|
ADMINISTAFF ANNOUNCES OPENING OF SAN DIEGO OFFICE
HOUSTON, TX — May 3, 2001 —
Administaff, Inc. (NYSE: ASF), the nation's leading Professional
Employer Organization (PEO), today announced the opening of its
first San Diego office to serve small and medium-sized businesses
in that area. This new sales office - the company's 8th in California
- continues Administaff's nationwide expansion program, which targets
a total of 90 sales offices in 40 markets.
"We have experienced strong demand for our services
in other California markets, and we believe the entrepreneurial
business climate in San Diego represents an ideal opportunity for
further expanding our West Coast presence," said Jay E. Mincks,
Administaff's executive vice president of sales and marketing.
Administaff currently operates three sales offices
in Los Angeles and four in San Francisco. In addition, the company
plans to open its fourth regional service center later this year
in the Diamond Bar area of Los Angeles.
Ross Astramecki will serve as district manager
for the new San Diego office. The office is located at 9276 Scranton
Rd., Suite 100, San Diego, 92121-1750; and the phone number is (858)
587-5700, or call toll free at (888) 817-1518.
Administaff now operates 35 sales offices in
19 major metropolitan markets: Atlanta, Austin, Baltimore, Boston,
Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, New Jersey,
New York City, Orlando, Phoenix, San Antonio, San Diego, 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, the company ranks number 448
on the Fortune 500 list. In addition, the company is included
on Fortune's list of "America's Most Admired Companies,"
the Forbes Platinum 400 list of the best big companies in
America and the InformationWeek 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, AT&T, Bank
One, Continental Airlines, Dell, IBM and Spiegel.
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) changes in general economic conditions;
(ii) regulatory and tax developments; (iii) changes in Administaff's
direct costs and operating expenses; (iv) the estimated costs and
effectiveness of capital projects and investments in technology
and infrastructure; (v) Administaff's ability to effectively implement
its eBusiness strategy; (vi) the effectiveness of Administaff's
sales and marketing efforts, including the company's marketing arrangements
with other companies; and (vii) 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.)
|
|
