HRTools.com Joins Forces With HR PowerHouse
HOUSTON, July 31 /PRNewswire-FirstCall/ -- 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. DATASOURCE: Administaff, Inc.
CONTACT: investor relations, Douglas S. Sharp, Vice President, Finance, Chief Financial Officer and Treasurer, +1-281-348-3232, or , or news media, Jason Cutbirth, Managing Director, Marketing and Corporate Communications, +1-281-312-3085, or , both of Administaff, Inc.
Web site: http://www.administaff.com/
|