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ADMINISTAFF ANNOUNCES ALLIANCE WITH FTD.COM
HOUSTON, TX December 12, 2000
Administaff, Inc. (NYSE: ASF), the nations leading Professional
Employer Organization (PEO), today announced an alliance with FTD.COM
(NASDAQ: EFTD), an Internet and telephone marketer of more than
1,000 unique floral arrangements and specialty gifts for the holidays
and other occasions.
Under the terms of the agreement, Administaffs
clients and employees will receive special pricing and have access
to FTD.COM products and services through a co-branded FTD.COM web
site accessible through bizzportSM, Administaffs eCommerce
portal. FTD.COM offers unique gift options such as floral bouquets
and plants, gourmet foods, bath and beauty products, wine accessories,
crystal items and collectibles, sports gift baskets and travel accessories.
"Administaff is constantly seeking alliances
that will offer clients and employees services that can enhance
both their professional and personal lives," said Paul J. Sarvadi,
president and chief executive officer of Administaff. "During
holiday seasons and other special occasions, FTD.COM can save our
clients time and money by allowing them to purchase flowers and
gifts online."
"We are pleased to be able to offer our
services to Administaff and its clients," said Michael J. Soenen,
president and chief executive officer of FTD.COM. "Offering
a variety of gift ideas, perfect for any occasion, FTD.COM is easy
to use and offers customers a quick, convenient shopping experience."
About FTD.COM
FTD.COM is an Internet and telephone marketer of flowers and specialty
gifts. Founded by FTD, the worlds largest floral services
organization, FTD.COM sells directly to consumers through its web
site and the 1-800-SEND-FTD telephone number. Utilizing FTD florists
who adhere to the highest quality and service standards, FTD.COM
provides same-day delivery of floral orders to nearly 100 percent
of the U.S. population. FTD.COM offers more than 1,000 unique floral
arrangements and specialty gifts for holidays and other occasions.
Additional information about FTD.COM, including investor relations,
is available at the companys web site at www.FTD.COM.
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 Fortunes
list of "Americas Most Admired Companies" and for
the third consecutive year on the Information Week 500 list of leading
information technology innovators.
Administaffs 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 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 Administaffs direct costs and operating expenses;
(iii) the estimated costs and effectiveness of capital projects
and investments in technology and infrastructure; (iv) Administaffs
ability to effectively implement its eBusiness strategy; (v) the
effectiveness of Administaffs sales and marketing efforts,
including the companys marketing arrangements with other companies;
and (vi) changes in the competitive environments in the PEO industry.
These factors are described in further detail in Administaffs
filings with the Securities and Exchange Commission.)
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