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ADMINISTAFF OPENS BOSTON-AREA OFFICE
HOUSTON, TX April 11, 2001
Administaff, Inc. (NYSE: ASF), the nations leading Professional
Employer Organization (PEO), today announced the opening of its
first Boston-area office to serve small and medium-sized businesses
in that market and throughout New England.
"With the opening of this new office, Administaff
will be able to better serve the Boston market and surrounding areas
of New England as well," said Jay E. Mincks, Administaffs
executive vice president of sales and marketing. "Boston is
home to thousands of companies that fit our target profile, and
Massachusetts is ranked as one of the nation's leading markets for
fast-growing companies."
Steve Shula has joined Administaff as district
manager for the Boston-area office. The office is located at 30
Corporate Drive, Suite 100, Burlington, MA., 01803. The phone number
is (781) 565-2900.
This new office opening continues Administaffs
nationwide expansion plan, which targets a total of 90 sales offices
in 40 strategically selected markets. The company now operates 34
sales offices in 18 major metropolitan areas: Atlanta, Austin, Baltimore,
Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles,
New Jersey, New York City, Orlando, Phoenix, San Antonio, San Francisco,
St. Louis and Washington, D.C.
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 2000 revenues of $3.7 billion, Administaff ranks number 448
on the Fortune 500 list. The company also is included on Fortune's
list of "America's Most Admired Companies," the Forbes
Platinum 400 list of the best-performing big companies in America,
and the InformationWeek 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, Continental Airlines, CorporateGifts.com,
Dell, FTD.COM, Forrester Research, IBM, Lexmark, MovingStation,
Spiegel, Virtual Growth and Works.
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) changes in general economic conditions;
(ii) regulatory and tax developments; (iii) changes in Administaffs
direct costs and operating expenses; (iv) the estimated costs and
effectiveness of capital projects and investments in technology
and infrastructure; (v) Administaffs ability to effectively
implement its eBusiness strategy; (vi) the effectiveness of Administaffs
sales and marketing efforts, including the companys marketing
arrangements with other companies; and (vii) 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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