554,000 payroll clients as of May 31, 2009.  For more information about Paychex and our products, visit www.paychex.com.

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