PAGE       <<   1 2  >>    return to press releases

Prudential Corporate Purchasing Selects ZeroChaos to Provide Payroll Services for Temporary Workers


(BLACK PR WIRE) NEWARK, N.J.--(BUSINESS WIRE)--Oct. 27, 2006--Prudential Financial, Inc. (NYSE: PRU) announced today that it has selected ZeroChaos, a minority owned vendor, to provide payroll services for some of the company's temporary workers.

ZeroChaos, headquartered in Orlando, Florida, was selected because of its competitive pricing and its automated and web-enabled solution for processing time sheets and payroll. In addition to these factors, ZeroChaos is a certified Minority-owned Business Enterprise (MBE). The vendor will provide payroll services and all employer-related functions for temporary workers who were referred by Prudential employees.

"Prudential's policy is to do business with the supplier that best meets our needs in terms of cost, quality and service, recognizing that minority and woman-owned businesses bring value and innovation to the table. ZeroChaos fits both criteria. Using a diverse supplier base makes sense for everyone - our customers, our suppliers and Prudential," said Mary Donelik, vice president, Corporate Purchasing at Prudential. "We look forward to a successful partnership with ZeroChaos."

Prudential Financial companies, with approximately $568 billion in total assets under management as of June 30, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States.

These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services. For more information, visit www.prudential.com.