|
ADMINISTAFF EXPANDS ATLANTA OPERATIONS WITH THIRD
AREA OFFICE
HOUSTON, TX – June 14, 2000 –
Administaff, Inc. (NYSE: ASF), a leading Professional Employer Organization
(PEO), today announced the opening of its third sales office in
the Atlanta area. The new office - the 28th for the company
nationwide - continues Administaff’s national expansion plan
targeting approximately 90 sales offices in 40 strategically selected
markets.
"Administaff has achieved a 67 percent
growth rate in the number of Atlanta-area worksite employees over
the last 12 months, and we believe the opening of our new office
will help us build on this success," said Jay E. Mincks, Administaff’s
executive vice president of sales and marketing. "With more
than 27,000 small and medium-sized companies that fit our client
profile, the Atlanta business community is our eighth-largest market
in terms of growth opportunity."
In October 1999, Administaff opened a regional
service center in Atlanta, its third nationally. After only nine
months of operation, the center is already providing personnel management
services for more than 30 percent of Administaff’s clients.
In addition to its service centers, the company now operates 28
sales offices in 16 major metropolitan markets, including Atlanta,
Austin, Baltimore, Charlotte, Chicago, Dallas, Denver, Houston,
Los Angeles, New York, Orlando, Phoenix, San Antonio, San Francisco,
St. Louis, and Washington, D.C. Together, these 16 markets represent
more than 500,000 businesses and approximately 8.5 million worksite
employees that fit the company’s target profile.
Dorothy Lucas has been named district manager
for the new Atlanta office. Like the company’s first Atlanta
sales office, the new office is strategically located in the Dunwoody
area of north Atlanta at 1117 Perimeter Center West, Suite W104,
Atlanta, Ga 30338; and can be reached locally at (770) 901-9779.
Administaff is a leading provider of personnel
management services for small and medium-sized businesses throughout
the United States. The company’s comprehensive Personnel Management
System includes employment administration, benefits management,
government compliance, recruiting and selection, employer liability
management, training and development, performance management and
owner support. Administaff ranks number 615 on the Fortune 1000
list and is included for the second consecutive year on Fortune’s
list of "America’s Most Admired Companies." The company
also ranks number 83 on the Information Week 500 list of leading
information technology innovators. For additional information, visit
the company’s 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 Administaff’s direct costs and operating expenses;
(iii) the estimated costs and effectiveness of capital projects
and investments in technology and infrastructure; (iv) Administaff’s
ability to effectively implement its eBusiness strategy; (v) the
effectiveness of Administaff’s sales and marketing efforts,
including the company’s marketing agreement with American Express;
and (vi) changes in the competitive environments in the PEO industry.
These factors are described in further detail in Administaff’s
filings with the Securities and Exchange Commission.)
|
|
