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ADMINISTAFF ANNOUNCES PREFERRED PURCHASING AGREEMENT
WITH DELL
- Agreement delivers Dell's price/performance
leadership to Administaff's small and medium-sized business clients
HOUSTON, TX April 16, 1998
Administaff, Inc., a leading Professional Employer Organization
(PEO), today announced a preferred purchasing agreement with Dell
Computer Corporation that delivers Dell's price/performance leadership
to all of Administaff's small and medium-sized business clients,
as well as its corporate and worksite employees. The discount applies
to various Dell products and services.
``This agreement enables our Company and our
clients to access leading-edge technology in a cost effective and
efficient manner,'' said Paul J. Sarvadi, Administaff President
and Chief Executive Officer. ``We will continue seeking to align
our Company with industry leaders that can provide our clients with
value-added products and services.''
John Kinnaird, Group Vice President of Dell's
Preferred Accounts Division commented, ``The agreement announced
today is an extension of Dell's strong and ongoing commitment to
serving the needs of medium-sized businesses. We make it easy and
efficient to deal directly with the manufacturer.''
As part of the purchasing agreement with Dell,
Administaff has its own personalized site on Dell's Premier Pages(SM),
a popular Internet service that Administaff clients and employees
can access via the Administaff homepage using a secure connection.
Premier Pages(SM) was originally created by Dell for its biggest
corporate, government and education customers, enabling them to
purchase computers online, track orders, create custom reports and
view their Dell Systems' purchase and service history. Administaff's
clients can also access Dell's services by calling a toll-free number
provided by their client service representative.
``Our agreement with Dell once again demonstrates
how the PEO industry can serve as an effective gateway to the small
and medium-sized business community,'' said Jerald Broussard, Administaff's
Senior Vice President of Business Development. ``It also reaffirms
and strengthens Administaff's leadership position within the industry.''
Ranked in the top 200 of Fortune 500(R) companies,
Dell Computer Corporation is the world's leading direct computer
systems company, based on revenues of $12 billion for the past four
quarters. Dell designs and customizes products and services to end-user
requirements, and offers an extensive selection of peripherals and
software through the DellWare(R) program. Information on Dell and
its products can be obtained through its toll-free number 1-800-388-8542
or by accessing the Dell World Wide Web server at www.dell.com .
Administaff had 1997 revenues of $1.2 billion.
As one of the nation's leading PEOs, the Company provides a comprehensive
Personnel Management System that encompasses a broad range of services,
including benefits and payroll administration, medical and workers'
compensation insurance programs, personnel records management, employer
liability management, employee recruiting and selection, performance
management, and training and development services to small and medium-sized
businesses. The Company has 20 offices in 12 major markets and serves
clients and worksite employees throughout the United States.
NOTE: These statements contained in this press
release which are not historical facts are forward-looking statements
that involve a number of risks and uncertainties. Therefore, the
actual results of future events described in such forward-looking
statements could differ materially from those stated in such forward-looking
statements. Among the factors that could cause actual results to
differ materially include regulatory and tax developments, competitive
activities and increases in direct costs and operating expense,
which are described in further detail in the Company's filings with
the Securities and Exchange Commission.
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