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May 25, 2004
HOUSTON (April 14, 2004) - Houston-based Administaff, Inc. (NYSE: ASF), has
signed a three-year agreement as the Title Sponsor of the Champions Tour at
Augusta Pines, the PGA TOUR's Champions Tour event to be held annually in
Houston, tournament officials announced today. The event will be called the
Administaff Small Business ClassicSM.
After a 10-year absence, the Champions Tour is coming back to Houston, to the
Augusta Pines Golf Club. This year's event will be held Oct. 4-10, 2004 and
will be broadcast on The Golf Channel.
The Administaff Small Business Classic is breaking new ground for Administaff
and the small business community across the nation by bringing some of
professional golf's most recognizable names to Houston for a premier Champions
Tour event.
Arnold Palmer, Tom Watson, Ben Crenshaw and John Mahaffey are just a few of
the big names expected to play in the Administaff Small Business Classic that
features a $1.6 million purse. President George H. W. Bush will serve as
Honorary Chairman for this year's tournament. Approximately 100,000 spectators
are expected to head to Augusta Pines throughout the week to catch a glimpse of
the 78 Champions Tour professionals.
Proceeds from the Administaff Small Business Classic will benefit charities
including The George and Barbara Bush Foundation for Innovative Cancer Research
at the University of Texas M. D. Anderson Cancer Center, The First Tee Program
of Houston and Golfers Against Cancer.
"Having a strong Houston-based company like Administaff as our title sponsor
is very important," said Rick George, president of the Champions Tour. "With
a number of our players having ties to the area, the Champions Tour is certainly
pleased to be back in this market. We look forward to working with Administaff
over the next several years to produce a successful and exciting tournament at
Augusta Pines."
"We welcome the opportunity to sponsor this prestigious Champions Tour
event because of what it represents for our small business clients, the
charities we support and our dedicated employees," said Paul J. Sarvadi,
chairman and chief executive officer of Administaff. "We want to connect this
tournament with the small business community because we know that small business
is good for America, and Administaff proudly serves thousands of the best small
and medium-sized businesses throughout the nation."
Tournament Director Bryan Naugle is pleased to have Administaff as the title
sponsor. "This is a fantastic opportunity for both Administaff and the Champions
Tour to work together. Administaff's support for the next three years will help
make this one of the best tournaments on the Tour," he said.
About the Administaff Small Business Classic The
Champions Tour is one of the PGA TOUR's three professional golf tours (PGA TOUR,
Champions Tour and Nationwide Tour), and features the world's premier golfers
age 50 and up. The Champions Tour will play 30 official Charles Schwab Cup
tournaments for almost $53 million in 2004. Tour events generate significant
sums of money for charity. Since 1980, the Champions Tour and its tournaments
have contributed more than $100 million, and the three tours collectively have
generated more than $820 million since 1938, with 2003 contributions totaling
$82.8 million.
About Administaff Administaff is the nation's leading
Professional Employer Organization, serving as a full-service human resources
department for thousands of small and medium-sized businesses throughout the
United States. The company operates 38 sales offices in 21 major markets. For
additional information, visit Administaff's Web site at www.administaff.com.
About Augusta Pines Golf Club Augusta Pines is an 18-hole
golf course designed by Tour 18, Inc. The facility features a state-of-the-art
practice facility, including six target greens, two pitching and chipping greens and
sand bunkers. The course negotiates mature pines, dogwoods and oaks. The
fairways and tees are Baby Bermuda grass, while the greens feature TifEagle. The
dramatic finishing holes are back-to-back island greens, the par-3 17th and
par-5 18th. A total of 30 acres of lakes come into play on 11 of the 18
holes.
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