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Non-Tech : ASI SOLUTIONS (ASIS): A FAST GROWTH COMPANY!

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To: contax who wrote ()10/21/1997 9:33:00 AM
From: RUSLAN KRAS   of 158
 
Bell Atlantic Signs Multi-Year Agreement with ASI

Business Wire - October 21, 1997 07:31

%ASI %BELL-ATLANTIC ASIS BEL %NEW-YORK %COMPUTERS %ELECTRONICS %TELECOMMUNICATIONS %COMED V%BW P%BW
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NEW YORK--(BUSINESS WIRE)--Oct. 21, 1997--

ASI Solutions Incorporated (NASDAQ: ASIS), a leading human resources outsourcing company, said today it has signed a substantial multi-year agreement to provide a comprehensive range of specialized employment processing services to Bell Atlantic (NYSE: BEL). Terms were not disclosed.

The services ASI provides to Bell Atlantic encompass most functions involved in the hiring process -- scheduling, interviewing, testing and screening potential employees. ASI is an innovator in employment process administration. The company helps its clients meet staffing needs using advanced techniques, including interactive voice response systems, to simplify and streamline the employment process.

In announcing the new agreement, Bernard F. Reynolds, chairman and chief executive officer of ASI, pointed out that it is "an important milestone in the growth of ASI, representing both the renewal of existing programs and services, and an expansion of our activities throughout the entire Bell Atlantic system." A significant portion of ASI's new activities with Bell Atlantic will begin in November, to be followed by additional expansion early next year, Mr. Reynolds said.

About ASI Solutions Incorporated

ASI Solutions Incorporated is a leading national provider of a comprehensive range of human resources outsourcing services for large organizations seeking to hire, train and develop a higher quality, more effective workforce. The company's products are organized into four core areas: assessment and selection, training and development, customer contact monitoring and employment process administration. ASI markets its services principally to Fortune 500 companies for which customer service, sales and call center functions are critical components of their businesses. ASI's Internet address is www.asisolutions.com.

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212/319-8400
or
Phase Two Strategies
Tanya Klaserner
212/370-4940



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