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ADMINISTAFF OPENS NEW ATLANTA SERVICE CENTER
HOUSTON Sept. 8, 1999
Administaff, Inc. (NYSE:ASF), a leading professional employer organization
(PEO), today announced the opening of its new Atlanta service center.
The 40,000 square foot facility, located in
Kennesaw, Ga., will handle payroll, benefits, and other human resource
services for Administaff clients located primarily in the eastern
United States. The facility also will work in conjunction with the
companys two other service centers, located in Houston and
Dallas, to provide mutual backup systems for ensuring business continuation
in the event of an emergency, such as severe weather conditions.
"This regional service center is
designed to help us keep pace with the continuing growth of our
client base," said A. Steve Arizpe, Administaffs executive
vice president of client services. "Its also in line
with our goal to locate service professionals closer to our clients
and worksite employees. Ultimately, we expect the center to serve
approximately 40,000 worksite employees."
Total employment at the new facility is expected
to be about 50 people by the end of this year and approximately
200 by year-end 2000.
The service center is located in Four Barrett
Lakes, a two-story building on Barrett Parkway between Interstate
75 and U.S. 41. The address is 1940 Lodge Rd., NW, Suite 100, Kennesaw,
GA 30144; and the phone number is 678-354-1430. Administaff also
operates two sales offices in Atlanta.
Administaff clients and suppliers, along with
community and business leaders, will be invited to an open-house
ceremony at the new facility in early October.
Administaff provides small and 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 25 offices in 15 major markets and serves clients and worksite
employees throughout the United States. For additional information,
visit the companys web site at www.administaff.com.
(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 companys direct costs and operating expenses;
(iii) the effectiveness of the companys sales and marketing
efforts, including its marketing agreement with American Express,
American Express ability to set qualified appointments and
the companys 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 environments in the PEO industry; and (vi) the effectiveness
and estimated costs of the companys Year 2000 conversion and
contingency plans. These factors are described in further detail
in the companys filings with the Securities and Exchange Commission.)
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