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ADMINISTAFF ANNOUNCES PREFERRED PURCHASING AGREEMENT WITH SIMPLEX
  • Advanced Time & Attendance System To Provide Operating Efficiencies

HOUSTON, TX – Feb. 2, 1999 – Administaff, Inc. (NYSE: ASF), a leading Professional Employer Organization (PEO), today announced a preferred purchasing agreement with Simplex Time Recorder Co. Under the terms of the agreement, Simplex’s advanced WinSTARâ time and attendance system will be integrated into Administaff’s operations and also will be made available to Administaff clients that can benefit from the sophisticated system.

"This agreement provides our company and our larger clients with access to a powerful, Windows-based tool for automating the collection and processing of payroll and other workforce data," said A. Steve Arizpe, Administaff executive vice president of client services. "In addition to improved operating efficiencies for both Administaff and its client companies, the Simplex time and attendance system offers a wide range of standard and customized personnel reports to help businesses remain competitive and profitable."

WinSTAR, the industry’s first Windows-based time and attendance system, integrates data from across an organization into a total workforce information solution. The system electronically captures time and attendance information, calculates employee hours, tracks attendance exceptions, and provides for time and attendance data to be seamlessly exported into payroll, human resources and other business applications.

eoffrey Palmer, Simplex vice president of marketing for the Workforce Solutions Division, said, "We see Administaff as an effective gateway to the small- and medium-sized business community, and we are pleased to work with Administaff in serving this important market segment. By providing punch-to-paycheck automation and automatic compliance with work rules, attendance and pay policies, the WinSTAR system will enable Administaff and its client companies to improve operating efficiency and save time and money."

Headquartered in Gardner, Massachusetts, Simplex is a multinational company that provides fire detection, security, building communications, and workforce information solutions and services to customers worldwide. Simplex’s Workforce Information Systems are powerful software products and peripherals that let businesses automate their labor management functions. Simplex systems and solutions are backed by a distribution and support network that includes 170 company-owned offices around the globe and representatives in 65 countries. In each of the last three years, Simplex has earned the distinction of being included on Forbes Magazine’s annual list of the 500 Top Private Companies.

Administaff is one of the nation's leading Professional Employer Organizations, providing small- to medium-sized businesses with a comprehensive Personnel Management System that includes 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. The company currently has 23 offices in 14 major markets and serves clients and worksite employees throughout the United States.

(NOTE: The statements contained in this press release that 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 are: (i) regulatory and tax developments; (ii) changes in the company's direct costs and operating expenses; (iii) the effectiveness of the company's sales and marketing efforts, including its marketing agreement with American Express, American Express' ability to set qualified appointments and the company's ability to convert those appointments into sales; (iv) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure; (v) changes in the competitive environment in the PEO industry; and (vi) the effectiveness and estimated costs of the company's Year 2000 conversion and contingency plans. These factors are described in further detail in the company's filings with the Securities and Exchange Commission.)