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ADMINISTAFF ANNOUNCES NEW HOUSTON SALES OFFICE
HOUSTON, TX – December 27, 2000 –
Administaff, Inc. (NYSE: ASF), the nation’s leading Professional
Employer Organization (PEO), today announced the opening of its
fourth Houston-area sales office.
"While we continue to enter new markets
all across the country, there is plenty of growth opportunity right
here in Houston," said Jay E. Mincks, Administaff’s executive
vice president of sales and marketing. "Even after 14 years
in Houston, we’re still expanding our local client base. This
is a growing market, and Administaff is growing along with it."
The opening of the fourth Houston sales office
continues Administaff’s nationwide expansion plan, which targets
a total of 90 sales offices in 40 strategically selected markets.
The company now operates 31 sales offices in 17 major metropolitan
markets: Atlanta, Austin, Baltimore, Charlotte, Chicago, Dallas,
Denver, Houston, Los Angeles, New Jersey, New York City, Orlando,
Phoenix, San Antonio, San Francisco, St. Louis, and Washington,
D.C. Together, these 17 markets represent more than 500,000 businesses
and approximately 8.5 million worksite employees that fit the company’s
client profile.
Scott Ringold will serve as district manager
at the new Houston office. The office is located at 1233 West Loop
South, Ste. 1201, Houston, TX 77027. The phone number is (713) 386-2000.
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 Fortune’s
list of "America’s Most Admired Companies" and for
the third 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, Continental Airlines, CorporateGifts.com,
Dell, Forrester Research, FTD.COM, IBM, MovingStation, Spiegel,
Virtual Growth and Works.com.
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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