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 News Article

May 19, 2006

PADGETT BUSINESS SERVICES RECEIVES FRANCHISEE SATISFACTION REWARD

Athens, GA - Padgett Business Services was recently included in Franchise Business Review'''s Franchise 50 2006 Franchisee Satisfaction Awards, an annual ranking of franchising companies based upon franchise owner satisfaction. These elite companies represent the top 1% of all franchises in North America. In addition, the Franchise 50 recognizes franchises in a variety of business industry categories, and Padgett Business Services received an honorable mention in the Financial and Tax Category.

"We are honored to be included in the 2006 Franchise 50," commented Steve Rafsky, Chairman and CEO of Padgett Business Services, "and we are continuing to set the industry standard for the best and most affordable tax franchisee opportunity. Our operating and support staff is second to none, and we have a long history of satisfied franchise owners."

Franchise Business Review, a national franchise market research firm, performs independent surveys of franchisee satisfaction and franchise buyer experiences. The firm examines the critical areas of a franchise system, including training and support, operations, franchisor/franchisee relations, and financial opportunity. The Franchise Business Review survey results deliver unbiased facts about the overall health of a franchisor direct from franchise owners. For the Franchise 50 2006 Franchisee Satisfaction Awards, thousands of franchise owners from over 200 leading franchise companies were surveyed. The companies with the highest levels of franchise owner satisfaction became this year's Franchise 50 finalists.

"We are honored to receive this recognition from a well-respected research firm," added Rafsky. "The last several years have been truly outstanding for Padgett Business Services. Our exceptional franchise owners and their commitment to customer service, combined with outstanding products and services, have led our franchise system to record-setting results and a solid base for future growth."

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