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ADMINISTAFF ANNOUNCES ALLIANCE WITH CONTINENTAL
AIRLINES
HOUSTON, TX November 28, 2000
Administaff, Inc. (NYSE: ASF), the nation’s leading Professional
Employer Organization (PEO), today announced an online marketing
alliance with Continental Airlines (NYSE: CAL and CAL.A).
Through this alliance, Administaff’s client
companies will have access to the Continental RewardOne Program
via bizzportSM, Administaff’s eCommerce portal. The RewardOne program
allows small and medium-sized businesses to earn travel rewards
when employees fly Continental. These rewards can be used as a corporate
incentive program for employees and customers, or they can be applied
to future business trips, allowing companies to reduce overall travel
expenses.
Administaff client companies will accumulate
RewardOne points based on dollars spent for business travel on Continental.
In addition, client companies will receive bonus RewardOne points
when they sign up for the program through bizzport. RewardOne points
are redeemable for upgrades, Silver OnePass Elite Status, Presidents
Club memberships and travel certificates.
"The RewardOne program is a great way to kick
off our alliance with Continental Airlines," said Paul J. Sarvadi,
president and chief executive officer of Administaff. "We are continually
seeking new opportunities to provide value-added services for our
client companies, and this alliance is a great addition to the best-of-class
services our client companies have come to expect."
Bob King, Continental’s staff vice president
of North America sales, added, "RewardOne has quickly become the
leading online travel management and incentive program for small
and medium-sized business. We are excited that Administaff has added
RewardOne to the impressive selection of services it offers its
clients through bizzport, and we will be working closely with Administaff
to expand upon this alliance."
About Continental Airlines
Continental Airlines is the fifth largest airline in the U.S., offering
more than 2,400 departures daily to 138 domestic and 92 international
destinations. Operating hubs in Newark, Houston, Cleveland and Guam,
Continental (www.continental.com) serves more international cities
than any other U.S. carrier, including extensive service throughout
the Americas, Europe and Asia.
Continental is in the top quarter of FORTUNE
magazine’s "100 Best Companies to Work for in America," and is ranked
the nation’s No. 1 airline in customer satisfaction for long and
short-haul flights by Frequent Flyer magazine and J.D. Power and
Associates. Continental has received numerous awards for its BusinessFirst
premium cabin (Condé Nast Traveler, OAG, Entrepreneur and SmartMoney
magazines), OnePass frequent flyer program (InsideFlyer’s Freddie
Awards) and overall operations and management (Air Transport World’s
1996 Airline of the Year).
About Administaff
Administaff is a leading personnel management company that serves
as a full-service human resources department for small and medium-sized
businesses throughout the United States. With 1999 revenues of $2.3
billion, Administaff ranks No. 615 on the FORTUNE 1000 list. The
company also is included for the second consecutive year on the
Information Week 500 list of leading information technology innovators.
Administaff’s Personnel Management System includes
employment administration, benefits management, government compliance,
recruiting and selection, employer liability management, training
and development, performance management and owner support. These
core services are complemented by an eBusiness strategy that includes
Administaff Assistant®, an eService platform that provides clients
and worksite employees with information and resources to help maximize
the benefit of their Administaff services; and bizzportSM, an eCommerce
portal that features value-added products and services from best-of-class
providers such as American Express, Aon Enterprise, AT&T, Bank One,
Best Upon Request, CorporateGifts.com, Dell, Forrester Research,
IBM, MobShop Network, MovingStation, Spiegel, Virtual Growth and
Works.com.
Administaff has 30 sales offices in 17
major markets. 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 arrangements with other companies; 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.)
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