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Technology Stocks : ARC (ALRC)-A revamped and transformed web-centric IT company -- Ignore unavailable to you. Want to Upgrade?

To: Nick DeVito II who wrote (63)	7/19/2000 7:16:30 AM
From: Tom Hua	Respond to of 87

Nick, we're so close to earnings you might as well wait past it. In a year it'll be a multi-bagger. Regards, Tom

To: Nick DeVito II who wrote (63)	7/24/2000 10:48:23 PM
From: Tom Hua	Respond to of 87

Monday July 24, 7:00 pm Eastern Time Company Press Release SOURCE: Alternative Resources Corporation ARC Awarded Full-Service Help Desk Assignment from Cross Country Automotive Services Company BARRINGTON, Ill., July 24 /PRNewswire/ -- Alternative Resources Corporation (ARC) (Nasdaq: ALRC - news), a leading provider of technology management services, today announced it has won a three-year SmartSourcing® assignment to manage a full-service Help Desk for Cross Country Automotive Services. Cross Country is the leading provider of automotive-related customer service programs in North America. The assignment follows a comprehensive Help Desk Assessment study conducted last spring by ARC's consulting group and incorporates many of the recommendations that emerged from that study. The assignment encompasses support of more than twenty discreet software products and platforms as well as many ancillary user productivity services. ARC will provide an on-site Project Manager as well as a team of Help Desk Specialists, all trained in ARC's best-practices methodologies. Commenting on behalf of Cross Country, Hillary Abbey, Director, Technology and Systems said: ``ARC did a nice job during the up-front assessment of identifying problems with our previous model as well as a concrete approach to process improvement. While it wasn't our original plan, we decided our going- forward needs would best be met by outsourcing management and operation of the Help Desk to ARC.'' Commenting for ARC, Ed Jachim, Eastern Region VP said: ``We are very pleased to welcome Cross Country to the growing list of clients that regard Help Desk as a critical but non-core IT activity that is better entrusted to an outside specialist. We look forward to working with them to continuously raise their standards for end-user productivity.'' About Cross Country Cross Country Automotive Services, based in Boston, Massachusetts, is the leading provider of automotive-related customer service programs in North America, including private label 24-hour roadside assistance, customer management services, consumer marketing programs and location-based intelligent transportation services. Its service network includes more than 20,000 automotive service providers and repair facilities throughout North America. CCAS's clients include nearly two-thirds of all automobile manufacturers and importers/distributors, half of the top property-casualty insurance companies, and leading wireless carriers, financial institutions, affinity groups and other organizations. CCAS is a member of The Cross Country Group, the leading provider of private label customer service programs in North America, serving more than 250 major corporate clients and 40 million customers through its 1,500 associates and multiple geographically dispersed call centers. The Cross Country Group is the largest privately held firm of its type in the United States. About ARC Headquartered in Barrington, IL, Alternative Resources Corporation, www.arcnow.com , is a leading provider of information technology management and staffing services. The company serves Fortune 1000 and mid-sized clients throughout the U.S. and Canada.

To: Nick DeVito II who wrote (63)	7/27/2000 7:41:37 AM
From: Tom Hua	Read Replies (2) \| Respond to of 87

Thursday July 27, 6:00 am Eastern Time Company Press Release SOURCE: Alternative Resources Corporation Alternative Resources Corporation Reports Second Quarter 2000 Financial Results BARRINGTON, Ill., July 27 /PRNewswire/ -- Alternative Resources Corporation (ARC) (Nasdaq: ALRC - news), a leading provider of technology management services, today announced second quarter revenues of $65.9 million and a net loss of ($0.07) per share, EBITDA was $0.3 million and cash earnings per share were marginally positive. A restructuring of operations that disrupted normal business activities was the principal reason for the revenue reduction. Revenue from the time and material business was $45.6 million down 22% from $58.2 million last year. Solutions revenue was $20.2 million down 27% from $27.8 million in the second quarter of 1999. Revenue in the second quarter of 1999 included $1.4 million from the Pacbase consulting business, which was sold in September 1999. Excluding this revenue, the Solutions business decreased by 23%. Commenting on the quarter, Raymond R. Hipp, Chairman and Chief Executive Officer said, ``During the quarter we experienced the full impact of our restructuring. There was significant disruption to the sales and recruiting organizations as we eliminated the branch structure and management. In addition, we completed an intense training program for all field personnel as we implemented our salesforce automation and eBusiness exchange applications and processes. Although these actions contributed to the difficult quarter, they were absolutely necessary to position ARC as an efficient, web-based, national IT sourcing organization.'' Hipp further commented, ``Despite a very difficult quarter in terms of our transition and training, I am very pleased with the progress we have made in executing the eBusiness strategies we have previously outlined. This week we rolled out our ''Next Level Careers`` talent exchange that will make us much more efficient and effective in dealing with our customers and consultants. During the quarter we entered into partnerships with Extensity and ELoyalty as we move ARC into the eBusiness economy. And, we have grown our consulting business revenue by 100% since the beginning of the year with many new consulting assignments oriented towards ecommerce, web-enablement type projects. We have also experienced a significant increase in our traditional solutions pipeline having recently signed agreements with Eloyalty and Cross Country Automation for full-service help desk projects.'' Hipp concluded by commenting, ``ARC has received a commitment for long-term financing which is expected to close on August 1st. This re-financing of our $52 million debt, coupled with the progress we are making in our model changes and in executing our eBusiness strategies makes me cautiously optimistic about the second half of the year. About ARC Headquartered in Barrington, Ill., Alternative Resources Corporation, www.arcnow.com , is a leading provider of information technology management and staffing services. The company serves Fortune 1000 and mid-sized clients throughout the U.S. and Canada.