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ADMINISTAFF NAMED ONE OF THE LEADING INNOVATORS
ON THE INFORMATIONWEEK 500 LIST
Company ranks third in Professional Services
category
HOUSTON October 13, 1999
Administaff, Inc. (NYSE: ASF), a leading Professional Employer Organization
(PEO), has been named to the InformationWeek 500 list of Leading
Information Technology Innovators. Administaff ranked third in the
Professional Services category and was listed number 83 overall.
This is the second consecutive year Administaff has been ranked
on the 500 list. This years list is published in the magazines
Sept. 27, 1999, issue.
In compiling the list, InformationWeek selected
500 companies with more than $1 billion in annual revenues that
demonstrated technological, procedural and organizational innovation.
In addition, the companies were ranked based on their early adoption
and creative use of technologies that made significant contributions
to their organizations. Administaff received gold citations in the
categories of e-business and customer-relationship management. For
more information, visit the publications web site at www.informationweek.com.
"Administaff is aggressively developing
its e-service capability as a key component in our high tech,
high touch approach to service delivery," said Paul J.
Sarvadi, Administaff president and chief executive officer. "We
are very pleased that InformationWeek has recognized our ongoing
program to further expand and improve our technology infrastructure."
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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