HRTools.com Joins Forces With HR PowerHouse
HOUSTON, July 31, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Administaff, Inc. (NYSE: ASF),
a leading provider of human resources (HR) services for small and medium-sized
businesses, today announced the launch of the redesigned HRTools.com(SM) Web
site, featuring HR information, products and services. The new Web site
integrates content from Administaff's HR PowerHouse(R) Web site into the
HRTools.com Web site for a single, powerful resource to provide HR news, tools
and information to many small and medium-sized businesses.
Administaff acquired the HRTools.com Web site and related software
products in December 2005 to expand its target market and complement its small
business services strategy. The redesigned Web site currently serves a
combined 345,000 registered users.
"In addition to creating new revenue sources and helping drive leads for
our core PEO business, the redesign of the HRTools.com Web site demonstrates
Administaff's ongoing commitment as an advocate for small business," said Paul
J. Sarvadi, Administaff chairman and chief executive officer. "Small
businesses will be able to access information and tools to help their
businesses, directly through Administaff, or through an array of alliance
partner Web sites, including IBM, International Association of Microsoft
Certified Partners, Office Depot, CareerBuilder.com, Avaya and Pitney Bowes."
The HRTools.com Web site provides dynamic HR information, best practices
HR advice, the latest HR news, critical employee documentation and
productivity software via Web subscriptions or desktop solutions. In addition,
assistance with HR essentials such as writing job descriptions, managing
performance reviews, and creating company policies or employee handbooks is
available through the HRTools.com Web site.
Administaff is the nation's leading professional employer organization
(PEO), serving as a full-service human resources department that provides
small and medium-sized businesses with administrative relief, big-company
benefits, reduced liabilities and a systematic way to improve productivity.
The company operates 41 sales offices in 22 major markets. For additional
information, visit Administaff's Web site at http://www.administaff.com .
The statements contained herein that are not historical facts are forward-
looking statements within the meaning of the federal securities laws (Section
27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934). You can identify such forward-looking statements by the words
"expects," "intends," "plans," "projects," "believes," "estimates," "likely,"
"possibly," "probably," "goal," "objective," "target," "assume," "outlook,"
"guidance," "predicts," "appears," "indicator" and similar expressions.
Forward-looking statements involve a number of risks and uncertainties. In
the normal course of business, Administaff, Inc., in an effort to help keep
our stockholders and the public informed about our operations, may from time
to time issue such forward-looking statements, either orally or in writing.
Generally, these statements relate to business plans or strategies, projected
or anticipated benefits or other consequences of such plans or strategies, or
projections involving anticipated revenues, earnings, unit growth, profit per
worksite employee, pricing, operating expenses or other aspects of operating
results. We base the forward-looking statements on our current expectations,
estimates and projections. These statements are not guarantees of future
performance and involve risks and uncertainties that we cannot predict. In
addition, we have based many of these forward-looking statements on
assumptions about future events that may prove to be inaccurate. Therefore,
the actual results of the 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 and possible adverse application of various federal,
state and local regulations; (iii) changes in our direct costs and operating
expenses including, but not limited to, increases in health insurance premiums
and workers' compensation rates and underlying claims trends, financial
solvency of workers' compensation carriers and other insurers, state
unemployment tax rates, liabilities for employee and client actions or
payroll-related claims, changes in the costs of expanding into new markets,
and failure to manage growth of our operations; (iv) the effectiveness of our
sales and marketing efforts; (v) changes in the competitive environment in the
PEO industry, including the entrance of new competitors and our ability to
renew or replace client companies; (vi) our liability for worksite employee
payroll and benefits costs; and (vii) an adverse final judgment or settlement
of claims against Administaff. These factors are discussed in further detail
in Administaff's filings with the U.S. Securities and Exchange Commission.
Any of these factors, or a combination of such factors, could materially
affect the results of our operations and whether forward-looking statements we
make ultimately prove to be accurate.
SOURCE Administaff, Inc.
Investor Relations Douglas S. Sharp, Vice President, Finance, Chief Financial
Officer and Treasurer, +1-281-348-3232, or Douglas_Sharp@Administaff.com News
Media Jason Cutbirth, Managing Director, Marketing and Corporate Communications,
+1-281-312-3085, or Jason_Cutbirth@Administaff.com both of Administaff, Inc.