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ASI Solutions Incorporated Expects to Achieve Record Earnings in First Quarter of Fiscal 2001.


Business Editors

NEW YORK--(BUSINESS WIRE)--June 22, 2000

ASI ASI,
n See Anxiety Sensitivity Index.
 Solutions Incorporated (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ASIS 1. ASIS - Application Software Installation Server.
2. (language) ASIS - Ada Semantic Interface Specification.
), a leading national provider of human resource consulting Services Provided
Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce.
 and outsourcing services, today announced that its first quarter earnings for fiscal 2001 ending June 30, 2000, are expected to exceed $.27 per diluted share eclipsing last year's first quarter results of $.15 per diluted share.

Bernard F. Reynolds, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated "Based on preliminary data for the quarter, we anticipate revenues and earnings to increase significantly when compared with the same period last year. We are experiencing strong sales volume in all three business units, with particular strength in Performance Improvement Services where volume is increasing to record levels across a broad client base."

ASI expects to release earnings for the first quarter of fiscal 2001 on Thursday August 3, 2000, with a conference call to follow at 11:00 AM EST EST electroshock therapy.

EST
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About ASI

ASI Solutions Incorporated is a leading national provider of a unique blend of human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  consulting and outsourcing services for organizations seeking to hire, train and develop a higher quality, more effective workforce. The company offers services in three areas: Performance Improvement; Employment Process Outsourcing; and Compensation & Market Share Studies (McLagan Partners). These services are provided to major corporations and other large organizations, primarily in the telecommunications, financial services, information technology and healthcare industries. ASI's Internet address is www.asisolutions.com.

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, and is subject to risks that could cause the actual results to vary materially, including those discussed in our quarterly and annual filings with the Securities and Exchange Commission, negative developments relating to unforeseen order cancellations or push-outs, ASI's strategic relationships, the impact of intense competition on our ability to maintain existing business and generate new business, and changes in our industry. We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We will not undertake, and we specifically disclaim any obligation to announce revisions to any such forward-looking statements to reflect events or circumstances occurring after such statements were made.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 22, 2000
Words:362
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