iamindependent makes market-specific health benefits and business services available exclusively to Real Living agents

Agent-centric real estate firm offers associates greater stability, flexibility and control through exclusive iamindependent Services

Tenafly, NJ, February 12, 2003 - iamindependent, the leader in contractor employment and 1099 compliance solutions, today announces that it has entered in to a real estate market-specific agreement to exclusively serve Real Living, the fifth largest real estate firm in the United States with more than $6 billion in sales and nearly 5,000 sales associates. Through this agreement, iamindependent will become a provider of contingent workforce employment services to nearly 5,000 Real Living associates.

In certain market segments, such as real estate, the workforce demographic is almost entirely comprised of independent contractors. Recent studies across all market segments have suggested that as many as 30 million people in the United States could be performing work on an independent contractor basis. The number of these flexible or contingent workers in America is on the rise due in part to personal career decisions, or the current lack of permanent employment opportunities as a result of a highly volatile permanent employment market. Companies and government agencies will need to address the evolution of the workforce dynamics; begin to develop strategies of how to engage this growing workforce demographic most cost-effectively and without risk, and how to make available to contingent workers traditional-employment type perquisites such as health and medical benefits, retirement plans, payroll and a year-end W-2.

"The real estate industry almost predominantly consists of independent contractors, whom up until now have had a difficult time obtaining traditional-employment type services such as affordable and comprehensive health and medical coverage, and comprehensive retirement plans that would allow them to plan for their future," said Michael Beygelman, President and CEO of iamindependent. Mr. Beygelman continued, "Real Living's market-exclusive agreement to make iamindependent's services available to all their associates demonstrates their keen understanding of the challenges that independent contractors and the companies that engage them are faced with, and positions Real Living as a leader in the real estate industry."

Katie Maurer, Chief Administration Officer for Real Living, said, "In mid-2002, Real Living embarked on a comprehensive study to determine the types of service options that may be available for independent contractors." Ms. Maurer continued, "Through an exclusive relationship with Real Living, iamindependent will provide our associates with an option for the best of both worlds - stability and independence. iamindependent's valuable business services will allow our associates to focus on excelling at their job, maximizing the rewards of their success and gaining access to wonderful benefits and perks."

For additional information on iamindependent's services please call (603) 424-2177 or visit http://www.iamindependent.biz.

About iamindependent

iamindependent is the leading provider of contingent workforce employment, management and web-enabled 1099 compliance solutions to Fortune 2000 companies that are seeking an integrated, cost-effective approach to the engagement, management and administration of their contingent workforce. Independent professionals that become employed by iamindependent gain access to world-class health and medical insurance at large employer group rates; retirement plans, which include a 401(k) and a pension plan; payroll and a year-end W-2, and administrative services such as expense report processing, billing and collections. iamindependent is headquartered in Tenafly, NJ and has the capability of servicing customers in all 50 U.S. States.

About Real Living

Real Living, Inc. (http://www.realliving.com) is the largest independently owned residential real estate firm in the Midwest and the fifth largest in the United States. Real Living has nearly 5,000 sales associates and employees, more than $6 Billion in annual sales and more than 100 offices. Real Living also offers a full range of services, including mortgage, title, relocation, corporate relocation management, and auction and home warranty.