Administaff Added to Fortune 500 List; Company Makes 500 List on Its 15-Year Anniversary

Apr 03, 2001, 01:00 ET from Administaff, Inc.

    HOUSTON, April 3 /PRNewswire/ -- Administaff, Inc. (NYSE:   ASF), the
 nation's leading Professional Employer Organization (PEO), today announced it
 is included on the Fortune 500 list of America's largest corporations.  The
 company was ranked number 448, moving up from a Fortune 1000 ranking of
 615 last year.
     "This is a terrific milestone for Administaff and a great way to celebrate
 15 years in business," said Paul J. Sarvadi, Administaff president and chief
 executive officer.  "Our rapid growth demonstrates how increasingly valuable
 our services are to an expanding number of small and medium-sized businesses
 across the country."
     Fortune also ranked the top 500 companies in various performance and
 industry categories.  Administaff was among the top 20 companies in all three
 listings that benchmark the "most bang for the buck," including:
     --  number two in revenues per dollar of assets,
     --  number 10 in revenues per dollar of equity, and
     --  number 16 in revenues per employee.
 
     Only three other companies in the Fortune 500 made all three listings in
 the "most bang for the buck" rankings.  Administaff also ranked in the top
 five companies in the "Diversified Outsourcing Services" industry category.
     According to Fortune, the methodology used for the Fortune 500 rankings
 has always been the same.  "The criterion for membership in this elite club
 remained constant: revenues, revenues, revenues," reported the magazine.  "In
 these turbulent times, we all need a little constancy."
     The Fortune 500 list will be published in the April 16, 2001, issue.  For
 additional information about the Fortune 500, log on to www.fortune.com.
     With 2000 revenues of $3.7 billion, 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.  In
 addition to the Fortune 500 list, 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(R),
 an eService platform that provides clients and worksite employees with
 information and resources to help maximize the benefit of their Administaff
 services; and bizzport(SM), 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, Forrester Research, FTD.COM, IBM, Lexmark,
 MovingStation, Spiegel, Virtual Growth and Works.com.
     Administaff has 33 sales offices in 17 major markets.  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.)
 
 

SOURCE Administaff, Inc.
    HOUSTON, April 3 /PRNewswire/ -- Administaff, Inc. (NYSE:   ASF), the
 nation's leading Professional Employer Organization (PEO), today announced it
 is included on the Fortune 500 list of America's largest corporations.  The
 company was ranked number 448, moving up from a Fortune 1000 ranking of
 615 last year.
     "This is a terrific milestone for Administaff and a great way to celebrate
 15 years in business," said Paul J. Sarvadi, Administaff president and chief
 executive officer.  "Our rapid growth demonstrates how increasingly valuable
 our services are to an expanding number of small and medium-sized businesses
 across the country."
     Fortune also ranked the top 500 companies in various performance and
 industry categories.  Administaff was among the top 20 companies in all three
 listings that benchmark the "most bang for the buck," including:
     --  number two in revenues per dollar of assets,
     --  number 10 in revenues per dollar of equity, and
     --  number 16 in revenues per employee.
 
     Only three other companies in the Fortune 500 made all three listings in
 the "most bang for the buck" rankings.  Administaff also ranked in the top
 five companies in the "Diversified Outsourcing Services" industry category.
     According to Fortune, the methodology used for the Fortune 500 rankings
 has always been the same.  "The criterion for membership in this elite club
 remained constant: revenues, revenues, revenues," reported the magazine.  "In
 these turbulent times, we all need a little constancy."
     The Fortune 500 list will be published in the April 16, 2001, issue.  For
 additional information about the Fortune 500, log on to www.fortune.com.
     With 2000 revenues of $3.7 billion, 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.  In
 addition to the Fortune 500 list, 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(R),
 an eService platform that provides clients and worksite employees with
 information and resources to help maximize the benefit of their Administaff
 services; and bizzport(SM), 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, Forrester Research, FTD.COM, IBM, Lexmark,
 MovingStation, Spiegel, Virtual Growth and Works.com.
     Administaff has 33 sales offices in 17 major markets.  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.)
 
 SOURCE  Administaff, Inc.