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ADMINISTAFF OPENS SECOND BOSTON-AREA OFFICE
HOUSTON - December 17, 2001 - Administaff,
Inc. (NYSE: ASF), the nation's leading Professional Employer Organization
(PEO), today announced the opening of its second Boston-area office
to serve small and medium-sized businesses in the market and throughout
New England.
"We believe the entrepreneurial business
climate and strong market demographics in Boston represents an ideal
opportunity for further expanding our East Coast presence,"
said Jay E. Mincks, Administaff's executive vice president of sales
and marketing.
The opening of the second Boston office continues
Administaff's nationwide expansion plan, which targets a total of
90 sales offices in 40 strategically selected markets. The company
now operates 36 sales offices in 19 major metropolitan areas: 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.
Tom Marzola has joined Administaff as the district
manager for the second Boston-area office. The office is located
at 30 Corporate Drive, Suite 100, in Burlington, Mass. The phone
number is (781) 565-2900.
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. In addition, Administaff is included on
Fortune's list of "America's Most Admired Companies,"
on the Forbes Platinum 400 list of the best big companies in America
and on 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
the Employee Service CenterSM, an interactive eService platform
that provides clients and worksite employees with information and
resources to help maximize the benefit of their Administaff services.
The Employee Service Center also features My MarketPlaceSM, an eCommerce
portal that offers 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 Professional Employer Organization industry. These factors
are described in further detail in Administaff's filings with the
Securities and Exchange Commission.)
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